Economic Relations

In recent years, Sudan and Iran have attempted to increase their commercial ties as part of their larger strategy of enhanced relations.

  • In 1997, it was reported that Iran had extended $180 million worth of aid to Sudan, chiefly in weapons and discounted oil. (The New York Times)
  • In September 2006, the Iranian press announced that Iran's major automaker Iran Khodro Industrial Group was planning to transfer the production line of its phased out automobile Paykan to Khartoum, aiming to produce 10,000 passenger cars in its first year with numbers climbing to 20,000 thereafter. (Mehr News Agency)
  • In 2007, Iran’s ambassador to Sudan, Reza Amiri, said he hoped business partnerships could help increase bilateral trade to $70 million per year, up from $43 million. (Sudan Tribune)
  • In January 2007, Iran and Sudan signed a memorandum of understanding to expand mutual defense cooperation through expert exchanges. (Sudan Tribune)
  • In February 2007, Iran announced it was prepared to offer Sudan assistance exploiting its oil resources. (Sudan Tribune)
  • In September 2010, Iran's second largest auto manufacturer, Saipa Automotive Manufacturing Group, signed a contract to open a factory in Sudan to produce some 35,000 cars over the next five years. (IRIB)
  • In October 2010, Iran's agiculture minister stated that Iran was launching an agro-industrial complex in Sudan. (PressTV)
  • In 2011, Iran’s Ministry of Foreign Trade said that commercial trade between Sudan and Iran reached about $60 million dollars in 2010. (Sudanese Media Center)
  • In September 2011, President Ahmadinejad visited Khartoum on a state visit aimed at building political and economic ties between the two states. (Al Jazeera)
  • In May 2012, Iranian official announced in a meeting with Sudanese counterparts that they were prepared to build a permanent trade center in Sudan to help facilitate increased trade between the two nations. (Tehran Times)
  • On September 30, 2012, during a meeting with the Deputy Speaker of Sudan’s National Assembly, Iran’s Majlis Speaker said that the two countries “should confront sanctions by expanding and bolstering bilateral relations in economic, commercial and industrial fields.” (PressTV)