INSUBCONTINENT EXCLUSIVE:
year (March 20, 2024-January 19, 2025), as compared to the same period of time in the past year, the spokesperson for the Trade Development
Committee of the House of Industry, Mining, and Trade announced.Ruhollah Latifi said that Iran exported non-oil commodities valued at
$192.611 million to Kuwait in the ten-month period.In last September, the head of the Iran-Kuwait Chamber of Commerce criticized the low
level of trade relations between the two neighbors, calling for an increase in trade exchanges between the two countries.Ebrahim Gholamzadeh
in Tehran at the time, Gholamzadeh invited Kuwaiti businessmen and investors to visit Iran to learn about the countless capacities and
previous Iranian calendar year (ended on March 19, 2024) at $198 million, adding that Kuwait also exported $12 million of goods to Iran in
the mentioned year.Food products, construction materials, and minerals were the top commodity items exported from Iran to Kuwait, while
to Kuwait Mohammad Toutounchi and Kuwaiti Minister of Commerce and Industry Omar Saud Al-Omar held talks and called for developing a roadmap
to broadening trade exchanges.During the meeting, Toutounchi emphasized that the current economic ties between the two countries are
one-sided and do not reflect their long-standing political and cultural relations.Meanwhile, Al-Omar expressed Kuwait's willingness to
enhance bilateral trade and economic cooperation with Iran, hoping that the joint trade committee would pave the way for greater trade
cooperation in the near future.MA
