Wednesday, 19 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

Steel exports rise 128% in 3 months yr/yr 17 Jul 2021

Steel exports rise 128% in 3 months yr/yr

Iran's major steel producers exported over 2.78 million tons of steel during the first three months of the current Iranian calendar year (March 21-June 21), which was 128 percent more than the figure of the same period of time in the past year.

Bank loans to economic sectors up over 71% in 3 months 17 Jul 2021

Bank loans to economic sectors up over 71% in 3 months

Iranian banking system has paid 4.976 quadrillion rials (over $118.4 billion) of facilities to domestic economic sectors in the first three months of the current Iranian calendar year (March 21-June 21), registering a 71.3-percent rise from the same period in the previous year, IRNA reported.

Transport, urban development projects worth over $5.1b inaugurated 17 Jul 2021

Transport, urban development projects worth over $5.1b inaugurated

President Hassan Rouhani on Thursday inaugurated several major transportation and urban development projects worth 214.23 trillion rials (over $5.1 billion) across the country through video conferencing, IRNA reported.

Talks for Boosting Iran-Kazakhstan Trade Volume 17 Jul 2021

Talks for Boosting Iran-Kazakhstan Trade Volume

Director of Bureau for the Central Asian Affairs of Iran Trade Promotion organization says due to gradual lifting of pandemic-related restriction and continuation of holding trade events between Iran and Kazakhstan as well as expansion of marine and rail transportation, the trade volume of Iran with the EAEU states and especially with Kazakhstan will enhance this year.

U.S. waivers Iranian oil trade, allowing access to frozen assets in S.Korea, Japan 14 Jul 2021

U.S. waivers Iranian oil trade, allowing access to frozen assets in S.Korea, Japan

The U.S. State Department has waived sanctions on Iran's oil trade allowing the Islamic republic to access its frozen funds in South Korea and Japan to use them for importing goods from the mentioned countries, the Washington Free Beacon reported.

Quarterly tire production rises 10% yr/yr 14 Jul 2021

Quarterly tire production rises 10% yr/yr

The number of tires produced in Iran has risen 10 percent during the first quarter of the current Iranian calendar year (March 21-June 21), compared to the same period of time in the past year.

Exports of medical, edible herbs reach $49m in Q1 14 Jul 2021

Exports of medical, edible herbs reach $49m in Q1

Iran exported 29,000 tons of medicinal, edible, decorative and industrial herbs and plants valued at over $49 million in the first three months of the current Iranian calendar year (March 21-July 21), a senior official at Iran’s Trade Promotion Organization (TPO) said.

Power plant construction permits issued for big industries 14 Jul 2021

Power plant construction permits issued for big industries

The managing director of Iran’s Thermal Power Plants Holding Company (TPPH) announced that the necessary permits for the construction of the power plants were issued for the big industries.

Iran Garment Exports Decline to $60m Per Year 14 Jul 2021

Iran Garment Exports Decline to $60m Per Year

Deputy Head of Tehran's Union of Garment Manufacturers and Sellers says Iran’s garment exports were very considerable in the past but in recent years it has declined.

Tehran to Host Webinar on Iran-Sri Lanka Trade 14 Jul 2021

Tehran to Host Webinar on Iran-Sri Lanka Trade

Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) is to hold a webinar on reviewing trade opportunities of Iran and Sri Lanka on July 29.