22.1 C
Delhi
Saturday, January 17, 2026

Iran ready to resume economic ties with Middle East Arab countries – Economy Minister

Date:

Share post:

Tehran: Iran is ready to resume economic relations with all Arab countries in the Middle East region, following the recent agreement on the restoration of diplomatic relations with Saudi Arabia, Iranian Economy Minister Ehsan Khandozi told Sputnik.

“Based on the neighborhood policy, our government is fully prepared to resume economic relations with all countries of the region [Middle East] and regards enhancing good neighborly relations with them as a factor in strengthening the region itself. Countries like Saudi Arabia will have an opportunity for economic cooperation with Iran,” Khandozi said.

On March 10, Iran and Saudi Arabia signed an agreement mediated by China to resume relations, as well as open embassies and representative offices within two months. The joint statement was signed after days of talks between the head of Iran’s Supreme National Security Council and his Saudi counterpart in Beijing. The foreign ministers of the two countries intend to meet to discuss the implementation of the agreement.

Diplomatic relations between Tehran and Riyadh were severed in 2016 after an attack on Saudi diplomatic missions in Iran by protesters against the kingdom’s execution of prominent Shiite theologian Nimr al-Nimr, but in recent months both sides have expressed a desire to resolve existing differences. In an interview with The Atlantic, released in September, Saudi Crown Prince Mohammed bin Salman said that his country’s relations with Iran should be built as with a neighbor.

Related articles

Chabahar: Why India Has Not Exited – But Has Quietly Stepped Back

Chabahar: Why India Has Not Exited - But Has Quietly Stepped Back- Col Mayank Chaubey (Retd)For weeks now,...

A Corporate-Style Drug Cartel, Digital Money Trails and Goa at the Centre of It All

This was not a raid driven by optics. It was a data-driven, evidence-backed strike on a pan-India narcotics...

Thalapathy Vijay: Not a Contender Yet, But A Definite Game Changer

Tamil Nadu politics has never been about surprise candidates; it has always been about delayed realisation. The state...

Pride of the Nation and the Daughter of Jammu & Kashmir Rouble Nagi Among Global Teacher Prize 2026 Top 10 Finalists

Jammu & Kashmir takes immense pride as Rouble Nagi, a true daughter of the soil, has been selected...