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2024-12-08 13:52
Iran exports crude steel, steel products worth $3.6b in 7 months
TEHRAN- Iran exported crude steel and steel products worth $3.643 billion in the first seven months of the current Iranian calendar year (March 20-October 21), the Iranian Steel Producers Association (ISPA) reported.
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2024-12-08 13:51
Over 1.7m tons of goods transited via Iran in a month
TEHRAN- As announced by the spokesman of the International Relations and Trade Development Committee of Iran's House of Industry, Mining and Trade, 1.723 million tons of commodities were transited through Iran in the seventh Iranian calendar month of Mehr (September 22-October 21).
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2024-12-08 13:50
Iran offers cooperation with gas exporting countries in oil and gas technologies
TEHRAN – Iran's Petroleum Industry Research Institute has expressed its readiness to cooperate with Gas Exporting Countries Forum (GECF) member states across the upstream and downstream oil and gas sectors, the institute's head said on Saturday.
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2024-12-07 14:49
Iran, Vietnam urged to boost trade despite banking, transport challenges
TEHRAN – Deputy Head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Ghadir Ghiafeh highlighted the pressing need for alternative mechanisms to mitigate banking and transportation hurdles that have increased trade costs between Iran and Vietnam.
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2024-12-07 14:49
Iran’s trade with EAEU grows by 11%
TEHRAN — Trade between Iran and the Eurasian Economic Union (EAEU) has increased by 11 percent in the first nine months of 2024 compared to the same period last year, according to the union's press service.
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2024-12-07 14:48
Central bank approves regulatory framework for cryptocurrencies
TEHRAN - Iran is taking a unified approach to regulate cryptocurrencies to balance oversight with economic development, IRNA reported.
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2024-12-06 14:27
Tehran hosting 26th GECF ministerial meeting
TEHRAN - The Iranian capital is hosting the 26th ministerial meeting of the Gas Exporting Countries Forum (GECF) on Dec 6-8, Shana reported.
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2024-12-06 14:27
Tehran, Madrid to strengthen trade ties via visa facilitation
TEHRAN - Head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), Samad Hassanzadeh, has emphasized the need for facilitating Spanish visas for Iranian traders saying that this step will significantly enhance bilateral trade relations between the two countries.
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2024-12-06 14:26
Iran, Belarus urged to boost financial exchanges using local currencies
TEHRAN - Head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hasanzadeh have stressed the need for enhancing bilateral financial exchanges through joint mechanisms and the use of local currencies.
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2024-12-03 12:38
Non-oil exports to Iraq increase by 36%
TEHRAN – Iran’s non-oil exports to Iraq have risen by 36 percent in the first seven months of the current Iranian year (March 20–October 21), reaching $7.288 billion, according to an official from the Trade Promotion Organization (TPO) of Iran.
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2024-12-03 12:36
Iran’s economy grows 4% in H1
TEHRAN – Iran’s economy recorded a four percent growth in the first half of the current Iranian year (March 21–September 22, 2024), according to the latest report from the Iranian Statistical Center. When excluding the oil sector, growth stood at 2.6 percent.
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2024-12-03 12:36
Japan to help Iran resolve differences with FATF: official
TEHRAN - Japan has vowed to carry out efforts to help Iran advance its case in the Financial Action Task Force (FATF), according to an Iranian deputy finance minister.
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2024-12-02 14:43
ECO expert meeting begins in Mashhad
TEHRAN - An expert meeting of the Economic Cooperation Organization (ECO) commenced in the Iranian northeastern city of Mashhad on Monday.
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2024-12-02 14:42
Non-oil exports from Mazandaran up 25% in 8 months
TEHRAN - An official at customs office of Mazandaran province says that export of non-oil products from this northern province registered a 28 percent growth in the first eight months of the current Iranian calendar year (started March 21, 2024).
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2024-12-02 14:42
Gas consumption in Iran hits 852 mcm
TEHRAN - Gas consumption across Iran has reached 852 million cubic meters (mcm), as reported by the Head of the National Gas Network Control Center.
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2024-12-01 16:37
CBI provides over $47b in subsidized foreign currency for imports
TEHRAN - The Central Bank of Iran (CBI) has provided $47.375 billion of subsidized foreign currency to importers of basic goods since the beginning of the current Iranian calendar year (March 20) up to November 30.
