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Iran's Khorasan Razavi Province to increase trade with Turkmenistan

Business Materials 8 May 2021 15:18 (UTC +04:00)
Iran's Khorasan Razavi Province to increase trade with Turkmenistan

TEHRAN, Iran, May.8

Trend:

Iran's Khorasan Razavi Province can export and supply commodities that are needed by the Turkmenistan market, said the head of Iran-Turkmenistan Joint Chamber of Commerce.

Khorasan Razavi Province has capacities in the industry, medicine, and other fields including commerce, new technologies therefore with proper management, the province could have fruitful results in trade with Turkmenistan, Majid Mohammadnejad told Trend in an interview.

"Khorasan Razavi province could supply more than 50 percent of Turkmenistan needs in the market, and this indicates the important role of the province," he noted.

Mohammadnejad went on to add that the province potential products for export to Turkmenistan are totally different considering the various timelines since market needs are changing over time but if the results are considered for previous years, export of rebar, stone, cement, fruit, and vegetables, food items, milk and dairy products, livestock, and animal feed were flourishing.

"The province is neighbor with Turkmenistan and there is a 445 kilometers distance between Mashhad and Ashgabat in the Silk Road, alongside a connection to Eurasian Economic Union and open waters that indicate the geopolitical role of the province in Iran's foreign trade, industries, transportation, and transit," he added.

"Most importantly using the railway and border roads with Afghanistan and Turkmenistan, Khorasan Razavi Province could turn into an export center in Iran," Mohammadnejad stressed.

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