Iran has achieved a 35% rise in agricultural exports, marking it as a key growth sector. Non-oil exports have reached $48 billion, reflecting an 18% increase. Iran is also strengthening ties with Brazil, focusing on trade in national currencies and enhanced banking cooperation, particularly within BRICS.
The Islamic Republic of Iran has reported a notable growth in its agricultural exports, with a 35 percent increase announced by the Minister of Agriculture, underscoring the sector’s position as the second fastest-growing in the economy, second only to the oil industry. This growth is pivotal in bolstering Iran’s economic development.
According to Mohammad Ali Dehqan Dehnavi, the Deputy Minister of Industry, Mine and Trade, Iran’s revenues from non-oil exports have reached an impressive US$48 billion for the current Iranian year, concluding on March 20, 2025. This figure reflects an 18 percent increase compared to the previous year’s revenue, highlighting the country’s economic expansion.
Furthermore, Iran is actively enhancing its economic relations with Brazil. As reported by Pars Today, a collaborating agency with TV BRICS, the Deputy Governor of the Central Bank of Iran recently finalized an agreement with Brazil’s Deputy Finance Minister. This agreement focuses on strengthening trade relations through the use of national currencies and enhancing banking cooperation, recognizing the substantial potential for trade and financial collaboration, particularly within BRICS frameworks.
In summary, Iran’s agricultural sector is experiencing robust growth, reflected in a 35 percent increase in exports. The non-oil export revenues are also on the rise, indicating a broader economic expansion. Additionally, Iran is fostering stronger financial ties with Brazil, which may enhance trade and cooperation under the BRICS alliance, suggesting a strategic approach to diversifying its economic partnerships.
Original Source: tvbrics.com
