Iran eyes 1-bln-USD annual trade volume with Saudi Arabia: finance minister


TEHRAN, April 11 (Xinhua) -- The Iranian minister of economic affairs and finance said Tuesday that Tehran aims to raise annual trade volume with Riyadh to 1 billion U.S. dollars in the first step of resuming economic ties.

Speaking at a press conference in Tehran, Ehsan Khandouzi said the target was set by the Trade Promotion Organization (TPO) of Iran and is based on the two countries' capacities, Iran's IRIB news agency reported.

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