Iran has reported a 35 percent increase in agricultural exports and $48 billion in non-oil export revenues, reflecting strong economic growth. The country is also enhancing ties with Brazil for trade and financial cooperation within the BRICS framework.
Iran has reported a notable increase of 35 percent in its agricultural exports, as announced by the country’s Minister of Agriculture. This growth positions the agricultural sector as the second fastest-growing area in Iran, following the oil industry, and has made a significant contribution to the nation’s overall economic development.
Additionally, Iran’s Deputy Minister of Industry, Mine and Trade, Mohammad Ali Dehqan Dehnavi, stated that revenues from non-oil exports have reached $48 billion for the current Iranian year, which concludes on March 20, 2025. This reflects an 18 percent increase compared to the same timeframe last year.
Iran is actively enhancing its international economic relations, particularly with Brazil. According to Pars Today, the Deputy Governor of the Central Bank of Iran recently formalized an agreement with Brazil’s Deputy Finance Minister, focusing on the use of national currencies in bilateral trade and expanding banking collaborations. Both parties acknowledged the substantial potential for increased financial and trade cooperation within the context of BRICS frameworks.
To summarize, Iran has achieved a remarkable 35 percent increase in agricultural exports, highlighting its strong economic growth. The non-oil export revenues have also shown significant progress, reaching $48 billion. Moreover, the strengthening of economic ties with Brazil reflects Iran’s strategic efforts to enhance international trade and cooperation, particularly through BRICS mechanisms.
Original Source: tvbrics.com