April 26, 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

Hurricane Melissa leaves Caribbean in chaos

Hurricane Melissa leaves a trail of destruction across the Caribbean, claiming lives, wiping out homes, crippling infrastructure and triggering urgent global relief efforts amid rising humanitarian needs…reports Asian Lite News The Caribbean

Sharjah sets sail for London

At World Travel Market (WTM) London 2025, Sharjah is set to highlight both its deep-rooted cultural identity and forward-looking tourism strategy, demonstrating the emirate’s growing influence in global travel and destination marketing…reports

DP World to pump $5bn into India

DP World’s $5bn pledge strengthens India’s maritime future, powering green shipping, ship-repair capacity, talent growth and next-gen freight tech while deepening the nation’s global trade role…reports Asian Lite News DP World has

UAE mega-aid ship docks in Egypt

The shipment, one of the largest single consignments dispatched as part of the UAE’s air and sea bridge, includes essential food items…reports Asian Lite News A UAE humanitarian vessel carrying more than

Arab bloc hails UAE’s efforts in Gaza

Arab Parliament lauds UAE’s major aid efforts in Gaza and urges unified global backing for reconstruction, Palestinian statehood and a lasting peace grounded in the Two-State framework…reports Asian Lite News The Speaker
Go toTop

Don't Miss

Modi may hold meetings with Russia, Iran

The external affairs ministry, which announced PM Narendra Modi’s visit

Iran deported 43,000 illegal Afghan immigrants in past month

Some citizens who recently returned to the country asked the