Tuesday, 24 February , 2026
  • Lahouti Urges Three-Month Deadline for Exporters to Repatriate Currency 23 Feb 2026

    Lahouti Urges Three-Month Deadline for Exporters to Repatriate Currency

    TEHRAN - The head of the Iran Export Confederation has called on authorities to grant greater flexibility to genuine exporters, warning that short deadlines of three to five days for repatriating foreign currency earnings are unrealistic under current economic and sanctions conditions.

OICO inks deal with NPC for operation, maintenance of world’s top ethylene pipeline 13 Sep 2021

OICO inks deal with NPC for operation, maintenance of world’s top ethylene pipeline

Iranian Oil Industries Commissioning and Operation Company (OICO) has signed a deal with the National Petrochemical Company (NPC) for the operation and maintenance of the country’s West Ethylene Pipeline (WEP) which is the world’s largest ethylene pipeline.

Most Countries Do Not Risk Trade With Iran 13 Sep 2021

Most Countries Do Not Risk Trade With Iran

Former Head of Trade Promotion Organization (TPO) Mohammad Reza Modoudi says most of countries like China, Taiwan, Thailand and other ones which are members of Shanghai Cooperation Organization (or Shanghai Pact) and of major trade allies of the U.S. do not want to come under the U.S. pressures due to trade with Iran, adding that most countries have the same problem and even neighboring countries like Iraq under the U.S. pressure are not willing to trade with Iran.

Iran Exports to Turkey Up by 53% 13 Sep 2021

Iran Exports to Turkey Up by 53%

Head of Iran-Turkey Joint Chamber of Commerce Mehrdad Saadat says Iran’s exports to Turkey have increased by 53 percent in the first four months of the current year comparing to the same period last year but reiterated that the figure is not considerable because last year due to the pandemic and other problems Iran’s exports to Turkey had declined.

Domestic production of 2 catalysts saves Iran’s petchem sector $70m 12 Sep 2021

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 12 Sep 2021

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 12 Sep 2021

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 12 Sep 2021

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’ 11 Sep 2021

‘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 11 Sep 2021

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 11 Sep 2021

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.