May 15, 2019

‘No new limitations in Iran-Iraq trade ties’

TEHRAN- There is no new limitation in trade relations between Iran and Iraq and the two neighbors are strongly determined to strengthen and develop their trade cooperation, Iranian Commercial Attaché to Iraq Naser Behzad stressed.
May 15, 2019

‘Iraq, Afghanistan, Turkey proper markets for Iran’s copper during sanctions’

TEHRAN- Iraq, Afghanistan and Turkey are appropriate markets for Iran’s copper during the sanctions time, Kourosh Shabani, the vice chairman of National Iranian Copper Association, said in an interview conducted by the news portal of Iran Chamber of Co...
May 15, 2019

Iran, Czech Republic to explore ways of expanding economic ties

TEHRAN – Iran and Czech Republic are going to explore ways of expanding mutual trade, Shada reported. The decision was announced in the opening ceremony of Iran-Czech Republic Joint Economic Committee which was held in Tehran on Tuesday.
May 15, 2019

Iran, Turkmenistan to expand trade, transport ties

TEHRAN – Iran and Turkmenistan explored ways of expanding trade and transportation cooperation in a forum in Ashgabat, IRIB reported.
May 14, 2019

Iran’s budget reliance on oil revenues down 30%: Jahangiri

TEHRAN- Iran has reduced its budget reliance on oil incomes to 30 percent through efforts made during the recent years, Iranian First Vice President Es’haq Jahangiri underlined.
May 14, 2019

Iran’s minerals, mining industries export up 43% in a month on year

TEHRAN- The value of Iran’s minerals and mining industries exports has risen 43 percent during the first Iranian calendar month of Farvardin (March 21-April 20, 2019) from the figure of the same month in the past year, Mohammadreza Modoudi, the acting ...
May 14, 2019

Annual plan for tax income realized by 97%

TEHRAN- Iran managed to collect 1.09 quadrillion rials (about $25.952 billion) of tax revenues during the past Iranian calendar year of 1397 (ended on March 20, 2019), showing that the country’s annual tax income plan has come true by 97 percent, accor...
May 14, 2019

Monthly passenger car imports down 67% year on year

TEHRAN- Iran’s imports of passenger cars during the first Iranian calendar month of Farvardin (March 21-April 20, 2019) fell 67 percent compared to the same month of the previous year, Tasnim news agency reported citing the data released by the Islamic...
May 14, 2019

CBI admonishes EU for being all words on INSTEX

TEHRAN – The Governor of the Central Bank of Iran (CBI) criticized the European parties of the Iran nuclear deal for repeating ‘threadbare’ remarks over their promised trade mechanism for Iran (INSTEX) and failing in realizing their promises.
May 14, 2019

Tehran, Minsk discuss expansion of trade ties

TEHRAN - Masoud Khansari, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), and Belarusian Ambassador to Tehran Yury Lazarchik met on Monday to discuss potentials of the two counties for economic cooperation.
May 14, 2019

Pakistan to pay a heavy price if Iran takes legal action on IP: Pak min.

TEHRAN – Pakistani Foreign Minister Shah Mehmood Qureshi said on Tuesday that halting the multi-billion dollar Iran-Pakistan gas pipeline project is going to cost Pakistan a heavy penalty, IRNA reported.
May 14, 2019

U.S. unable to halt Iranian petchem exports: MP

TEHRAN - A member of Majlis energy committee said the U.S. cannot restrain Iran from exporting its petrochemicals to the global markets, Shana reported.
May 14, 2019

Gas exports to Iraq to reach 40mcm/d: NIGC

TEHRAN – The managing director of National Iranian Gas Company (NIGC) said gas exports to Baghdad and Basra is going to rise to 40 million cubic meters per day (mcm/d) in the months to come.
May 13, 2019

‘Thermal power plants account for 95% of Iran’s power generation’

TEHRAN – Thermal power plants are generating near 95 percent of Iran’s electricity, IRIB reported on Sunday, quoting a senior official with the country’s Thermal Power Plants Holding Company.
May 13, 2019

‘Renovating oil industry’s pipelines, telecommunication equipment necessary’

TEHRAN - The managing director of National Iranian Oil Refining and Distribution Company (NIORDC) has emphasized the need for renovation of the country’s oil pipelines and the industry’s telecommunication equipment, Shana reported.
May 13, 2019

56,000 agricultural wells equipped with smart electricity meters

TEHRAN – With 306,978 new agricultural wells being equipped with smart electricity meters, the number of such wells has reached 56,000 across the country, IRNA reported quoting an energy official.
May 13, 2019

CBI governor holds talks with representatives of private sector

TEHRAN – Central Bank of Iran (CBI) Governor Abdolnaser Hemmati held a meeting with the board of directors of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Sunday to discuss the government’s monetary policies regarding the pri...
May 13, 2019

Monthly coal concentrate output up 33% yr/yr

TEHRAN- Production of coal concentrate in Iran increased 33 percent during the first Iranian calendar month of Farvardin (March 21-April 20, 2019) compared to the output in the first month of the previous year, IRIB reported on Monday citing the data r...
May 13, 2019

Value of textile exports rises 6% in a year

TEHRAN- The value of Iran’s textile exports rose six percent during the past Iranian calendar year (ended on March 20, 2019), Afsaneh Mehrabi, director general of Textile and Clothing Industry Office at Ministry of Industry, Mining and Trade told IRNA ...
May 13, 2019

Iraq says no replacement for Iran’s electricity

TEHRAN – Iraqi electricity minister said there is no alternative for Iran’s electricity in terms of volume, price or speed of delivery, Mehr news agency reported.