(MENAFN) Iran has faced recently and is still facing a severe severance in diplomatic ties with many Arab nations following the attack on the Saudi embassy, thus reflected substantially on the business ties.
Iran plans to transit and export foodstuff and agro products to Russia instead; hence considering it as a consumer and a bridge between Iran and European countries, it can replace Turkey and Arab states for export of our food product.
Moreover, the Islamic republic has stressed on the fact that the Arab states acted mainly as a broker for export of Iran's food products, so cutting the ties will basically inflict heavy losses on Arab trading companies.
In fact Iran hasn't wasted any precious time as Iranian delegation had already reached a preliminary agreement with a Moscow-based wholesale top firm on the supply of Iranian fruits and vegetables to Russia.
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