Capital Flight Amounts to $45 in Recent 4 Years
Head of Tehran Chamber of Commerce, Industry, Mine and Agriculture (TCCIMA) says some $45b of capitals have been taken out of the country in recent four years and it seems the figure to be more than this because considerable part of Iran’s economy is underground.
ECO Members Urged to Use their Trade Exchange Potentials
Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Mr. Gholam-Hossein Shafei in meeting with the Head of ECO Science Foundation (ECOSF) Mr. Seyed Komail Tayebi urged the ECO (Economic Cooperation Organization) members to use their trade exchange potentials.
Russian trade delegation in Tehran to discuss expansion of ties
A Russian trade delegation comprising 100 representatives from 65 companies are visiting Tehran to discuss the areas for cooperation with their Iranian counterparts, the spokesman of Iran’s Ministry of Industry, Mining and Trade announced.
India’s Policy Is to Buy Cheap Oil
Former Iran’s Ambassador to India says that India is not ready to risk its economic interests for the sake of Iran or any country but in case sanctions against Iran are lifted, it will try to get closer to Iran and will resume its oil imports from Iran.
Iran, Uzbekistan ink MOU on energy co-op
Iran and Uzbekistan signed a memorandum of understanding (MOU) on cooperation in different energy sectors, Fars news agency reported on Sunday.
China, Turkey Dominating Iran Furniture Market
Head of Carpenters and Furniture Manufacturers Union of Iran says 60% of the people in the country cannot afford to buy furniture, admitting that China and Turkey are dominating Iran’s furniture market.
Tehran Eyes Free Trade With SCO Member states
Head of Iran’s Trade Promotion Organization (TPO) Alireza Peyman-Pak said that President Ebrahim Raisi has stressed the need for establishing Free Trade Agreements (FTAs) with members of the Shanghai Cooperation Organization (SCO), the TPO portal reported.
Delegation of 80 major Russian companies to visit Iran next week
Russian President Vladimir Putin said on Thursday that a delegation of 80 major companies from his country will visit Iran next week, Russian state-owned news agency RIA reported.
Head of KFZO Orders Removal of Economic Hurdles in Way of Investors
–Deputy Head on Tourism of Kish Free Zone Organization (KFZO) says the chairman of the organization Mr. Mehdi Keshavars has ordered the launch of a think-tank for removal of economic hurdles and problems in way of investors in the zone.
Trade with Africa exceeds $520m in 4 Months
Iran traded 890,287 tons of non-oil commodities worth $526.35 million with African countries during the first four months of the current Iranian calendar year (March 21-July 22), data released by the Islamic Republic of Iran Customs Administration (IRICA) showed.