Can barter trade realize Iran-Pakistan $5b trade target?
Despite close political relations and geographical distance, U.S. sanctions on the Islamic Republic have prevented Iran-Pakistan's economic ties from realizing their full potential over the past decade, particularly because the Islamic Republic of Iran cannot access international banking.
Almaty to Host Exclusive Expo of Iranian Products
Almaty of Kazakhstan is poised to host an exclusive exhibition of Iranian products during July 1-3, according to the head of Iran’s Trade Promotion Organization (TPO).
Non-Oil Trade Hits Record High in Years
Iran’s non-oil trade hit a record high figure in the Iranian calendar month ending March 20, an Iranian customs official says.
Trade between Iran, EAEU exceeds $5b in 11 months
The value of trade between Iran and the members of the Eurasian Economic Union (EAEU) reached $5.034 billion during the 11-month period from March 21, 2021 to February 19, 2022, Mohammad-Reza Karbasi, a member of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) told the Young Journalists Club (YJC).
Foreign Investors Can Get 5-Year Residence Permit With 90k Euros Investment
Director of Foreign Trade Office at the Organization for Investment, Economic and Technological Assistance of Iran Mr. Abolfazl Koudei says the government has reformed the regulations for granting Iran residence permit to foreign investors and according to the latest approval, any foreign investor who invests 90,000 euros in Iran can get a five-year Iran residence permit.
Iran Exports to Afghanistan Decline by 40% in Weight
Iran's Customs Administration spokesman Rouollah Latifi says in last Iranian calendar year, Iran exported 4.187 tons of goods worth $1.839b to Afghanistan which shows 40$ decline in terms of weight and 20$ in value comparing to the preceding year.
Iran to Unveil Nuclear Industry Strategic Document
Iran is going to release a strategic comprehensive document on its nuclear industry, a spokesperson said.
Iran’s annual exports to Afghanistan exceed $1.8b
Iran exported 4.187 million tons of commodities worth $1.839 billion to Afghanistan in the previous Iranian calendar year (ended on March 20) to register a 20-percent decline in terms of value compared to the preceding year, ILNA reported.
Last year’s oil income realized 10% more than budget targets: Oji
Iranian Oil Minister Javad Oji said the country’s oil incomes in the previous Iranian calendar year (ended on March 20) were 10 percent more than the target set in the national budget bill for the year, Shana reported on Monday.
Economic Cooperation of Iran-Turkey “a Must”
Iranian and Turkish business activists reiterated that economic cooperation between Iran and Turkey is necessary and called for resolving the problems in way of trade between the two states.