Head of Iran Trade Promotion Organization Alireza Payman Pak says during interactions in recent months Iran has attracted some $300m of foreign investment from the UAE which will come into effect in four or five months.

Iran’s Ambassador to Cuba Mr. Mohammad Hadi Sobhani has urged Iran to invest in mega projects in Cuba saying that Iran can invest in the renewable energies in Cuba because Havana is to provide 25% of its required energies through renewable energies by 2030.

Iran’s Ambassador to Venezuela Mr. Hojjatollah Soltani says currently all Venezuelan banks are connected to Swiss banks and there is no sanction on those banks and Iran has direct banking connection with Venezuela which can boost the trade between the two countries.

Charge d’Affaires of Embassy of Argentina in Tehran Jorge Mariano Jordan in meeting with Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Gholam-Hossein Shafei said that 20 Argentinian companies are to arrive in Tehran for resuming economic cooperation.

Iranian Ambassador to Oman Ali Najafi has said the value of trade between the two countries increased by 40 percent in the first 10 months of the current Iranian calendar year (March 21, 2021-January 20, 2022) compared to the same period in the previous year.

Secretary of the Supreme Council of Free Trade-Industrial and Special Economic Zones criticized recent moves in Majlis for levying tax in free zones and said the amount of investment flight from free zones to Turkey has been considerable in recent years and today the country sees the capital flight for investment to the UAE.

Iranian banking system has paid 22.964 quadrillion rials (over $86.1 billion) of facilities to domestic economic sectors in the first 10 months of the current Iranian calendar year (March 21, 2021-January 20, 2022), registering a 59.4-percent rise from the same period in the previous year, Mehr News Agency reported.

A member of the board of directors of Iran’s National Saffron Council says according to the statistics released by Iran’s Customs Administration, Iran’s exports declined around 63% last month comparing to the same period last year and all should work to diagnose the reason and to find solution for it.

Iran’s Ambassador to Pakistan Seyed Mohammad Ali Hosseini during a joint online meeting with the Head of Iran’s Ports and Marine Organization (PMO) Mr. Ali Akbar Safaee said Pakistanis are eager to broaden all-out cooperation with Iran in the field of port and marine transportation especially in launching joint shipping line with Iran.

Head of Iran-UAE Joint Chamber of Commerce Erfan Shakeri says Iran and the UAE are working to prepare a ten-year outlook document for their trade ties which is in the early stage.