BRICS Business Forum welcomes over thousand expert representatives from member countries

The BRICS Business Forum concluded in Moscow. On the second day of the forum, which took place on October 18, panel sessions were held featuring business leaders from Brazil, Russia, India, China, South Africa, Egypt, Iran, the UAE, and Ethiopia.

Iran’s energy minister to attend Belt and Road Energy Ministerial Conference in China

TEHRAN – Iranian Energy Minister Abbas Aliabadi is going to visit China to attend the third Belt and Road Energy Ministerial Conference in Qingdao, East China's Shandong Province which is due to be held during October 23-24.

ICCIMA holds meeting to discuss environmental issues

TEHRAN – The Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Committee of Standards, Environment, Sustainable Development, and Water held a meeting on Saturday to discuss the country’s environmental issues, the ICCIMA portal reported.

Industry Ministry prioritizes comprehensive development plan for mining sector

TEHRAN – Iran’s Deputy Industry, Mining and Trade Minister Vajihollah Jafari has said implementing a comprehensive plan for developing the country’s mines is a priority of the ministry to achieve the goals set for the mining sector in the seventh National Development Plan (2022-2027).

Fuel supply to power plants rises 38%

TEHRAN – The head of National Iranian Oil Products Distribution Company (NIOPDC) says the company has supplied 38 percent more liquid fuel to the country’s power plants since the beginning of the current Iranian calendar year (March 20) compared to the previous year’s same period.

Iran calls for expansion of economic ties with Tanzania

TEHRAN – Iranian Agriculture Minister Gholamreza Nouri Ghezelcheh has called for the expansion of economic ties with Tanzania during a meeting with the country’s Deputy Foreign Minister Dennis Lazaro Londo, IRNA reported.

Tehran, Moscow discuss ways of realizing oil, gas agreements

TEHRAN - Iran's Ambassador to Russia Kazem Jalali, in a meeting with the Russian Deputy Energy Minister Pavel Sorokin, discussed and exchanged opinions about cooperation in various sectors, including the ways for implementing oil and gas agreements reached between the two countries.

Plans underway to boost Iran’s gasoline output to 129m liters per day

TEHRAN - Iran's Deputy Oil Minister and Head of National Iranian Oil Products Distribution Company (NIOPDC) Mohammad-Sadegh Azimifar says the work is underway to increase Iran's gasoline production to 129 million liters per day by the end of the country’s seventh National Development Plan (2027), Shana reported.

Iranian, Pakistani ministers discuss bilateral trade ties

TEHRAN - Iranian Minister of Industry, Mining and Trade Mohammad Atabak and Pakistan’s Federal Minister for Commerce Jam Kamal Khan have discussed trade ties between the two countries, with both agreeing that economic exchanges should be promoted further.

By Huang Fei

BRICS and the Dawn of a New Era

As world leaders prepare to gather at the 2024 BRICS Summit in Kazan, Russia, the expanded BRICS is poised to redefine the global landscape.

TEDPIX falls 4,200 points on Wednesday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), fell 4,207 points to 2,084,153 on Wednesday, which is the fifth day of the Iranian calendar week.

Red meat production up 3% in a month

TEHRAN- Production of red meat in Iran rose three percent in the fifth month of the current Iranian calendar year (July 22-August 21), as compared to the previous month, the Statistical Center of Iran (SCI) announced.

RAI invites Spanish experts to partake in Iran’s railway projects

TEHRAN – The head of the Islamic Republic of Iran Railways (RAI) has emphasized the increase of academic interaction between Iran and Spain, and invited the technical experts of the Spanish railway field to transfer experience for launching high-speed trains in Iran.

Small-scale power plants with capacity of 127MW come on stream since late Mar.

TEHRAN – Several small-scale power plants with a total capacity of 127 megawatts (MW) have come on stream across Iran since the beginning of the current Iranian calendar year (March 20), an official with the country’s Power Generation, Distribution and Transmission Company (TAVANIR) said.

5th Iran-Tanzania Joint Economic Committee meeting to be held this week

TEHRAN – The head of Iran’s Trade Center in Ivory Coast has said the fifth Iran-Tanzania Joint Economic Committee meeting is due to be held from October 18 to 21 in Tanzania, IRIB reported.

Iran determined to boost trade, energy co-op with Azerbaijan

TEHRAN - Iran's Oil Minister Mohsen Paknejad, in a meeting with the visiting Azerbaijani Deputy Prime Minister Shahin Mustafayev, called for the formation of a joint working group in order to pursue and accelerate bilateral cooperation, especially in the field of energy.

ICCIMA seeking expansion of international cooperation

TEHRAN - During the World Chambers Federation's first Europe and Asia Regional Summit in Turkey, the head and board members of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) explored ways for boosting international cooperation.

Accelerating petchem projects, key to improving trade balance: NPC head

TEHRAN – Acting Head of Iran’s National Petrochemical Company (NPC) Hassan Abbaszadeh says accelerating the completion of petrochemical projects is the key to improving the country’s foreign trade balance, Mehr News Agency reported.

PMO plans to attract $1.2b of domestic investment in ports

TEHRAN – The head of Iran’s Ports and Maritime Organization (PMO) has said the organization has put it on the agenda to attract 600 trillion rials (about $1.2 billion) of investment from the country’s private sector in ports and maritime sector.

Iran, Azerbaijan discuss expansion of energy, transit ties

TEHRAN – Iranian Energy Minister Abbas Aliabadi has called for increasing electricity exchange with neighboring countries in a meeting with Deputy Prime Minister of the Republic of Azerbaijan Shahin Mustafayev in Tehran, IRNA reported on Monday.

Iranian finance minister underlines implementing MOUs with China

TEHRAN - Iran’s Finance and Economic Affairs Minister Abdolnaser Hemmati has emphasized the importance of implementing the memorandums of understanding (MOUs) signed between Iran and China.