Private sector missing link in expanding Iran-Russia trade
There are growing concerns that Donald Trump’s renewed maximum pressure policy could scare some countries away from trading with Iran. The Islamic Republic and its partners, particularly Russia, need to step up their efforts in response. Currently, Iran conducts trade with 178 countries, but 80% of its trade relies on just ten nations, including China and Russia, limiting diversity and increasing vulnerability to sanctions. The revival of maximum pressure might reduce this number even further, posing a major challenge to Iran’s foreign trade landscape. As Iran navigates these turbulent waters, bolstering its trade ties and diversifying its partners will be crucial to weathering the storm of renewed sanctions and maintaining economic stability.
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