March 8, 2019

Annual trade between Iran, U.S. rises 155% in 2018

TEHRAN- The value of trade between Iran and the U.S. has risen 155 percent in 2018 compared to its previous year, Tasnim news agency reported on Friday citing the latest statistics released by the American Statistical Association (ASA).
March 8, 2019

Daily gasoline consumption at 88m liters

TEHRAN- Iranians consumed 88 million liters of gasoline per day on average since the beginning of current Iranian calendar month of Esfand (February 20, 2019), IRNA reported on Friday citing the data released by the Oil Ministry.
March 8, 2019

‘Britain eager to expand trade ties with Iran’

TEHRAN - Senior British trade commissioner, Simon Penney said the British government is attempting to expand its economic relations with Iran, IRIB reported.
March 8, 2019

Iran sets up marketing, exports center in Baghdad

TEHRAN- Iran has established a center in Baghdad for marketing its products in the Iraqi market and also expand the exports of its products to the neighboring country, the official website of Iran’s Trade Promotion Organization (TPO) published.
March 8, 2019

India seeking extension of waiver on Iran’s oil imports

New Delhi is negotiating with Washington about extending a waiver of U.S. sanctions on imports of oil from Iran which will expire in early May, two sources in India with knowledge of the matter said.
March 8, 2019

EU ready to respond to higher U.S. tariffs with own measures: Germany

The European Union wants to avoid a trade war with the United States but the bloc is ready to defend its interests and respond to any unilateral U.S. decisions with countermeasures, German Economy Minister Peter Altmaier said on Thursday.
March 8, 2019

UK affords Nazanin Zaghari Ratcliffe Diplomatic Protection

The Foreign Secretary has today (7 March) decided that the UK will exercise diplomatic protection in the case of Nazanin Zaghari-Ratcliffe as part of the Government’s continuing efforts to secure her release. Affording diplomatic protection in Nazanin’s case represents formal recognition by the British Government that her treatment fails to meet Iran’s obligations under International […]
March 6, 2019

Iranian capital market to experience new financial instruments

Applying new financial instruments in Iranian capital market has been a significant approach that Iran’s Securities and Exchange Organization (SEO) has adopted over the recent years to expand this market through availability of variable methods of fina...
March 6, 2019

IFX rises 8.7% in February

TEHRAN- IFX, the main index of Iran’s over-the-counter (OTC) market, known also as Iran Fara Bourse (IFB), rose 168 points or 8.7 percent to close at 2,100 points in February, IFB Public Relations Department reported.
March 6, 2019

Iran, Azerbaijan confer about economic, energy ties

TEHRAN- In his visit to Tehran, Azerbaijan’s Minister of Economic Development Shahin Mustafayev discussed expansion of economic and energy ties between Iran and his country with his Iranian counterpart Farhad Dejpasand and Iran’s Energy Minister Reza A...
March 6, 2019

Tehran hosts 5th meeting of ECO reference marine organizations

TEHRAN – The fifth meeting of Economic Cooperation Organization (ECO) reference marine organizations kicked off on Wednesday at the place of Iran’s Ports and Maritime organization (PMO) in Tehran, the portal of PMO reported.
March 5, 2019

Pakistan’s federal railways minister visits Iran

TEHRAN - Pakistan’s Federal Minister for Railways, Shaikh Rasheed Ahmed, visited Tehran on Tuesday for a three-day official visit. Minister Rashid is carrying messages from the Pakistani prime minister and president to the Iranian leadership.
March 5, 2019

ICCIMA to dispatch trade delegation to Bulgaria in mid-April

TEHRAN- Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) will dispatch a trade delegation to Bulgarian capital city of Sofia in mid-April, ICCIMA website reported.
March 5, 2019

SMEs export $3b of goods in since March 2018

TEHRAN- Iranian small and medium-sized enterprises (SMEs) exported $3 billion worth of commodities since the beginning of current Iranian calendar year (March 21, 2018), head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced ...
March 5, 2019

IRENEX to hold next round of offering crude oil on March 11

TEHRAN- The next (seventh) round of offering crude oil will be held at Iran Energy Exchange (IRENEX) on March 11, IRNA reported.
March 5, 2019

Important decisions made in INSTC’s coordination council meeting

TEHRAN - The seventh meeting of the coordination council of International North South Transit Corridor (INSTC) wrapped up on Tuesday and the council reached a conclusion including several important decisions regarding the corridor.
March 5, 2019

Iran holds specialized electricity exhibition in Baghdad

TEHRAN – The first specialized exhibition of Iranian electricity and related industries kicked off at Baghdad International Exhibition Center on Tuesday.
March 4, 2019

Over 873,000 cars manufactured in 11 months

TEHRAN- Iranian carmakers manufactured 873,243 vehicles during the eleven-month period from March 21, 2018 to February 19, 2019, IRNA reported on Monday citing the data released by the Ministry of Industry.
March 4, 2019

Tehran hosting 7th meeting of INSTC’s coordination council

TEHRAN- The seventh meeting of the coordination council of International North South Transit Corridor (INSTC) kicked off on Monday in Tehran, IRIB reported.
March 4, 2019

Transit of goods via Iran increases 14% in 10 months on year

TEHRAN- Transit of commodities via Iran rose 14 percent during the ten-month period from March 21, 2018 to January 20, 2019 from the same period of time in the previous year, IRNA reported on Monday citing the data released by Iran’s Trade Promotion Or...