Economy

Iran Defies ‘Economic Siege’ as Trade Routes Diversify

Despite intensified US sanctions, Iran’s foreign trade will not be strangled, a senior chamber official declared Wednesday. Mohammad Reza Farouqi, head of the ICCIMA’s Customs Committee, insisted that Tehran’s geographic depth and regional foothold make a total blockade “impossible.”

“Our neighbors need Iranian capacity as much as we need their markets,” Farouqi told IRNA, pointing to land, sea, and rail corridors that circumvent pressure. He added that domestic red tape is being slashed to ease logistics for traders.

Membership in the Eurasian Economic Union and the Shanghai Cooperation Organization, he argued, already offers alternative lanes for exports and imports. Meanwhile, bilateral monetary pacts—bypassing dollar-dominated systems—are gaining traction to secure liquidity and boost non-oil sales.

“Even under maximum pressure, exchange flows will not freeze,” Farouqi said. “We are pursuing multiple routes, financial accords, and internal reforms simultaneously.” The remarks signal a calculated push to project resilience, as authorities seek to reassure business circles rattled by renewed US threats. While challenges persist, officials frame Iran’s connectivity as a strategic asset—one they believe will outlast any siege.