Tehran-Seoul Trade Hits Record Low in 15 Years
Head of the Iran-South Korea Joint Chamber of Commerce Mr. Hossein Tanhaei says the trade between Iran and South Korea has reached its lower level in the past 15 years.
Economic Growth Without Political Agreement “Unlikely”
Chairman of the Iran-Switzerland Chamber of Commerce believes economic growth of the country without political agreement with the world is unlikely and he welcomed the new 25-year cooperation document with China.
Iran Presses U.S for Guaranteed Relief From Banking Sanctions
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati has revealed that Iran is pressing the United States for a guaranteed relief from sanctions that have targeted the country’s entire banking system in recent years.
Annual export, re-export from Anzali free zone surpasses $188m
The managing director of Anzali Free Zone Organization put the value of export and re-export from this zone at $188.7 million in the past Iranian calendar year (ended on March 20).
Cellphone prices fall 10-15% in Iranian market
The price of some cellphone models has dropped 10-15 percent in Iran in recent days following the drop in U.S. dollar exchange rates, an official with the Iranian Association of Cellphone, Tablet, and Accessories Importers announced on Monday.
Iran’s annual saffron exports exceed $190m
Iranian saffron farmers exported 324.589 tons of products worth over $190 million to 60 foreign destinations during the previous Iranian calendar year (ended on March 20), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.
Lifting banking sanctions a must for nuclear negotiations to succeed: CBI
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Saturday that guaranteed and conclusive lifting of sanctions against the country’s banking system is a priority for Iran in order for the nuclear talks to proceed.
Iran, Italy Call for Cooperation on Trade and Education
The First Secretary and Head of Economic Commission of the Embassy of Italy in Tehran Mr. David Baloni hosted the head of IT Commission of Iran’s Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) and explored ways for cooperation on trade and training and education.
Over 130,000 public transport vehicles to become dual-fuel
The Director of the National Iranian Oil Refining and Distribution Company (NIORDC)’s compressed natural gas (CNG) programs Mohammad-Hossein Baqeri has said that 132,000 public transport vehicles are going to become dual-fueled across the country.
Iran ranks 1st among West Asia’s top electricity producers
Deputy Head of Iran Electricity Industry Syndicate said Iran is currently the region’s top country in terms of power generation with over 85 gigawatts of installed capacity, IRNA reported.