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.
Baku Eyes Expanding Trade With Tehran
New Azerbaijan Republic Ambassador to Iran upon his arrival and in the city of Ardabil met officials of Ardabil province and called for expansion of trade with Iran.
‘Renovation of shipping fleet a necessity for Iranian maritime trade’
The Secretary of the Iranian Merchant Mariners Syndicate (IMMS) Saman Rezaei has said buying new ships and the renovation of the country’s existing maritime fleet is an important necessity for developing the maritime trade.
Bank loans to economic sectors up over 51% in 5 months
Iranian banking system has paid 9.007 quadrillion rials (over $214.47 billion) of facilities to domestic economic sectors in the first five months of the current Iranian calendar year (March 21-August 22), registering a 51.3-percent rise from the same period in the previous year, IRNA reported.
Vietnam Urged to Use Alternative Financial Avenues in Trade With Iran
Head of International Affairs of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Mohammad Reza Karbasi in meeting with new and outgoing commercial attaches of Vietnam in Tehran criticized the considerable decline in the economic relation of the two countries and urged Vietnam to use alternative financial avenues in trade with Iran to boost it.
Iran, Lebanon discussing preferential trade agreement
Director-General of Iranian Trade Promotion Organization (TPO)’s Office of Arabian and African Countries has said Iran and Lebanon are discussing a preferential trade agreement between the two countries.
Iran Exports to ASEAN Up 48%
Secretary of ASEAN desk at the Iran Trade Promotion Organization says Iran’s exports to the ASEAN countries in the first five months of the current year have increased by 48 percent.
Iran Accounts Only for 0.5% of Russia’s Imports
Chairman of Iran-Russia Joint Chamber of Commerce says Russia’s import needs in the food stuff and agro products are valued at 70b euros while Iran only provides Russia with an insignificant volume of 0.5% of its needs.