Political strategies

New UAE Foreign Trade Strategies to Strengthen Iran’s Role in the Region: Report

TEHRAN – The Research Center of the Chamber of Commerce, Industry, Mines and Agriculture of Iran (ICCIMA) said in a report that the new strategies of the United Arab Emirates to conclude free trade agreements with India and Turkey will further strengthen the mediation of the Islamic Republic. role in the region.

As one of Iran’s main trading partners in the region, the United Arab Emirates has always been a hot market for Iranian businessmen and traders and the expansion of this country’s economic relations with the Iran’s neighbors could also have a positive impact on Iranian trade with them, the ICCIMA portal reported.

Based on the mentioned report, the UAE has recently focused on concluding free trade agreements with a range of countries, including India, Britain, Turkey, South Korea, China, and China. Ethiopia, Indonesia and Kenya.

In addition, this country is a member of a wide range of trade-related international organizations and treaties, the most important of which are the World Trade Organization, the Persian Gulf Cooperation Council, the Free Trade Agreement GCC-EFTA and the Pan Arab Free Trade Agreement. Commercial zone.

Among the countries mentioned above, India and Turkey are important for Iran, because as for Turkey, the trade agreement with the United Arab Emirates has the potential to become an important economic, political and transit advantage. for Iran.

Given the existing tensions between Saudi Arabia and Turkey on the one hand and with Qatar on the other hand, with the formation of a free trade agreement between the United Arab Emirates and Turkey, Iran can play an important mediating role in linking all these countries together.

As for India, although the deal may undermine Chabahar Port’s position as a regional trading hub for the country, but considering the geopolitical situation of the mentioned port, it will always remain a regional trading hub for India vis-à-vis Russia and Central America. Asia.

EF/MA