Nearly 10m tons of steel ingots produced in 6 months
Iran’s major steel producers have managed to produce over 9.901 million tons of steel ingots in the first half of the current Iranian calendar year (March 21-September 22), registering a 12-percet decline year on year.
Iranian Company Constructing Yerevan-Tbilisi Transit Bridge
Head of Iran-Armenia Joint Chamber of Commerce and Industry Hervik Yarijanian says an Iranian company is constructing the Yerevan-Tbilisi transit bridge, reiterating that it can improve the pace of transit of goods from Armenia to other countries.
Iran Trade With Neighbors Soars 52% in H1
The value of Iran’s non-oil trade with its 15 neighbors reached $22.588 billion in the first six months of the current Iranian calendar year (March 21-September 22) and the figure showed a 52 percent rise year on year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.
SEO head outlines new strategies, programs for stock market
Head of Iran’s Securities and Exchange Organization (SEO) Majid Eshqi has outlined new strategies and programs for the country’s stock market during his tenure, Mehr News Agency reported.
Tehran-Madrid Trade Declined Due to Sanctions
A member of board of directors of Iran-Spain Chamber of Commerce says Iran’s trade with Spain has declined due to the U.S. sanctions and most of Iran’s exports to Europe are done through the third party countries or intermediaries.
Iranian heavy crude oil price rises 5.3% in September: OPEC
Iranian heavy oil price increased $3.74 in September to register a 5.3-percent rise compared to the previous month, according to OPEC’s latest monthly report published on Wednesday.
Tehran-Islamabad FTA Needs to Be Signed
Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Mr. Gholam-Hossein Shafei during a trade webinar called for signing the free trade agreement between Iran and Pakistan.
Iran Exports to Turkmenistan on Growing Trend
Chairman of Iran–Turkmenistan Joint Chamber of Commerce Majid Mohammadnejad says Turkmenistan is interested in cooperation with Europeans and it can sound a warning to Iran and Turkmenistan’s neighboring provinces.
Tehran Ready to Resume Exports to Riyadh
Director General of Business Development Services at Trade Promotion Organization says Iran is ready to resume exports to Saudi Arabia if the tension between two countries is reduced and their political ties are restored.
IMF Revises Iran Economic Growth Projection to 2.5%
The International Monetary Fund (IMF) has lowered its expectation of Iran’s economic growth for 2021 by 0.7% to 2.5%, according to a latest document published by the Fund