Iran’s Rupee Deposit in UCO Bank Not Enough to Settle Accounts
The Managing Director of UCO Bank of India says that Iran’s deposit in the bank in Indian national currency rupee is not enough for settling financial obligation and this is because of the decline in purchase of Iran’s crude oil by Indians as well as decline in the trade exchange between the two states.
Iran Expects to Increase Trade With Oman by 50%
Iran’s trade with Oman is expected to increase by nearly 50% in value terms in the calendar year to late March 2023, says a businessman watching over trade between the two countries, amid efforts by the two neighbors to deepen their economic ties.
Tehran, Ashgabat explore avenues of energy, trade, transport co-op
A high-ranking Turkmen delegation headed by Deputy Chairman of the Cabinet of Ministers of Turkmenistan Atdayev Batyr Taganovich attended a meeting with Iranian Industry, Mining, and Trade Minister Reza Fatemi-Amin to discuss ways of expanding trade ties.
The Use of Renewable Energy – An Issue of National Importance for Uzbekistan
The current year in Uzbekistan is held under the motto "For human dignity".
Iran MARINEX 2022 running in Kish Island
The 12th edition of Iran International Marine Industries Exhibition (Iran MARINEX 2022) kicked off at Kish International Exhibition Center in southern Hormozgan Province on Monday, the portal of Iran’s Ports and Maritime Organization (PMO) reported.
Heads of Iran, Afghanistan railways confer on mutual cooperation
The heads of the railways of Iran and Afghanistan met on Monday in Tehran to discuss avenues of mutual cooperation and ways for resuming halted joint projects, the portal of Islamic Republic of Iran Railways (known as RAI) reported.
Maduro Discusses Oil Exports in Tehran
Oil Minister Javad Owji and visiting Venezuelan President Nicholas Maduro have exchanged views on bilateral energy cooperation, following the arrival of an Iran-flagged tanker in Venezuelan waters in yet another blow to Washington’s tough sanctions against Tehran and Caracas.
FDI inflow to Iran rises over 6% in 2021: UNCTAD
The United Nations Conference on Trade and Development (UNCTAD), in its latest investment report dubbed “International Tax Reforms and Sustainable Investment”, has said foreign direct investment inflow to Iran increased by 6.4 percent in 2021 compared to the previous year.
Exports to Oman Soar 126% in 2 Months
The value of Iranian exports to Oman increased by 126 percent in the first two months of the current Iranian calendar year (March 21-May 21) as compared to the same two months last year, IRIB reported.
Nominal electricity generation capacity up 162MW
The first gas unit of Mahtab Kavir Power Plant in southeastern Kerman Province has been connected to the national grid with a capacity of 162 megawatts (MW), as the country approaches the peak summer period, IRNA reported.