Saturday, 26 April , 2025
  • Iran, Russia Strengthen Ties Through North-South Corridor and Energy Cooperation 26 Apr 2025

    Iran, Russia Strengthen Ties Through North-South Corridor and Energy Cooperation

    TEHRAN - Iran and Russia are accelerating efforts to deepen bilateral cooperation, focusing on strategic transit routes, gas transportation, and trade development. Speaking at the 18th session of the Iran-Russia Permanent Commission for Economic Cooperation, Iranian Ambassador to Russia Seyed Kazem Jalali highlighted what he called a “golden era” in relations between the two neighboring nations.

Iran’s defense ministry commits to building 2.8 MW of solar, wind plants 04 Jan 2025

Iran’s defense ministry commits to building 2.8 MW of solar, wind plants

Iran’s Deputy Defense Minister for Industrial Research Affairs Afshin Naderi Sharif has announced that the ministry will cooperate with the Energy Ministry of Energy to build power plants to produce 2.8 MW of solar and wind energy across the country.

Gasoline Production to Reach 130m Liters Per Day 04 Jan 2025

Gasoline Production to Reach 130m Liters Per Day

TEHRAN - The Deputy Minister of Oil announced an upcoming 1,000-kilometer expansion of crude oil and oil product pipelines across the country. By the end of this year, the total pipeline length will increase from 14,000 kilometers to 15,000 kilometers.

Uzbekistan-Iran Trade Reaches $500 Million 04 Jan 2025

Uzbekistan-Iran Trade Reaches $500 Million

TEHRAN - In a meeting with the Governor of Mazandaran, Uzbek Ambassador Fariduddin Nasriyev emphasized the potential for strengthening trade relations between Mazandaran Province and Uzbekistan.

Uzbekistan-Iran Trade Reaches $500 Million 04 Jan 2025

Uzbekistan-Iran Trade Reaches $500 Million

TEHRAN - In a meeting with the Governor of Mazandaran, Uzbek Ambassador Fariduddin Nasriyev emphasized the potential for strengthening trade relations between Mazandaran Province and Uzbekistan.

No Exports of Technical and Engineering Services to Syria 01 Jan 2025

No Exports of Technical and Engineering Services to Syria

TEHRAN - Ali Naqavi, head of the Technical and Engineering Services Commission at the Iran Chamber of Commerce, detailed the latest developments in Iran’s export of technical and engineering services. He emphasized that despite the country’s significant potential in this sector, actual exports fall drastically short.

Iran-Pakistan Trade Opportunities Discussed 01 Jan 2025

Iran-Pakistan Trade Opportunities Discussed

TEHRAN - The Head of Iran’s Trade Promotion Organization (TPO), alongside senior officials, emphasized strengthening trade ties with Pakistan during a meeting focused on export opportunities in sectors such as oil, gas, petrochemicals, polymers, and plastics.

Iran to reassess FATF bill at Expediency Council, says Pezeshkian 01 Jan 2025

Iran to reassess FATF bill at Expediency Council, says Pezeshkian

Iranian authorities will once again review the Financial Action Task Force (FATF) bill at the Expediency Council, President Masoud Pezeshkian announced in response to concerns raised by members of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) regarding obstacles for economic actors.

Opportunity for 2.5-Fold Growth in Trade with the Eurasian Union 31 Dec 2024

Opportunity for 2.5-Fold Growth in Trade with the Eurasian Union

TEHRAN - The head of Iran’s Trade Promotion Organization (TPO), Mohammad Ali Dehghan Dehnavi, announced that a preferential trade agreement between Iran and the Eurasian Economic Union (EAEU) over the past five years has paved the way for a 2.5-fold increase in trade with member countries.

Iran appoints new representative to OPEC 31 Dec 2024

Iran appoints new representative to OPEC

Iranian Oil Minister Mohsen Paknejad has appointed Ali Mohammad Mousavi as Iran’s governor to the Organization of the Petroleum Exporting Countries (OPEC).

$80b Expected to Be Transacted  in Commercial Currency Market 31 Dec 2024

$80b Expected to Be Transacted in Commercial Currency Market

TEHRAN - The Governor of the Central Bank of Iran announced that transitioning all official foreign exchange needs to the commercial currency market is feasible. He estimated that with the launch of the commercial forex system, nearly $70 to $80 billion in transactions could take place in this market annually.