December 6, 2019

Iran, Kyrgyzstan confer on boosting trade up to 10 folds

TEHRAN – Iranian industry, mining, and trade minister said Iran and Kyrgyzstan have agreed to boost their trade turnover to $500 million, ten times more than the current level, in short term.
December 6, 2019

RCUWM-Tehran to increase Iran’s role in region’s water projects

TEHRAN – Iranian Energy Minister Reza Ardakanian said the UNESCO Regional Centre on Urban Water Management (RCUWM-Tehran) has offered new solutions for increasing the role of regional companies, including Iranian firms, in water and energy projects.
December 6, 2019

Tehran, Baku stress expansion of banking ties

TEHRAN - Iran's Finance and Economic Affairs Minister Farhad Dejpasand said on Thursday that Iran and Azerbaijan should take necessary measures to expand their economic ties, especially in the banking sector, IRNA reported.
December 6, 2019

Iran to cooperate in renovating Syria’s water, wastewater networks

TEHRAN – Iran, and Syria signed a memorandum of understanding (MOU) on Thursday for cooperation in renovating Syria’s water and wastewater networks, IRNA reported.
December 6, 2019

No limitations on Iran’s oil output acceptable: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said Iran would not accept any limitations on its oil output and will produce at its full capacity when the U.S. sanctions are removed, Shana reported.
December 4, 2019

Indigenizing modern technology in steel sector nullifies sanctions

While the U.S. unilateral sanctions on Iran in recent years have upset the Iranian industry in some sectors, the statistics indicate that the minerals sector has not been affected by the sanctions, while it’s been also improved.
December 4, 2019

Iran, Kyrgyzstan open new chapter in economic relations

TEHRAN – Iran’s capital hosted the 12th Iran-Kyrgyzstan Joint Economic Committee meeting on December 3-4, during which the two sides discussed numerous issues regarding expansion of trade ties.
December 4, 2019

Oil ministry to hold innovation event in mid-Dec.

TEHRAN – Iranian Oil Ministry plans to hold the country’s first innovation event in the oil industry, in mid-December, Shana reported.
December 4, 2019

‘Iran fully self-sufficient in building gas power plants, able to export its technology’

TEHRAN – Managing Director of Iranian Electrical Power Equipment Manufacturing and Provision Company (known as SATKAB) says the country is fully able to produce and export all equipment and services needed for construction of gas power plants.
December 4, 2019

Agreement to promote bilateral trade inked between Iran, Belarus

TEHRAN - Iran, and Belarus signed an agreement on Wednesday for promoting mutual trade, IRIB reported, quoting the spokesman of the Islamic Republic of Iran Customs Administration as saying.
December 4, 2019

Govt. to provide $14b for importers of basic goods next year

TEHRAN - Iran’s deputy finance and economic affairs minister says the government has provisioned $14 billion of official-rate foreign currency in the next Iranian calendar year (March 2020-March 2021)’s budget bill for imports of basic goods, Mehr news...
December 4, 2019

Monthly non-oil exports from PSEEZ rise despite sanctions

TEHRAN – The value of non-oil exports from Pars Special Economic Energy Zone (PSEEZ) in Iran’s southwestern port city of Assaluyeh increased 39 percent in terms of weight and five percent in terms of value, in the Iranian calendar month of Aban (Octobe...
December 3, 2019

Iran, Senegal explore avenues of economic co-op

TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted an Iran-Senegal business forum on Tuesday, in which the two sides discussed expansion of mutual trade ties.
December 3, 2019

Forex rate not to be changed significantly in next year’s budget

TEHRAN- Iranian Finance and Economic Affairs Minister Farhad Dejpasand said that the forex rate in the budget for the next Iranian calendar year (begins on March 20, 2020) is not to be changed significantly from the rate envisaged in the current year’s...
December 3, 2019

Monthly loading, unloading of oil products at Iranian ports up 28% yr/yr

TEHRAN- Some 3,705 tons of oil products were loaded and unloaded at ports of Iran during the eighth Iranian calendar month of Aban (October 23-November 21), registering 28.4 percent rise compared to the same month in the preceding year.
December 3, 2019

EAEU exclusive expo to be held in Tehran

TEHRAN - Managing Director of Iran International Exhibitions Company Bahman Hosseinzadeh announced that the first international exhibition of Eurasian Economic Union (EAEU) member states is planned to be held in Tehran.
December 3, 2019

Iranian capital to host 1st exclusive exhibit of EAEU states’ products

TEHRAN - Managing Director of Iran International Exhibitions Company Bahman Hosseinzadeh announced that the first international exhibition of Eurasian Economic Union (EAEU) member states is planned to be held in Tehran.
December 3, 2019

RCUWM governing board to gather in Tehran on Thursday

TEHRAN – The 10th meeting of the UNESCO Regional Centre on Urban Water Management (RCUWM)’s governing board is slated to be held in Tehran on Thursday, during which urban water issues and expansion of cooperation between the region’s countries will be ...
December 3, 2019

Tehran to host Iran-Oman Joint Economic Committee meeting on Dec. 7

TEHRAN – The 18th Iran-Oman Joint Economic Committee meeting is slated to be held in Tehran on December 7, Portal of Iran Trade Promotion Organization (TPO) reported.
December 3, 2019

Iran to launch new shipping line to Eastern Mediterranean

TEHRAN – Iran plans to launch a direct shipping route to carry its goods to the Eastern Mediterranean, IRNA reported on Monday, quoting an official with Islamic Republic of Iran Shipping Lines (IRISL), as saying.