Viral Outbreak Impacts Trade With Neighbors
Iran’s trade with neighboring countries has been affected by the recent coronavirus outbreak.
“Trade with Afghanistan, Iraq, Azerbaijan and Russia (via Azerbaijan) is underway without restrictions, while Turkmenistan, Pakistan and Turkey have stopped the trading of goods with Iran via road,” Manouchehr Salmanzadeh, the director general of International Transit and Transport Office of Iran Road Maintenance and Transportation Organization, told Tasnim News Agency.
Referring to Iraq, Iran's biggest export destination, the official said the neighboring country has only imposed restrictions on passenger transport at the border crossings of Mehran and Khosravi, stressing that no restrictions have been imposed by the Iraqi side on exchange of goods.
“Impediments to trade flow at Mehran border are due to shortage of human resources on the Iraqi side of the border,” he said.
According to Salmanzadeh, Iran and Iraq have seven joint borders, five of which are currently open for commercial exchanges.
source: Financial Tribune
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
