Close Menu
  • Demos
  • Buy Now
  • Breaking news

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

FRED KABANDA TAKES OVER PETROLEUM AUTHORITY AS NEW DIRECTOR   

September 10, 2026

INVESTMENT TALKS OPEN IN SEOUL

September 10, 2026

MUSEVENI ALLOCATES LAND FOR ANKOLE INDUSTRIAL PARKS

September 9, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
Elix News
Subscribe Login
  • Home
  • Politics

    MUSEVENI ALLOCATES LAND FOR ANKOLE INDUSTRIAL PARKS

    September 9, 2026

    5.4MILLION NATIONAL ID CARDS UNCOLLECTED, NIRA

    September 8, 2026

    MUSEVENI SENDS CONDOLENCE MESSAGE TO TANZANIA PRESIDENT

    September 8, 2026

    NAMYALO CALLS FOR SPIRITUAL REVIVAL TO HONOUR FALLEN NRA WARRIORS AS MUSEVENI CLOCKS 82

    September 8, 2026

    KAMPALA MP  MINSA KABANDA TAKES CENTRAL ROLE IN MK PRESIDENTIAL MOBILIZATION DRIVE

    September 8, 2026
  • Business

    FRED KABANDA TAKES OVER PETROLEUM AUTHORITY AS NEW DIRECTOR   

    September 10, 2026

    UNBS,IEC COLLABORATE TO STRENGTHEN SAFETY OF ELECTRICAL PRODUCTS

    September 7, 2026

    UGANDANS IN KOREA ASKED TO MOBILIZE CAPITAL AND DRIVE UGANDA’S $500BILLION ECONOMY

    September 6, 2026

    PEARL BANK HITS 1TRILLION MARK

    September 4, 2026

    ROKE,PARATUS TO DRIVE STAR LINK INTERNET SERVICES IN UGANDA MARKET

    September 4, 2026
  • Education

    TAYEBWA COMMENDS PROF JOY KWESIGA FOR TRANSFORMING KABALE UNIVERSITY

    September 5, 2026

    MUSEVENI CREATES THREE INDUSTRIAL HUBS TO BOOST YOUTH VOCATIONAL SKILLS

    August 25, 2026

    AIRTEL AFRICA TO CONNECT 5,000 SCHOOLS TO FREE INTERNET BY 2027

    August 22, 2026

    KCB BANK INVESTS IN FINANCIAL LITERACY AND SUSTAINABILITY INITIATIVE

    August 21, 2026

    PLEASE JOIN ENTREPRENEURSHIP TO SOLVE AFRICA PROBLEMS

    August 21, 2026
  • Environmental

    FOR LOVE, CARE AND GENEROSITY, SUDHIR ADOPTS CHIMPANZEE AND RHINOS

    September 1, 2026

    FORT PORTAL RESIDENTS TO PLANT ONE MILLION TREES TO HONOUR KING OYO CONSERVATION LEGACY

    September 1, 2026

    NWSC SEEKS FOR 650 BILLION TO INCREASE WATER SUPPLY IN 50 TOWNS

    September 1, 2026

    GOVERNMENT TO DISTRIBUTE FREE FERTILIZER TO FARMERS

    August 31, 2026

    CENTENARY BANK AND CATHOLIC CLERGY LAUNCH CENTE GREEN PROGRAMME

    August 31, 2026
  • Regional

    UNBS CHAMPIONS NATIONAL HALAL CERTIFICATION ECOSYSTEM TO SUPPORT UGANDA’S US$500 BILLION ECONOMIC AMBITION

    September 9, 2026

    UGANDA, KENYA MOVE TO HARMONIZE TRADE AND INDUSTRIAL POLICIES

    September 8, 2026

    VITOL TO MARKET UGANDA’S PEARL SWEET OIL

    September 7, 2026

    UGANDA,NIGERIA TO DEEPEN ECONOMIC TIES

    September 7, 2026

    EQUITY GROUP HITS 55% PROFITS IN HALF YEAR

    August 22, 2026
  • Entertainment

    MILFAT MUCUREEZI,PROSPER MAKAY CROWNED MISS AND MR TOURISM

    September 7, 2026

    JOSHUA BARAKA SCOOPS JOHN WALKER BRAND AMBASSADOR DEAL

    August 31, 2026

    KCB BANK PARTNERS WITH MUSICIAN IRENE NAMATOVU TO CHAMPION WOMEN EMPOWERMENT IN THE CREATIVE INDUSTRY

    August 24, 2026

    UGANDA FILM FESTIVAL RESUMES TRAINING SESSIONS

    August 21, 2026

    MISS UNIVERSE UGANDA SET FOR GLOBAL TOUR

    August 20, 2026
  • Health

    DEI BIO PHARMA ON BOARDED ON AFRICAN POOLED PROCUREMENT MECHANISM

    September 7, 2026

    UGANDA AND THE UNITED STATES SIGN STRATEGIC OBJECTIVE AGREEMENT

    September 3, 2026

    CENTENARY BANK STRENGTHENS CANCER FIGHT COMMITMENT AS THOUSANDS RUN FOR THE CAUSE

    September 2, 2026

    THOUSANDS ATTEND ROTARY CANCER RUN TO RAISE 5BILLION FOR CANCER CENTRE

    September 1, 2026

    UBOS CONDUCTS STAFF RETREAT TO STRENGTHEN TEAMWORK AND SHARED PURPOSE

    August 31, 2026
Elix News
  • Home
  • Politics
  • Business
  • Education
  • Environmental
  • Regional
  • Entertainment
  • Health
Home»Breaking news»IRAN ASKS FOR DIRECT TRADE WITH UGANDA
Breaking news

IRAN ASKS FOR DIRECT TRADE WITH UGANDA

felix@elixnews.co.ugBy felix@elixnews.co.ugOctober 17, 2025Updated:March 24, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

Iran’s Minister of Foreign Affairs, Seyed Abbas Araghchiahs  has emphasized the long-standing ties between Iran and Uganda, noting that external sanctions should not obstruct meaningful collaboration.

