Tehran, Moscow Working on Using Their Local Banks in Trade
A member of board of directors of Iran-Russia Joint Chamber of Commerce says it is possible for Iran and Russia to use their local banks and currently the banking relation between Iran and Russia is underway, adding that there are different routes for transfer of money but due to the sanctions he cannot go through its details, reiterating that but the money transfer is underway and the idea of using local banks is under study and soon both sides will reach agreements either with the JCPOA or without JCPOA.
China’s Imports of Iranian Oil Hit Record Since 2018
China's imports of Iranian crude oil last year hit a record high since the US imposed sanctions on the Islamic Republic in 2018 with the aim of bringing the country's oil sales down to zero, Bloomberg reports.
Oil, gas condensate output expected to rise 144,000 bpd in next Iranian year
Considering the new resource allocations for the development of the oil industry in the budget bill for the next Iranian calendar year (starts on March 21), the country’s crude oil and gas condensate production is expected to increase by 144,000 barrels per day (bpd) in the next fiscal year.
Official Denies Shortage of Ship for Exports to India
Director of East Hormozgan Maritime and Ports Organization refuted reports that due to lack of ships, exports of agro products have been disrupted and called it a fake and baseless claim.
Iran Opens Five Trade Centers Abroad
Head of Iran’s Trade Promotion Organization (TPO) says Iran has opened five trade centers abroad to boost its foreign trade, adding that the country intends to increase its commercial attaches to 30.
Tehran, Moscow Ties Evolve Into Strategic Partnership
Iran in the south and Russia in the north of the Caspian Sea have strategic access to the world's free zones and open seas.
Iran oil revenues increased significantly in recent months: NIOC head
Head of National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr has said the country’s oil revenues have increased significantly over the past few months and the country has received the payment for all its crude oil sales since the new government administration, Shana reported on Sunday.
Tehran, Ashgabat Trade Volume Exchange up 84% in 2021
The trade volume exchanged between Islamic Republic of Iran and Republic of Turkmenistan in 2021 registered a 84 percent growth.
Iran-Russia 25-Year Cooperation Document Needs Public Approval
Managing Director of Iran-Russia Friendship Association (IRRUFA) says Iran-Russia 25-year cooperation document should not be a document between the two states and it is an operational document that people should accept this 25-year cooperation document with Russia.
IRISL ranks 14th among world’s top 100 shipping lines
Islamic Republic of Iran Shipping Lines (IRISL) is ranked 14th in Alphaliner’s latest list of the world’s top 100 shipping lines published on January 7.