Wednesday, 26 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

Tehran, Moscow to Use Cryptocurrencies in Trade 23 Jul 2022

Tehran, Moscow to Use Cryptocurrencies in Trade

Head of Iran’s Trade Promotion Organization (TPO) says the center for promoting trade with Russia has been activated in Iran and stressed that the license for setting up the Iran Trade Center in Russia has been issued that it will work as Iran’s trade embassy in Russia.

New horizons of Tehran-Moscow partnership against West 21 Jul 2022

New horizons of Tehran-Moscow partnership against West

As major players in the world and West Asia’s political and economic scene, Iran and Russia have been expanding political and economic ties for many years, however, the relations between the two countries have entered a whole new level over the past few months.

Iran’s Integrated Forex Market launches Ruble/Rial currency pair 20 Jul 2022

Iran’s Integrated Forex Market launches Ruble/Rial currency pair

Iran’s Integrated Forex Market has launched the Ruble/Rial currency pair in its trades, IRNA reported.

NIOC, Gazprom Strike $40b MoU 20 Jul 2022

NIOC, Gazprom Strike $40b MoU

The National Iranian Oil Company (NIOC) and Russia's Gazprom signed a memorandum of understanding worth roughly 40 billion dollars.

Talks Underway for Preferential Tariff With Indonesia 20 Jul 2022

Talks Underway for Preferential Tariff With Indonesia

Head of Iran Trade Promotion Organization (TPO) announced beginning of talks for creating preferential tariff with Indonesia as well as free trade with Serbia.

Commodities worth $459m traded at IME in a week 19 Jul 2022

Commodities worth $459m traded at IME in a week

During the past Iranian calendar week (ended on Friday), 2,133,115 million tons of commodities worth $459 million were traded at Iran Mercantile Exchange (IME).

Iran Exports to EU Up 45% y/y in May 19 Jul 2022

Iran Exports to EU Up 45% y/y in May

Iranian exports to EU countries rose by nearly a half year on year in May to reach €102 million.

TPO considers launching medical equipment export consortium 17 Jul 2022

TPO considers launching medical equipment export consortium

Head of Iran’s Trade Promotion Organization (TPO) has stressed the need for establishing a consortium of medical equipment exporters in order to increase the quality and export capacity of the products made in this sector, the TPO portal reported.

Iran, Russia to Create Joint Free Zone 17 Jul 2022

Iran, Russia to Create Joint Free Zone

It was late in the spring that Russian President’s special representative, the CEO of Lotus Special Economic Zone of Russia’s Astrakhan Mr. Sergey Milushkin, Deputy Speaker of the State Duma of the Russian Federation Mr. Oleg Savchenko and their entourage had different meetings with Vice-President and Secretary of the Supreme Council of Free and Special Economic Zones Mr. Saeed Mohammad and during the meetings both sides called for broadening bilateral and multilateral cooperation with reliance on capacities in Iran’s free zones.

Iran May Import Gasoline 17 Jul 2022

Iran May Import Gasoline

Chairman of the board of directors of the Union of Exporters of Petroleum, Gas and Petrochemical Products Seyed Hamid Husseini says Iran may become gasoline importer because of high consumption in the summer.