May 13, 2019

Iran, Pakistan to hold talks over IP gas pipeline by early June

TEHRAN – A high-ranking Iranian delegation is due to visit Islamabad in near future to discuss the stalled Iran-Pakistan gas pipeline project (known as IP), Mehr news agency reported on Monday, citing Pakistani daily Express Tribune.
May 12, 2019

‘Annual wheat production expected to exceed 11m tons by Mar. 2020’

TEHRAN - The managing director of Government Trading Corporation of Iran (GTC) announced on Sunday that the country’s wheat production is expected to exceed 11 million tons in the current Iranian calendar year (ends on March 19, 2020) and there would b...
May 12, 2019

‘Domestic manufacturing of auto parts should be seriously followed up’

TEHRAN- The policy of domestic manufacturing of auto parts should be seriously followed up, Iranian Industry, Mining and Trade Minister Reza Rahmani said on Sunday.
May 12, 2019

Exports from Aras FTZ stands at $251m in a year

TEHRAN- The value of exports from Aras Free Trade Zone in Iran’s East Azarbaijan Province stood at $251 million in the past Iranian calendar year (ended on March 20, 2019), IRNA quoted the managing director of Aras Free Trade Zone Organization as sayin...
May 12, 2019

IOOC voices support for domestic production

TEHRAN – The managing director of Iranian Offshore Oil Company (IOOC) has voiced his company’s readiness for establishing joint ventures with private manufacturers, Shana reported on Saturday.
May 12, 2019

‘Aluminum exports to neighbors not to be stopped’

TEHRAN- Iran will not stop export of aluminum to its neighboring countries, the secretary general of Aluminum Industries Syndicate of Iran said in an interview conducted by the news portal of Iran Chamber of Commerce, Industries, Mines and Agriculture ...
May 12, 2019

‘Iran not concerned about U.S. sanctions on metals industry’

TEHRAN- Iran is not much concerned about the United States’ recent sanctions on the country’s metal exports, as Iranian steel, copper and aluminum have already their own customers, according to Iran’s deputy minister of industry, mining and trade.
May 12, 2019

Oil production in Iran’s flood-stricken regions back to normal

TEHRAN – Oil fields in flood-stricken regions of Khuzestan Province in southwestern Iran are once again operational and the production is back to normal, IRNA reported on Sunday.
May 12, 2019

PGPIC petchem exports not affected by U.S. sanctions: director

TEHRAN – The managing director of Iran’s Persian Gulf Petrochemical Industries Trade Company (PGPIC) said the U.S. sanction haven’t had any effect on the petrochemical exports by this company.
May 11, 2019

Iran offers petrochemicals, naphtha at IRENEX

TEHRAN – Iran has offered a variety of petrochemical products as well as 5,000 tons of light naphtha at the country’s Energy Stock Market (IRENEX), Fars news agency reported.
May 11, 2019

Securities worth over $8.3b traded at TSE since March 21

TEHRAN- Some 140.294 billion securities worth 352.259 trillion rials (about $8.387 billion) have been traded at Tehran Stock Exchange (TSE) since the beginning of current Iranian calendar year (March 21, 2019), IRIB reported.
May 11, 2019

Blasted Iranian oil pipeline back in operation

TEHRAN - The 42-inch Omidiyeh-Ahvaz oil pipeline, located in Iran’s southwestern Khuzestan Province is repaired and back to normal operation after it caught fire on Monday.
May 11, 2019

India’s 1st rice cargo for Afghanistan arrives at Chabahar Port

TEHRAN – India’s first consignment of rice to Afghanistan which is due to be delivered through India-Iran-Afghanistan trade route, arrived at Chabahar Port, IRNA reported on Saturday, quoting a deputy with Afghanistan Chamber of Commerce and Industries...
May 11, 2019

Over 42,000 cars manufactured in a month

TEHRAN- Iranian carmakers manufactured 42,623 vehicles during the first Iranian calendar month of Farvardin (March 21-April 20, 2019), IRNA reported citing the data released by Industry, Mining and Trade Ministry.
May 11, 2019

U.S. sanctions Iran’s metals; what’s the impact?

Earlier this week, in an attempt to [as the U.S. president Trump put it] “choke off the country’s largest non-petroleum related sources of export revenue", Washington imposed new sanctions on Iran's metals and minerals sectors.
May 10, 2019

Steel projects with over 10m tons of capacity to be inaugurated by Mar. 2020

TEHRAN- Iran will inaugurate steel projects with the capacity of at least 10 million tons during the current Iranian calendar year (ends on March 19, 2020), IRNA quoted Deputy Industry, Mining and Trade Minister Jafar Sarqini as saying.
May 10, 2019

Iran to launch organized forex market next week: fin. min.

TEHRAN- Iranian finance and economic affairs minister announced that an organized forex market will be launched in the country in the next week, IRNA reported on Friday.
May 10, 2019

Monthly non-oil trade at $4.8b

TEHRAN- The value of Iran’s non-oil trade stood at $4.87 billion during the first Iranian calendar month of Farvardin (March 21-April 20, 2019), ILNA reported, citing the data released by the Islamic Republic of Iran Customs Administration (IRICA).
May 10, 2019

Côte d’Ivoire seeks boosting trade ties with Iran

TEHRAN – A high-ranking trade delegation from Ivory Coast National Union of Savings and Credit Cooperatives, known as COOPEC (Union Nationale des Coopératives d’Épargne et de Crédit de la Côte d’Ivoire) visited Iran to explore avenues of mutual trade....
May 10, 2019

Iran turning thermal power plants to combined cycle to save energy

TEHRAN – Iran has turned six percent of its thermal power plans into combined cycle plants in order to reduce greenhouse gases and save energy, IRNA reported, quoting an energy official.