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.

Iran Non-Oil Foreign Trade Hits Record Low in a Decade 03 May 2021

Iran Non-Oil Foreign Trade Hits Record Low in a Decade

President of Institute for Trade Studies and Research (ITSR) says the value of Iran’s non-oil foreign trade has slumped to its lowest level in the past decade as the country needs the removal of sanctions.

Tehran, Baghdad Reach Agreements in Supplying Energy 03 May 2021

Tehran, Baghdad Reach Agreements in Supplying Energy

Iraq’s electricity minister said that Iran and Iraq had reached agreements in supplying energy, electricity, and gas for Iraq.

Iran-EU Trade Drops by 10% in First Two Months 02 May 2021

Iran-EU Trade Drops by 10% in First Two Months

Iran’s trade with European Union (EU) countries has declined by 10 percent in the first two months of 2021 comparing to the same period in 2020 as they traded €704 million worth of goods and commodities during January and February.

Iran Has Frozen Assets in 21 Countries 02 May 2021

Iran Has Frozen Assets in 21 Countries

Iranian-born economic adviser to the European Union Mehrdad Emadi believes Iran’s major deposits and blocked money are in Russia as the country transferred over $31b of its money into the Russian banks and in return it received Russian currency roubles which was a strange move which led to decline of its value by 40 percent.

development projects worth over $619m inaugurated 01 May 2021

development projects worth over $619m inaugurated

Iranian President Hassan Rouhani on Thursday inaugurated three water supply projects as well as a dam in three provinces through vide conference, IRNA reported.

Tehran, Ankara Seek Materializing $30b Trade 29 Apr 2021

Tehran, Ankara Seek Materializing $30b Trade

Head of Iran-Turkey Joint Chamber of Commerce Mehrdad Saadat Dehghan says the condition for holding a permanent fair has been readied as Iran and Turkey are seeking materialization of their $30b trade target.

China Has Given Iran 850,000 Doses of COVID-19 29 Apr 2021

China Has Given Iran 850,000 Doses of COVID-19

Chairman of Iran-China Chamber of Commerce and Industries says China has given Iran some 850,000 doses of COVID-19 vaccines for free, reiterating that Iran’s Ambassador to Beijing is trying hard to provide more vaccines.

Trader says Iran not worried about billions of dollars held in Iraq 28 Apr 2021

Trader says Iran not worried about billions of dollars held in Iraq

In the past, officials in Baghdad have said there is no easy substitute to imports from Iran because it will take years to adequately build up Iraq’s energy infrastructure.

Senior officials gather to discuss supporting stock market 28 Apr 2021

Senior officials gather to discuss supporting stock market

Senior Iranian officials gathered at the country’s parliament on Tuesday to explore ways for supporting the stock market and resolving its current issues, IRNA reported.

Iran-Japan Non-Oil Trade Slumps to $300m 28 Apr 2021

Iran-Japan Non-Oil Trade Slumps to $300m

Chairman of Iran-Japan Joint Committee of Commerce says the non-oil trade between Iran and Japan is around $300m despite a good and historic relation between the two countries.