EghtesadOnline: With $12.5 billion worth of trade, the UAE became Iran’s second largest trading partner after China during the 11 months to Feb. 18, says Farshid Farzanegan, chairman of Iran-UAE Chamber of Commerce.

EghtesadOnline: Iran’s commercial exchanges with its biggest trading partner China amounted to $23.02 billion in 2019 to register a decline of 34.3% compared to 2018.

EghtesadOnline: China has been Iran's biggest trading partner and its export destination–although that position went briefly to Iraq in the second half of 2018– and Tehran continues to seek stronger ties with its "traditional ally."