Head of Iran’s Trade Promotion Organization (TPO) in meeting with members of chamber of commerce and some traders of Tver Province of Russia called for enhancing trade between the province and its counterparts in Iran by removing hurdles.

Head of Iran Trade Promotion Organization (TPO) Mr. Hamid Zadboum in the meeting with the new Ambassador of Brazil to Tehran Laudemar Goncalves de Aguiar Neto pointed to the opportunities for the both sides regarding the enhancement of trade exchanges and emphasized the significance of bartering trade between the two states.

Head of Iran Trade Promotion Organization says China, Iraq, the UAE, Turkey and Afghanistan have been the major destinations for Iran’s exports in the first quarter of the year as these five countries accounted for 74 percent of Iran’s total export in this period.

The deputy head of Iran Small Industries and Industrial Parks Organization (ISIPO) has said the country’s industrial parks currently lack 8,000 megawatts (MW) [eight gigawatts] of electricity which could be provided through small-scale power plants.

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.

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.

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.

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.

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.

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.