Thursday, 20 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.

Iran’s civil aviation welcomes proposed increase in flights from Saudi Arabia 06 Jan 2025

Iran’s civil aviation welcomes proposed increase in flights from Saudi Arabia

The Civil Aviation Organization of Iran has expressed its support for a proposal to increase the number of flights from Saudi Arabia to Iran as part of bilateral agreements.

Netherlands Emerges as Iran’s Third-Largest Trade Partner in the EU 05 Jan 2025

Netherlands Emerges as Iran’s Third-Largest Trade Partner in the EU

TEHRAN - Trade relations between Iran and the European Union (EU) have seen significant growth in 2024, with the Netherlands playing a pivotal role. According to data from Eurostat, Iran-EU trade volume reached €3.4 billion in the first nine months of 2024, marking a 96% increase compared to the same period in 2023.

Emphasis on Achieving 10m Tons of Transit Through the North-South Corridor 05 Jan 2025

Emphasis on Achieving 10m Tons of Transit Through the North-South Corridor

TEHRAN - A joint video conference was held on Saturday between Farzaneh Sadegh, Iran’s Minister of Roads and Urban Development, and Roman Starovoyt, Russia's Minister of Transport. The meeting aimed to discuss the memorandum of understanding for the construction of the Rasht-Astara railway and to enhance transport cooperation within the framework of the North-South Corridor.

Iran’s cenbank refutes claims of reduced reserves, import issues 04 Jan 2025

Iran’s cenbank refutes claims of reduced reserves, import issues

The Central Bank of Iran (CBI) has dismissed claims about a reduction in foreign currency reserves and the inability to support imports until the end of the Iranian calendar year on March 20.

Iran private sector operates 1st oil dock in South Pars 04 Jan 2025

Iran private sector operates 1st oil dock in South Pars

The first oil dock built by the Iranian private sector has become operational in Kangan located in the southern province of Bushehr.

Iran’s defense ministry commits to building 2.8 MW of solar, wind plants 04 Jan 2025

Iran’s defense ministry commits to building 2.8 MW of solar, wind plants

Iran’s Deputy Defense Minister for Industrial Research Affairs Afshin Naderi Sharif has announced that the ministry will cooperate with the Energy Ministry of Energy to build power plants to produce 2.8 MW of solar and wind energy across the country.

Gasoline Production to Reach 130m Liters Per Day 04 Jan 2025

Gasoline Production to Reach 130m Liters Per Day

TEHRAN - The Deputy Minister of Oil announced an upcoming 1,000-kilometer expansion of crude oil and oil product pipelines across the country. By the end of this year, the total pipeline length will increase from 14,000 kilometers to 15,000 kilometers.

Uzbekistan-Iran Trade Reaches $500 Million 04 Jan 2025

Uzbekistan-Iran Trade Reaches $500 Million

TEHRAN - In a meeting with the Governor of Mazandaran, Uzbek Ambassador Fariduddin Nasriyev emphasized the potential for strengthening trade relations between Mazandaran Province and Uzbekistan.

Uzbekistan-Iran Trade Reaches $500 Million 04 Jan 2025

Uzbekistan-Iran Trade Reaches $500 Million

TEHRAN - In a meeting with the Governor of Mazandaran, Uzbek Ambassador Fariduddin Nasriyev emphasized the potential for strengthening trade relations between Mazandaran Province and Uzbekistan.

No Exports of Technical and Engineering Services to Syria 01 Jan 2025

No Exports of Technical and Engineering Services to Syria

TEHRAN - Ali Naqavi, head of the Technical and Engineering Services Commission at the Iran Chamber of Commerce, detailed the latest developments in Iran’s export of technical and engineering services. He emphasized that despite the country’s significant potential in this sector, actual exports fall drastically short.