Tehran, Baghdad Agree on Iran Frozen Assets
Head of the Iran-Iraq Joint Chamber of Commerce Yahya Al-e Eshaq says Iran and Iraq have reached an agreement on Iran’s frozen assets in Iraq, adding that interaction is underway and one should not be worried about it because expansion of ties between the two countries is more important than this issue.
Iran Can Earn $2b Annually Through Auto Parts Exports
Secretary of Iranian Auto Parts Manufacturers Association says Iran has good potentials to increase its auto parts exports and earn up to $2b annually.
Tehran hosting intl. exhibition of construction industry
The 21st International Exhibition of Building and Construction Industry (Iran Confair 2021) was opened by Transport and Urban Development Minister Rostam Qassemi at Tehran Permanent International Fairgrounds on Monday.
‘Lack of strategic roadmap a hurdle to economic growth’
The head of the Iranian parliament’s economic committee has said lack of a strategic roadmap has been the main hurdle in the way of the country’s economic development, IRIB reported.
OICO inks deal with NPC for operation, maintenance of world’s top ethylene pipeline
Iranian Oil Industries Commissioning and Operation Company (OICO) has signed a deal with the National Petrochemical Company (NPC) for the operation and maintenance of the country’s West Ethylene Pipeline (WEP) which is the world’s largest ethylene pipeline.
Most Countries Do Not Risk Trade With Iran
Former Head of Trade Promotion Organization (TPO) Mohammad Reza Modoudi says most of countries like China, Taiwan, Thailand and other ones which are members of Shanghai Cooperation Organization (or Shanghai Pact) and of major trade allies of the U.S. do not want to come under the U.S. pressures due to trade with Iran, adding that most countries have the same problem and even neighboring countries like Iraq under the U.S. pressure are not willing to trade with Iran.
Iran Exports to Turkey Up by 53%
Head of Iran-Turkey Joint Chamber of Commerce Mehrdad Saadat says Iran’s exports to Turkey have increased by 53 percent in the first four months of the current year comparing to the same period last year but reiterated that the figure is not considerable because last year due to the pandemic and other problems Iran’s exports to Turkey had declined.
Domestic production of 2 catalysts saves Iran’s petchem sector $70m
Iranian experts succeeded in indigenizing the knowledge for the production of two catalysts used in the petrochemical sector, which saves this sector $70 million.
Water inflow into Iranian dams declines 47% yr/yr
Water inflow into the Iranian dams from the beginning of the current water year (late September 2020) up to September 9, 2021, has decreased 47 percent compared to the previous year’s same period, according to Iran Water Resources Management Company’s data.
Turkey Keen to Boost Ties With Iran
Turkey’s Ambassador to Tehran Derya Ors in meeting with a member of Iranian Parliament National Security and Foreign Policy Commission Mr. Yaghoub Rezazadeh felicitated the new government in Iran and announced his country’s interest to boost ties with Iran.