Poland calls for a roadmap to expand trade ties with Iran

TEHRAN – Polish ambassador in Tehran called for creating a clear roadmap for restoring trade relations with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

Steel exports by major producers up 8% in 7 months on year

TEHRAN- Exports of steel by ten major producers in Iran hit 4.049 million tons in the first seven months of the current Iranian calendar year (March 21-October 22), up eight percent compared to the same period of time in the past year, IRNA reported on Wednesday.

France seeking a formula to remove Iran sanctions barrier: envoy

TEHRAN – French Ambassador to Tehran Philippe Thiebaud said his country is seeking a formula to remove the barriers created by the U.S. sanctions in the way of trade with Iran, portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

By Mahnaz Abdi

Tax exemptions in FTZs under debate

Development of existing free trade zones (FTZs) and establishment of new FTZs is currently one of the major economic approaches of Iran and in a bid to attract more investments to these zones Iranian government offers various incentives to the investors.

‘Plan for rationing subsidized gasoline to be finalized in a week’

TEHRAN – Iran’s government spokesman Ali Rabiei said on Wednesday the details of a government plan for rationing subsidized gasoline will be finalized by the next week, Tasnim news agency reported.

3rd platform of SP phases 22-24 installed

TEHRAN- Platform SPD-23, which is the third platform of the phases 22, 23, 24 of South Pars gas field (in the Persian Gulf) development project was installed at its designated offshore place in phase 23, on Tuesday.

Iran to hold over 6% share of world’s petchem production by 2025

TEHRAN - Head of Iran’s National Petrochemicals Company (NPC) says by the Iranian calendar year of 1404 (starts in March 2025) Iran’s petrochemical industry will be accounting for 6.2 percent of the total global petrochemical output.

Syria ready to provide facilities to Iranian companies: envoy

TEHRAN - Syrian ambassador to Tehran expressed his country’s readiness for providing facilities to Iranian companies which contribute to Syria’s reconstruction, IRNA reported on Tuesday.

Copper projects worth €2.5b underway across Iran

TEHRAN – Iranian Industry, Mining and Trade Minister Reza Rahmani said €2.5 billion worth of projects in the copper industry are underway across the country including Kerman, Yazd and East Azarbaijan provinces, IRNA reported on Tuesday.

TEDPIX gains 2,711 points in a day

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 2,711 points to 306,655 on Tuesday, IRNA reported.