Bilateral trade between Iran, Pakistan reaches $2bn

Hosseini affirmed Tehran's dedication to implementing several projects involving the construction of power transmission lines, and marketplaces on the shared border

Ukraine and UAE move forward with bilateral trade talks

Abu Dhabi has expressed interest in helping rebuild the war-torn European nation

Iran and Russia ready to drop US dollar in bilateral trade: Kremlin

President Ebrahim Raisi and Vladimir Putin have moved to increase cooperation in order to overcome unilateral US sanctions

Iran, Indonesia boost trade, look to promote ‘exchange in national currencies’

Lately, Iran and a number of countries have discussed shifting trade into local currency, coinciding with a global de-dollarization trend

Iran, India discuss shifting trade to national currencies

Dozens of nations around the world have started to ditch the US dollar for bilateral trade in fear of becoming targets of unilateral sanctions

Iran, Qatar trade volume expected to reach $3bn by 2025

The boost in volume of trade between Doha and Tehran includes re-exports, joint investments, transit, production, and imports

Putin, Sultan of Oman discuss bilateral cooperation

The phone call, the first between the two countries' leaders, comes amid a reshuffling of relations in West Asia at the expense of the US

Israel set to export food to Egypt as part of new trade agreement

This agreement was established as Egypt faces a decline in its national currency and food shortages

UAE, Turkiye ink agreement boosting trade to $40bn over five years

Ankara and Abu Dhabi have been mending ties over the past year with several trade and weapons deals

Iraqi central bank to drop dollar for yuan in trade with China

Iraq is the latest nation in the Global South to move away from the US dollar in bilateral trade with China

China, Saudi Arabia to establish free trade zone

The Chinese Foreign Minister stressed that both states should expand cooperation in the fields of economy, trade, infrastructure, energy, and technology

MbZ meets with Pakistani PM for bilateral talks

MbZ and the Pakistani PM expressed their desire to bolster joint cooperation in the fields of economy, trade, and development

Venezuela, Turkiye sign MoU on trade, investment, and economic development

The two countries also made new arrangements for commercial travel, increasing flights from Caracas to Ankara

Saudi Arabia open to dropping US dollar for international trade: Finance Minister

Economists have warned that the greenback is headed for a major crash due to a ballooning national debt and a budget deficit that surpasses $1 trillion

By the numbers: The de-dollarization of global trade

Data suggests that US dollar reserves in central banks are dwindling, as is the influence of the US on the world economy. This presents a unique opportunity for regional currencies and alternative payment systems to enter the vacuum.

Annual trade between Iran, Oman expected to reach $2bn

During a visit to Muscat, Iranian foreign minister Hossein Amir-Abdollahian delivered a letter from President Ebrahim Raisi that stressed the importance of advanced bilateral cooperation

Iran, Nicaragua sign strategic agreement to boost bilateral relations

The two countries signed a strategic plan to expand relations in the fields of the economy and trade

Turkiye, Algeria to increase trade by $10bn

1,400 Turkish companies have invested a net amount of $5 billion in Algeria this year

Chinese leader urges GCC nations to adopt yuan, Shanghai exchange for oil and gas trade

Xi Jinping called China and Gulf nations 'natural partners' and urged regional leaders to be partners in promoting unity, development, and security

Xi arrives in Saudi Arabia, signs bilateral agreement valued at $29.26 billion

Xi will attend three summits during his three day visit; one with the Saudi leadership, one with GCC leaders, and one with Arab leaders

UAE’s global trade increased by 19 percent in first 9 months of 2022

The country's foreign trade volume is expected to reach $599 billion by the end of the year

United Emirates and Turkey strengthen bilateral cooperation

The foreign ministers of both countries discussed mutual diplomatic relations and relevant issues such as the war in Ukraine and an emerging food crisis

Israel, Bahrain launch talks for free trade agreement

While trade between both countries lacks behind, Israel and Bahrain already signed deals related to defense and the military

Iran and Russia carry out first-time trade in national currencies: Official

The two nations also announced a gas swap deal that will be implemented 'soon'

India dumps US dollar for UAE dirham, Chinese yuan in Russian coal trade: Report

Russia became India's third-largest coal supplier after New Delhi began to move away from the US dollar in their bilateral trade

Iran Central Bank and Tehran Stock Exchange launch trade in Russian rubles

Earlier this week, Moscow expressed interest in dropping the US dollar for their bilateral trade with Iran

Israel sets to reopen trade office in Turkey to expand relations

Bilateral trade between Tel Aviv and Ankara rose to 30 percent last year, reaching $7.7 billion

Presidents of Iran, Russia discuss expansion of strategic bilateral ties

Among issues related to energy and bilateral ties, Russia and Iran also discussed progress on an alternative international banking system to allow trade between the two countries affected by western sanctions

India PM received by UAE president to discuss bilateral relations

New Delhi and Abu Dhabi vow to “deepen and diversify” their economic partnership

UAE national security adviser meets with Qatar emir to discuss bilateral relations

This visit is Sheikh Tahnoon’s second visit to Doha since Saudi Arabia and a coalition of Arab states severed ties with Qatar in 2017