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.

Non-oil trade with neighbors up 42% in 11 months yr/yr 15 Mar 2022

Non-oil trade with neighbors up 42% in 11 months yr/yr

The value of Iran’s non-oil trade with its neighbors stood at $46.245 billion during the first 11 months of the current Iranian calendar year (March 21, 2021-February 19, 2022) to register a 42 percent increase year on year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

MAPNA Delivers First Batch of MAP24 Locomotives to MSC 15 Mar 2022

MAPNA Delivers First Batch of MAP24 Locomotives to MSC

In a ceremony held on Sunday, MAPNA Group delivered the first batch of MAP24 locomotives to Mobarakeh Steel Company (MSC) and the contract for manufacture and supply of 50 MAP24 freight locomotives came into effect.

Very Bright Perspective Seen in Iran-Uzbekistan Trade Ties 15 Mar 2022

Very Bright Perspective Seen in Iran-Uzbekistan Trade Ties

 Referring to significant increase in relations between Iran and Uzbekistan, Iranian Ambassador to Republic of Uzbekistan said that bright future can be seen at all political, economic and cultural levels between two countries.

Any Delay May Lead to Losing Afghanistan Market 15 Mar 2022

Any Delay May Lead to Losing Afghanistan Market

Head of Iranian Export Confederation believes if Iran hesitates it will lose Afghanistan trade market because other countries are entering it.

German firm inks MOU with MERDCI to co-produce solar panels 14 Mar 2022

German firm inks MOU with MERDCI to co-produce solar panels

Micro Electronics Research Center of Iran (MERDCI) has signed a memorandum of understanding (MOU) with the German firm Dr. Hegenbart Unternehmensberatung GMBH & Co. to cooperate in the manufacturing of solar panels and modules.

Shafei Warns Over Rise in Number of Free Zones 14 Mar 2022

Shafei Warns Over Rise in Number of Free Zones

Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCMIA) Gholam-Hossein Shafei warned over the rise in the number of free zones in the country and reiterated it seems there is no logic behind it.

Gov’t Not to Extend Ban on Car Imports in June 14 Mar 2022

Gov’t Not to Extend Ban on Car Imports in June

Minister of Industry, Mine and Trade says the government will not extend ban on imports of cars to the country from next June.

Iran’s exports to SCO members rise 41% 13 Mar 2022

Iran’s exports to SCO members rise 41%

The value of Iran’s exports to the members of the Shanghai Cooperation Organization (SCO) increased 41 percent in the first 11 months of the current Iranian calendar year (March 21, 2021-February 19, 2022) as compared to the figure for the previous year’s same period, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Iran-Afghanistan Trade Hits $2.1b 13 Mar 2022

Iran-Afghanistan Trade Hits $2.1b

Head of Iran-Afghanistan Joint Chamber of Commerce Mr. Hossein Salimi says the trade volume of Iran and Afghanistan has been around $2.1b in this Iranian calendar year which is approaching its end.

Domestic company to build 113,000-ton oil tanker for NITC 12 Mar 2022

Domestic company to build 113,000-ton oil tanker for NITC

National Iranian Tanker Company (NITC) has awarded the project for building a 113,000-ton oil tanker to a high-level domestic company, the company’s managing director announced.