With the arrival of scorching summer, power outages have become frequent in Iran. Low precipitation, which its effects are seen in every part of the country, has exacerbated the situation.

Iran shares borders with fifteen countries, namely the United Arab Emirates (UAE), Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia. Expansion of trade with these neighbors, specially increasing non-oil exports to them, is one of the major plans that the Iranian government is now pursuing.

Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Mr. Gholam-Hossein Shafei met visiting Head of Union of Industrialists and Entrepreneurs of Kyrgyzstan Mr. Danil Ibrayev and during the meeting both sides called for reinforcing the rail route of south to north from Bandar Abbas to Sarakhs and to the EAEU states.

ead of Iran’s Trade Promotion Organization Hamid Zadboum said that holding the first Eurasia Expo in Iran is a good opportunity to facilitate free trade talks with members of the Eurasian Economic Union.

A Trade Delegation from Iran’s East Azarbaijan Province traveled to Baku on Tuesday for a three-day visit to the neighboring country, during which they expressed Iran’s readiness for participating in Azerbaijan’s economic projects.

Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), in a letter to President Hassan Rouhani, has called on the government to extend the tax payment due dates for legal entities to September 22.

Loading and unloading of goods in the ports of Iran rose seven percent during the first quarter of the current Iranian calendar year (March 21-June 21), as compared to the first quarter of the previous year, the deputy head of Iran’s Ports and Maritime Organization (MPO) announced.

Iran’s first exclusive Eurasian Economic Union (EAEU) exhibition, which is a platform to showcase the capabilities of the EAEU members and their Iranian counterparts opened at Tehran Permanent International Fairgrounds on Friday, IRIB reported.

Head of Iran Headquarters for Combating the Smuggling of Commodities and Foreign Currency has said 90 percent of the cigarettes consumed in the country are produced domestically, IRIB reported.

Deputy Head of Iran-Iraq Joint Chamber of Commerce says statistics show that Iran’s exports to Iraq in the last month of Iranian calendar year, Khordad, soared from $950m to $2.350b and it was almost doubled and this rise is not normal and it seems major part of exports belongs to gas revenues whose bill and payment in several months has been accumulated in the last month statitics.