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.

Yerevan hosts 17th Iran-Armenia Joint Economic Committee meeting 12 May 2022

Yerevan hosts 17th Iran-Armenia Joint Economic Committee meeting

Iranian Energy Minister Ali-Akbar Mehrabian, who traveled to Yerevan to attend the 17th Iran-Armenia Joint Economic Committee meeting, met with Armenian Deputy Prime Minister Mher Grigoryan on Tuesday evening.

Symposium on Investment in Italy Held 12 May 2022

Symposium on Investment in Italy Held

In the event “Symposium on Investment in Italy held on Monday at the Italian Ambassador’s residence,  investment opportunities in Italy, facilities and incentive policies, special economic zones and banking issues and current problems of companies were discussed and reviewed.

Venezuela starts shipping in Iran’s heavy crude oil for refining 11 May 2022

Venezuela starts shipping in Iran’s heavy crude oil for refining

Venezuela has begun shipping in heavy crude oil from Iran to use as feedstock in domestic refineries, Reuters reported on Monday citing documents from Venezuela’s state-run oil company PDVSA.

Annual exports to Poland rise 114% 10 May 2022

Annual exports to Poland rise 114%

The spokesman of the Islamic Republic of Iran Customs Administration (IRICA) has said the country's non-oil exports to Poland recorded 114 percent growth in the previous Iranian calendar year (ended on March 20).

IMIDRO defines 30 investment packages for reviving idle mines this year 10 May 2022

IMIDRO defines 30 investment packages for reviving idle mines this year

Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Vajihollah Jafari said his organization, which is in charge of a program for reviving idle small mines across the country, has defined 30 investment packages for continuing the implementation of the program in the current Iranian calendar year (started on March 21).

Tehran-EU Trade Rising Considerably 09 May 2022

Tehran-EU Trade Rising Considerably

French Ambassador to Tehran says EU’s interest for broadening trade with Iran is based on the mutual interests and currently the trade between the EU and Iran has increased considerably.

Annual tea exports rise 77% 08 May 2022

Annual tea exports rise 77%

Iran exported over 27,272 tons of tea leaves valued at $28 million in the previous Iranian calendar year 1400 (ended on March 20), registering a 77 percent rise in value and a 68 percent increase in weight, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said.

Indonesians Invited to Use Chabahar Port of Iran as Regional Hub 08 May 2022

Indonesians Invited to Use Chabahar Port of Iran as Regional Hub

Minister of Industry, Mine and Trade Mr. Seyed Reza Fatemi Amin in meeting with Indonesian delegation led by Vice-Speaker of People’s Representatives Council of Indonesia Mr. Rachmat Gobel called for finding ways for broadening the bilateral trade volume which is currently around $1b.

Iran Can Double Oil Exports From Kharg Island 07 May 2022

Iran Can Double Oil Exports From Kharg Island

The CEO of the National Iranian Oil Company says Iran has the potential to double the crude oil exports from Kharg Island in the southern part of the country.

Iran Has Never Been So Dependent On Grain Imports 07 May 2022

Iran Has Never Been So Dependent On Grain Imports

The head of the Flour Producers Association says this year Iran must import 20 million tons of grain, noting that the country has never been so dependent on imports.