Pakistan Vows to Resolve Trucks’ Problems at Border Crossings
Syed Muhammad Tariq Huda, Head of the Customs Administration of Pakistan, in meeting with Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Gholam-Hossein Shafei vowed to probe the reasons behind stopping Iranian and Pakistani trucks at Pakistan border crossings.
Tehran Calls for Trade With Pakistan With National Currencies
Minister of Agriculture Javad Sadatinejad has proposed that Pakistan and Iran can use their own currencies to resolve problems in the way of conducting trade exchanges.
Major automakers manufacture over half a million vehicles in 7 months
Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 501,635 vehicles during the first seven months of the current Iranian calendar year (March 21-October 22), the data released by Codal website showed.
7 Countries Account for 90% of Iran Foreign Trade
Head of Joint Iran-China Chamber of Commerce says Iran's economy today is at the "most dangerous historical point of inflation in the last four decades" and there is a possibility of a "hyperinflation" and a sharp rise in price of commodities.
Pakistan Seeks Free Trade With Iran
The adviser to the Prime Minister on Commerce and Investment of Pakistan Abdul Razak Dawood says his country seeks free trade, adding that this meeting will be the beginning for resolving problems in the trade between the two states.
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
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
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
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
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.