Today: 3 June 2025
26 April 2023
1 min read

Iran, Saudi Arabia resume trade as ties thaw

Iran and Saudi Arabia reached a deal in March to resume diplomatic relations and reopen embassies and missions in the two countries within two months….reports Asian Lite News

An Iranian official announced that trade between Tehran and Saudi Arabia has resumed as the two Arab countries stepped up efforts to normalise ties following a China-brokered deal in March.

Trade Minister Reza Fatemi-Amin made the remarks to mediapersons on Tuesday when asked to comment on the agreement reached between Tehran and Riyadh to normalise bilateral relations in March, Xinhua news agency reported.

On Sunday, Iran’s Roads and Urban Development Minister Mehrdad Bazrpash announced that the country has received a proposal from Saudi Arabia to launch three regular flights between the two countries per week, in addition to the Haj flights.

Iran and Saudi Arabia reached a deal in March to resume diplomatic relations and reopen embassies and missions in the two countries within two months.

iran and saudi arabia flag.



In a meeting held in Beijing on April 6, Iranian Foreign Minister Hossein Amir-Abdollahian and his Saudi counterpart Prince Faisal bin Farhan Al Saud signed a joint statement, announcing the resumption of diplomatic relations with immediate effect.

Riyadh cut diplomatic ties with Iran in 2016 in response to the attacks on Saudi diplomatic missions in Tehran after the kingdom executed a Shia cleric.

Meanwhile, United States is not thrilled about the Chinese-brokered deal between Saudi Arabia and Iran. Washington sees its general plans for the Middle East as failing. A State Department spokesman, commenting on the Riyadh- Tehran accord, said: “If this dialogue leads to concrete action by Iran to curb its destabilizing activities in the region, including the proliferation of dangerous weapons, then of course, we would welcome that.”

Furthermore, the US is not happy about China’s growing influence in the Middle East, while Washington’s influence diminishes. It realizes that it is now unlikely to achieve a rapprochement between Saudi Arabia and Israel, while Iran forges ahead with enriching uranium to nuclear weapons grade, and instead of facing increased international isolation, it is improving its relations with a formerly implacable rival.

ALSO READ: UAE aids multiple nationalities in Sudan evacuation

Previous Story

UAE urges UNSC to peacefully resolve conflicts

Next Story

Danube Unveils Fashionz

Latest from -Top News

India Signals FTA with Oman

The talks for the free trade pact with Oman started in November 2023, and Goyal visited the Gulf country from January 27 to January 28….reports Asian Lite News Commerce and Industry Minister

Syria Strikes $7b Deal

The agreements, signed in the presence of Syrian leader Ahmed al-Sharaa, mark a total investment of 7 billion U.S. dollars…reports Asian Lite News – Syria signed a series of memoranda of understanding

More Killings in Palestine

Israeli occupation forces opened fire directly at hundreds of civilians as they attempted to reach an aid distribution centre in the al-Mawasi area of western Rafah At least 31 Palestinians were killed

Hamas Open to Fresh Talks

The movement said that it is ready to “immediately begin a round of indirect negotiations” to address the outstanding issues…reports Asian Lite News Hamas affirmed its readiness to begin indirect negotiations over

UAE aid for Gaza in global focus

Titled Hope Remains, the documentary brings to light the UAE’s leading role in providing vital aid and support to the people of Gaza. The International Humanitarian and Philanthropic Council has released a
Go toTop

Don't Miss

Abdullah, Iranian FM discuss regional issues

They also exchanged views on a number of regional and

Iran-backed hackers exploiting Microsoft, Fortinet bugs

The group has highlighted the ongoing malicious cyber activity by