Tehran, Caracas Agree for Export of 100,000 Iranian Cars
Director General of American Bureau of Trade Promotion Organization of Iran says Iran has reached agreement with Venezuela for exporting over 100,000 cars to Venezuela in five years.
Iranian Ships Facing Problems in Russian Ports
–Secretary of the Shipping Association of Iran Mr. Masoud Polmeh says Iranian ships face problems in Russian ports and they have major problems in load and unload of vessels.
Iran Ready to Increase Electricity Export to Iraq
Head of Iran's Power Generation, Distribution, and Transmission Company (TAVANIR) says increasing electricity export to Iraq hinges on Iraq’s needs but currently Iran has required infrastructures for increasing exports.
Iran to synchronize power grids with Russia, Azerbaijan, Armenia soon
Iranian Energy Minister Ali-Akbar Mehrabian has said that the project for synchronization of the country’s electricity networks with Russia, Armenia, and Azerbaijan is underway, Tasnim news agency reported.
8 Chinese Companies Ready to Invest in Imam Khomeini Airport
Caretaker of Imam Khomeini Airport City Company says 8 Chinese and 4 Iranian companies have announced their readiness for construction of the Terminal No.3 of Imam Khomeini Airport and talks are underway.
Detergents Crisis to Sweep Country in Upcoming Months
Secretary of Iranian Association of Detergents, Hygienic and Cosmetic Industries says with continuation of the current trend, he has no doubt that the country will face the shortage of detergents and its crisis because about 15% of the small detergent producing companies have stopped production and some of big companies are working with one-thirds of their capacities to save their brands.
French Carmakers Have to Pay Damages Over Leaving Iran
Spokesman of the Ministry of Industry, Mine and Trade says as long as French carmakers do not pay damages for leaving Iran market due to sanctions, they will be unable to re-enter Iran’s market.
Gov’t Records Lowest Expenditure in West Asia
International Monetary Fund (IMF), in a recent ranking of the world’s governments based on the ratio of their expenditure to gross domestic product (GDP), has put Iran in sixth place among 188 countries reviewed.
Attention on Barter Trade, Transport to Boost Iran-Pakistan Trade
The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) considered the attention to barter trade and transit as the basis for the expansion of economic relations between Iran and Pakistan.
Tehran, Budapest Sign Cooperation Document
Hungarian foreign minister, after signing the protocol of the 3rd Iran and Hungary Joint Economic Cooperation Commission, said his country supports Iran's right to use the nuclear energy for peaceful purposes.