Annual exports from Iran to Iraq rises 20%
The value of Iran’s exports to Iraq rose 20 percent during the previous Iranian calendar year (ended on March 20) as compared to the preceding year, Tasnim news agency reported citing official data.
Tehran, Bishkek Ready to Broaden Economic Cooperation
Iran and Kyrgyzstan expressed their interests for broadening economic cooperation and investment in different fields.
Tehran-Ankara Trade Growing But Still Far Behind Its Heyday
Chairman of the Joint Chamber of Commerce of Iran and Turkey says although media report 53% growth in Iran-Turkey trade by reaching $4.5b, this is not considerable and it is far behind heyday’s trade of $21b.
Steel ingot exports increase 25% in a year
Iran’s export of steel ingots increased 25 percent in the past Iranian calendar year 1400 (ended on March 20), from its preceding year, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has announced.
Iran-China quarterly trade rises 18% yr/yr
The value of non-oil trade between Iran and China reached $3.85 billion in the first three months of 2022 to register an 18-percent rise year on year, according to the data released by China’s customs administration.
Govt. praises Oil Ministry for ensuring uninterrupted gas supply in winter
Ali Bahadori Jahromi, spokesman for the Iranian government, has praised the Oil Ministry’s efforts for ensuring uninterrupted natural gas supply during the winter, Shana reported on Wednesday.
IMF Expects Iran Economy to Grow by 3% in 2022
The International Monetary Fund (IMF) expects the Iranian economy will continue to grow in 2022 despite continued pressure on the country because of American sanctions and the economic impacts of the coronavirus pandemic.
Iran Signs Long-Term Deal With Russia on Supplying Basic Goods
Alireza Peyman-Pak, Head of Trade Promotion Organization of Iran (TPOI) said that Iran's recent trade conference in Moscow was successful and coordination was made with Moscow to ensure food security.
Transportation Main Hurdle in Way of Tehran-Havana Trade Ties
Iran and Cuba called for resolving transportation problem and the launch of direct flight for boosting bilateral economic cooperation.
Iran Needs $80b Investment to Produce 1.4b cm of Gas
Oil Minister Javad Oji says according to estimates, Iran needs some $80b investment in order to produce 1.4b cubic meters of gas, noting that the oil industry has brought the country over $43 billion of revenues in the previous Iranian calendar year (ended on March 20).