News & Reports News June2020 80% of Iran’s Commercial Border Checkpoints Reopen

80% of Iran’s Commercial Border Checkpoints Reopen

80% of Iran’s Commercial Border Checkpoints Reopen

The Ministry of Industries, Mining and Trade estimates that non-oil exports will earn $41 billion in the current Iranian year (March 2020-21)

Almost all Iranian land borders were closed after the outbreak of coronavirus, but about 80% of which have now opened after more than four months of shutdown, according to the caretaker of the Ministry of Industries, Mining and Trade.

“Trade is almost back to normal. We experienced a downfall in trade during the first few months of the current Iranian year [started March 20] because of the complications caused by the spread of Covid-19 in domestic and international trade. However, now we are back on track and making up for the past four months,” Hossein Modarres Khiyabani was also quoted as saying by ILNA.

The official noted that Iran plans to export $41 billion worth of non-oil goods in the current Iranian year (March 2020-21).

A total of $41.3 billion worth of non-oil goods were exported from Iran in the fiscal 2019-20.

Last Updated (Sunday, 28 June 2020 09:26)