Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Iran offered its corridors to export Russian grain


October, 12 2023
watermark Economic news

The deputy head of Iran's economic department for Economic Affairs, Seyed Ali Rouhani, said that Tehran intends to offer Russia to use the Iranian territory as a safe corridor for the export of Russian grain to third countries.


Rouhani noted that Iran is ready not only to buy Russian grain for its own needs, but also to open its doors to deliver this product to other countries. «The Russian side can count on Iran as a reliable and long-term partner,» Rouhani stressed.


At the same time, the deputy minister pointed out that Russia has not yet taken advantage of this opportunity. He noted that the situation in Ukraine and the subsequent anti-Russian sanctions of the West made the Iranian direction the preferred and safe route for the transportation of Russian grain. 


Despite this, the development process of this route is not going as fast as we would like. However, of course, this path is the path of long-term partnership and strategy, the Iranian official summed up.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.