Iran and Russia will explore ways to expand trade between the two countries in the field of “Halal” products.
In recent years, various institutions and associations in Russia have tried to promote trade in this sector by focusing on the production, export, and import of halal products.
Experts believe that those companies that intend to enter this market need to gain systematic knowledge of the current conditions of this market.
Iranian officials believe that trade in this area requires a strong alliance between Islamic countries, and in this regard, taking advantage of regional potentials between countries is of particular importance.
Published statistics show that the trade-in halal food products in 2019 increased by 3% to more than $ 1.16 trillion.
According to estimates, by 2025, Muslims will make up more than 20 percent of the world’s population, and more than 20 percent of the world’s food trade will be halal products.