Tuesday, 18 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.

Oil Ministry Not to Wait for JCPOA Talks 06 Nov 2021

Oil Ministry Not to Wait for JCPOA Talks

Oil Ministry will not wait for the decisions and negotiations, Minister of Petroleum said on Thursday after 22nd OPEC and non-OPEC Ministerial Meeting.

Leap in Tehran-Algeria Trade Depends on Removing Hurdles 04 Nov 2021

Leap in Tehran-Algeria Trade Depends on Removing Hurdles

In a webinar held on Wednesday, Iran and Algeria’s Chambers of Commerce reviewed ways to boost bilateral trade and using the barter trade mechanism to increase the bilateral trade to $2b.

Small-scale power plants’ output hits record high of 1,100MW 03 Nov 2021

Small-scale power plants’ output hits record high of 1,100MW

Head of Iran Grid Management Company (IGMC) has said the generation capacity of the country’s small-scale power plants reached 1,100 megawatts (MW) during the current year’s summer peak consumption period (June 22- September 22), IRNA reported.

Iran Needs $160b of Investment in Its Oil Projects 03 Nov 2021

Iran Needs $160b of Investment in Its Oil Projects

About $160 billion should be spent on projects in Iran's oil and gas sectors, the country's Oil Minister Javad Owji said.

Transit of goods via Iran increases 81% in 7 months on year 02 Nov 2021

Transit of goods via Iran increases 81% in 7 months on year

Transit of goods via Iran has risen 81 percent during the first seven months of the current Iranian calendar year (March 21-October 22), as compared to the same period of time in the past year, the head of Islamic Republic of Iran Customs Administration (IRICA) announced.

No Bright Economic Future Without JCPOA, FATF 02 Nov 2021

No Bright Economic Future Without JCPOA, FATF

  Head of Iran-Switzerland Joint Chamber of Commerce believes there is no bright economic future for the country without the JCPOA and joining the FATF.

Iran Seeks Resumption of Oil Sales to India 02 Nov 2021

Iran Seeks Resumption of Oil Sales to India

Iran’s ambassador to India says Tehran expects New Delhi to resume oil purchases from Iran. He added Iran’s Foreign Minister Hossein Amir Abdollahian plans to visit India later this month.

India removes restrictions on Iranian cargo ships 01 Nov 2021

India removes restrictions on Iranian cargo ships

India’s Mundra Port has reportedly reconsidered its decision on not handling Iranian cargoes as of November 15, Masoud Polmeh, the secretary-general of Shipping Association of Iran (SAOI) announced.

Tehran, Dushanbe Set Roadmap for Economic Cooperation 01 Nov 2021

Tehran, Dushanbe Set Roadmap for Economic Cooperation

The Head of American and European Office of the Trade Promotion Organization of Iran (TPOI) Mohammadreza Karimzadeh said that Iran and Tajikistan held a meeting to prepare the roadmap for their economic cooperation in order to increase the bilateral trade in line with the agreements of their presidents which was made during the Shanghai Cooperation Organization Summit in Tajikistan.

Iran almost self-reliant in manufacturing agricultural machinery 31 Oct 2021

Iran almost self-reliant in manufacturing agricultural machinery

Head of Iran’s Agricultural Mechanization Development Center Kambiz Abbasi announced that up to 95 percent of agricultural machinery in Iran is manufactured domestically, IRNA reported on Saturday.