“Our nations have enjoyed a long history of friendship and collaboration. International sanctions should never become a barrier to our shared aspirations for development and prosperity,” Araghchi stated.

Abbas met with his Ugandan counterpart, Jeje Odongo during the Non-Aligned Movement (NAM) Ministerial Meeting in Kampala, where the two countries pledged to deepen bilateral trade and diplomatic cooperation.

The high-level meeting, held on the sidelines of the 2025 NAM Ministerial sessions, focused on enhancing economic relations, with both ministers reaffirming their commitment to advancing the interests of the Global South.

Araghchi began by commending the Ugandan government for its warm hospitality and successful organization of the conference.

“I would like to commend the Government of Uganda for hosting such a productive and well-organized meeting. The hospitality extended to our delegation has been exceptional,” he said.

In a bold economic proposal, Araghchi suggested the establishment of a direct trade framework between Iran and Uganda valued at shs 114 trillion (USD 30 billion). The move, he said, would eliminate third-party intermediaries and ensure greater economic independence.

“In order to strengthen our economic ties, Iran proposes direct trade of goods valued at shs 114 trillion. This will not only boost trade volumes but also promote greater independence and resilience in our economic relations,” he said.

Foreign Minister Odongo welcomed the proposal, describing it as a strong step toward deeper bilateral engagement in key sectors such as agriculture, energy, manufacturing, and technology.

“Uganda values its relationship with Iran and recognizes the importance of building sustainable partnerships. We are committed to exploring every opportunity that will benefit both our peoples,” Odongo said.

The two ministers agreed to build on the outcomes of earlier bilateral engagements, instructing their respective ministries to identify priority sectors and design mechanisms for effective cooperation.

They also highlighted the relevance of the Non-Aligned Movement as a platform for promoting the interests of developing countries and strengthening South–South cooperation.

“The NAM framework provides us with a unique opportunity to collaborate more closely as members of the Global South. Together, we can amplify our voice on the international stage and drive progress that benefits all,” Araghchi said.

The meeting concluded with a mutual reaffirmation of the commitment by both nations to deepen their partnership through shared values, mutual respect, and sustainable development.

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticlePOST BANK PETER SSENYANGE SCOOPS OVERALL CFO AWARD OF THE YEAR
Next Article GENDER MINISTER APPLAUDS HARISS INTERNATIONAL FOR DRIVING  JOB CREATION
felix@elixnews.co.ug

Related Posts

FRED KABANDA TAKES OVER PETROLEUM AUTHORITY AS NEW DIRECTOR   

September 10, 2026

INVESTMENT TALKS OPEN IN SEOUL

September 10, 2026

GOVERNMENT TO WRITE OFF SHS35 BILLION TEA FACTORY TAX ARREARS

September 9, 2026

UGANDA SIGNS COFFEE EXPORT DEAL WITH SOUTH KOREAN FIRM

September 7, 2026
Leave A Reply Cancel Reply

Our Picks

ECOTRUST GIVES 14 MODEL FARMERS RUMINANT GOATS TO BOOST INCOME

June 14, 2026

GOVERNMENT ALLOCATES 5TRILLION TO HEALTH SECTOR

June 12, 2026

MILLY BABALANDA NOMINATED FOR BUDIOPE MP SEAT, PLEDGES TO TACKLE HEALTH CARE SERVICES

October 22, 2025

UGANDA,NIGERIA TO DEEPEN ECONOMIC TIES

September 7, 2026
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Business

FRED KABANDA TAKES OVER PETROLEUM AUTHORITY AS NEW DIRECTOR   

By felix@elixnews.co.ugSeptember 10, 20260

Fred Kabanda a seasoned petroleum sector professional with more than thirty (30) years of experience…

INVESTMENT TALKS OPEN IN SEOUL

September 10, 2026

MUSEVENI ALLOCATES LAND FOR ANKOLE INDUSTRIAL PARKS

September 9, 2026

GOVERNMENT TO WRITE OFF SHS35 BILLION TEA FACTORY TAX ARREARS

September 9, 2026
About Us
About Us

Elix News is your source for trusted news, anytime. Browse topics from Entertainment to Politics to Sports, we cover it all!

Our Picks

FRED KABANDA TAKES OVER PETROLEUM AUTHORITY AS NEW DIRECTOR   

September 10, 2026

INVESTMENT TALKS OPEN IN SEOUL

September 10, 2026

MUSEVENI ALLOCATES LAND FOR ANKOLE INDUSTRIAL PARKS

September 9, 2026
Facebook X (Twitter) Instagram Pinterest
  • Home
  • Breaking news
  • Featured
  • Business
  • Entertainment
© 2026 Elix News. Designed by Goph Technologies.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.
I have disabled my ad blocker

Sign In or Register

Welcome Back!

Login to your account below.

Google Icon
GitHub Icon
LinkedIn Icon
X Icon
Lost password?