Iran’s frozen money in Seoul to pay off Korean exports
South Korea’s new Ambassador to Tehran Yun Kang-hyeon has said Iran’s frozen oil money in his country will be used to pay off Korean companies that had previously exported basic commodities to Iran.
$2.7m Covid aid package sent to Sistan-Baluchestan
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has sent 115 billion rials (about $2.7 million) worth of medicine and medical equipment to the southeastern Sistan-Baluchestan Province to help battle the coronavirus pandemic in the region.
Over 46m tons of goods loaded, unloaded at Iran’s ports in 4 months
Some 46.18 million tons of commodities have been loaded and unloaded at Iranian ports during the first four months of the current Iranian calendar year (March 21– July 22), an official with the Ports and Maritime Organization (PMO) announced.
WB sees Iranian economy continuing positive growth until 2024
Iranian economy is projected to grow by 2.1 percent in the current fiscal year (March 2021-March 2022) as the domestic markets are getting back on track and the negative impacts of the coronavirus pandemic begin to wane, according to the World Bank’s Macro Poverty Outlook (MPO) report for spring 2021.
Tehran-Baku Trade Around $500m, Can Be Enhanced
Iran’s former ambassador to Azerbaijan says the volume of the non-oil trade cooperation between Iran and Azerbaijan is around $500m, adding that by launching some projects this figure can increase considerably.
Iran constructs sponge iron production plant for China
Iran’s Mines and Metals Company (MME) has established China’s first gas-based sponge iron production unit using the Persian Direct Reduction (PERED) technology, the portal of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported.
Daily electricity demand in Iran tops 65,000 MW
Daily electricity consumption in Iran is currently over 65,000 megawatts (65 gigawatts), nearly 11,000 MW more than the country’s current power generation, Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi has said.
Quarterly exports to Caspian Sea littoral states nears $329m
The value of Iran’s exports to the Caspian Sea littoral states stood at $328.917 million in the first quarter of the current Iranian calendar year (March 21-June 21), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.
+320,000 tons of copper concentrate produced
Iran produced 320,449 tons of copper concentrate during the first three months of the current Iranian calendar year (March 21-June 21), which was three percent more than the figure for the same period of time in the past year.
S. Korean Big Companies Waiting for Iran Deal With West
New South Korea’s Ambassador to Tehran Yun Kanghyeon in meeting with head of Tehran Chamber of Commerce Mr. Masoud Khansari said major South Korean companies are waiting for Iran’s deal with the West to resume cooperation with Tehran.