On Saturday Iran marked the National Exports Day while official reports indicate that over the first half of the current fiscal year (March-September), exports declined and imports surged.

Iran’s intelligence forces seized a cargo of illegal weapons and ammunition in eastern regions of the country, Islamic Republic’s Intelligence Ministry announced Oct. 22. ‎

Iran exported $6,047 million worth of services during the first half of the current fiscal year (March 20-Sept. 22), according to a report released by the country’s Trade Promotion Organization (TPO) on October 18.

“The trade between Iran and Azerbaijan made up $400 million over the past eight months,” Iranian ambassador to Azerbaijan Javad Jahangirzadeh has told AZERTAC.

President of Turkmenistan Gurbanguly Berdimuhamedov instructed to keep under continuous monitoring the progress of reconstruction and modernization of the Bektas seaport in the Caspian city of Garabogaz, the Neutral Turkmenistan newspaper reported on October 20.

Senior Iranian and Russian diplomats have agreed to broaden cooperation in fight against terrorism.

Turkey and Iran will use national currencies in trade in order to further improve mutual turnover between the two countries.

It seems it was not enough that the feasibility of Iran producing and exporting liquefied natural gas (LNG) to Europe had been diminished by technological factors and market situations, US President Donald Trump’s newly adopted Iran strategy shows to be able to further taper chances of a gas business between Iran and European countries, an energy and political risk expert says.

The Iranian government is developing an indigenous farming and cultivation model that will suit the country’s climate and resources, with the aim to save on water.

President of the Republic of Azerbaijan Ilham Aliyev met with First Vice-President of the Islamic Republic of Iran Eshaq Jahangiri in Istanbul on October 19.