Iran Reports 35 Percent Surge in Agricultural Exports, Strengthens…

Iran has reported a 35 percent increase in agricultural exports, making it the second fastest growing sector after oil. Non-oil export revenues reached USD 48 billion, a growth of 18 percent year-on-year. Additionally, Iran is strengthening ties with Brazil, focusing on national currencies and banking cooperation for more efficient trade.

Iran is exhibiting significant growth across various economic sectors, particularly in agriculture. The nation’s Minister of Agriculture reported an impressive 35 percent increase in agricultural exports, marking this sector as the second fastest growing after oil, and highlighting its substantial contribution to Iran’s overall economic development.

In terms of broader economic performance, Mohammad Ali Dehqan Dehnavi, the Deputy Minister of Industry, Mine and Trade, announced that Iran’s non-oil export revenues have reached USD 48 billion for the current Iranian year ending on March 20, 2025. This represents an 18 percent increase compared to the previous year’s figures.

Internationally, Iran is bolstering its economic relations with Brazil. According to Pars Today, there has been a significant agreement between the Deputy Governor of the Central Bank of Iran and Brazil’s Deputy Finance Minister focused on using national currencies for bilateral trade and enhancing their banking cooperation. Both sides acknowledged the potential for further financial and trade collaboration within the BRICS framework.

In summary, Iran’s agricultural sector is experiencing substantial growth, with a 35 percent increase in exports that contribute significantly to the economy. Furthermore, the nation is enhancing international trade relations, particularly with Brazil, showcasing its strategic economic initiatives. This dual focus on agricultural advancement and international partnerships signifies Iran’s commitment to improving its economic stability and growth.

Original Source: tvbrics.com