Exchange of Food Products between Iran & Turkmenistan Rises

The trade of food and agricultural products between Iran and Turkmenistan increased by 35% in the first two months of the current Iranian calendar year (March 20-May 21), an official with Iran’s Trade Promotion Organization (TPO) said.

According to Akbar Godari, the trade between the two countries has been following an upward trend over the past two years, IRIB reported.

Back in November 2023, The TPO head of announced the beginning of drafting a comprehensive economic cooperation document between the Islamic Republic and Turkmenistan.

Referring to the holding of the 17th Iran-Turkmenistan Joint Economic Committee meeting in Ashgabat and the visit of the Iranian delegation to Turkmenistan, Mehdi Zeyghami said: "This trip was very fruitful because the minister of foreign affairs of Turkmenistan and the Iranian head of the joint committee are working to create a comprehensive economic and trade document between the two countries.”

According to Zeyghami, the Islamic Republic is going to dispatch a commercial attaché to Turkmenistan over the next four months to pursue the drafting of the mentioned document.

Saying that last year US$500 million of trade exchange was done between Iran and Turkmenistan, the official noted: “This year we will witness the same amount of trade between the two countries, and according to the agreements made, there is a possibility of significant growth in trade exchange.”

He further referred to Turkmenistan's interest in participating in Iran's specialized exhibitions, saying: “The two countries have good interactions in the field of construction materials and technical and engineering services, but there is no extensive interaction in other specialized fields such as industrial machinery, knowledge-based industries, and medical equipment, and the visit of Turkmen companies to Iranian exhibitions will create the opportunity for such interactions.” - Tehran Times