Iran has experienced a 35 percent increase in agricultural exports, positioning it as a crucial growth sector. Non-oil export revenues have reached $48 billion, reflecting an 18 percent annual growth. Moreover, Iran’s economic ties with Brazil are strengthening, particularly through agreements on trade and cooperation within the BRICS framework.
Iran has reported a remarkable 35 percent increase in its agricultural exports, marking a significant milestone in its economic development. This growth positions the agricultural sector as the second fastest growing area of the economy, following the oil industry, thereby contributing notably to the nation’s overall economic progress.
Mohammad Ali Dehqan Dehnavi, the Deputy Minister of Industry, Mine and Trade, stated that the country’s revenue from non-oil exports has surged to $48 billion in the current Iranian year, which concludes on March 20, 2025. This figure reflects an 18 percent increase compared to the previous year, underscoring a robust performance in the export sector.
On the international front, Iran is enhancing its economic collaboration with Brazil. Recent discussions between the Deputy Governor of the Central Bank of Iran and Brazil’s Deputy Finance Minister resulted in an agreement to utilize national currencies for bilateral trade, establishing a foundation for further banking cooperation. Both officials highlighted the significant potential for advancing financial and trade relations within the BRICS framework.
In summary, Iran’s agricultural sector has achieved a notable 35 percent growth in exports, affirming its importance in the national economy. This is complemented by an overall increase in non-oil export revenues. Additionally, strengthened economic ties with Brazil illustrate Iran’s commitment to expanding its international partnerships, particularly under the BRICS umbrella, which aims to promote economic cooperation and financial collaboration.
Original Source: tvbrics.com