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2024-12-01 13:03
Strengthening ties with Russia, BRICS, SCO central to Iran’s policy
TEHRAN – Iran prioritizes expanding cooperation with regional powers and international organizations such as the Shanghai Cooperation Organization (SCO) and BRICS, according to Kazem Jalali, Iran’s Ambassador to Russia.
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2024-12-01 13:01
Iran’s request to obtain EAEU observer status approved
TEHRAN - A senior Russian official has announced that Iran’s request to obtain the observer state status at the Eurasian Economic Union (EAEU) has been approved at a meeting of the union’s executive body, which was held by deputy prime ministers of the member states.
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2024-11-30 14:45
Iran exports non-oil goods worth $249m to Afghanistan in a month
TEHRAN – Iran exported non-oil commodities valued at $249 million to Afghanistan in the seventh Iranian calendar month of Mehr (September 22-October 21), according to the spokesman of the International Relations and Trade Development Committee of Iran's House of Industry, Mining and Trade.
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2024-11-30 14:44
Over 4.7 million tons of goods transited in 100 days
TEHRAN – More than 4.7 million tons of goods were transited through Iran's road network during the first 100 days of the 14th government’s term in office, according to data from the Iranian Transport and Urban Development Ministry, as reported by IRNA.
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2024-11-30 14:41
Iran, India, Afghanistan, Uzbekistan discuss boosting transit via Chabahar Port
TEHRAN – Officials from Iran, India, Afghanistan, and Uzbekistan convened for the third joint working group meeting in Mumbai to explore strategies for enhancing commercial transactions and facilitating the transportation and transit of goods through Iran’s Chabahar Port.
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2024-11-29 13:59
Iran imports 61.5 tons of gold in 8 months
TEHRAN - Iran has imported some 61.5 tons of gold in the eight months to November 20 amid efforts to offset sanctions that restrict the country’s access to the international banking system.
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2024-11-29 13:57
Capacity of Iran’s renewable power plants exceeds 1,300 MW
TEHRAN - The capacity of Iran's renewable power plants has reached 1,317 megawatts (MW), based on the latest data released by Iran's Renewable Energy and Energy Efficiency Organization (SATBA).
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2024-11-29 13:56
Longest Iran-Armenia power transmission line reaches 90% progress
TEHRAN – A 270-kilometer power transmission line between Iran and Armenia, the longest overseas line in Armenia, has reached 90 percent of physical progress, IRIB reported.
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2024-11-27 13:23
Iran ready to expand maritime cooperation with IMO members
TEHRAN – Iranian Transport and Urban Development Minister Farzaneh Sadegh has said the country is ready to expand maritime cooperation with members of the International Maritime Organization (IMO), IRIB reported.
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2024-11-27 12:53
Non-oil export increases 18% in 8 months yr/yr
TEHRAN - The value of Iran’s non-oil exports increased by 18 percent in the first eight months of the current Iranian year (March 20-November 21) compared to the same period last year, according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).
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2024-11-27 12:32
Daily gas output in Iran rises significantly
TEHRAN - The Iranian oil minister boasted about his ministry’s success in increasing the production of unprocessed natural gas after identifying the bottlenecks.
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2024-11-26 13:31
Tehran, Doha eye $1b in annual trade
TEHRAN - The head of Iran’s Trade Promotion Organization (TPO) has said the country seeks to reach one billion dollars in annual trade with Qatar, expressing hope that economic cooperation between Tehran and Doha will take an upward trend with the holding of the two countries’ Joint Economic Committee meeting.
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2024-11-26 13:12
Iran's steel output up 0.6% in 10 months: WSA
TEHRAN - Iran's crude steel production reached over 25 million tons in the first 10 months of 2024, registering a 0.6 percent increase compared to the same period last year, according to the latest report by the World Steel Association (WSA).
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2024-11-26 12:57
Oil exports continue as usual: Paknejad
TEHRAN – Iranian Oil Minister Mohsen Paknejad says following President Trump’s election in the United States, Iran is taking new measures to ensure that the country’s oil exports continue without or with minimal challenges.