Mining sector records annual positive trade balance
Iranian mining industry has registered a $4.271 billion positive trade balance in the previous Iranian calendar year (ended on March 20), according to the Industry, Mining and Trade Ministry data.
Rouhani orders IRICA to facilitate clearance of basic goods
Iranian President Hassan Rouhani has ordered the Islamic Republic of Iran Customs Administration (IRICA) to take the necessary measures for the clearance of basic goods deposited at the country’s customs.
Tehran, Ashgabat discuss expansion of oil co-op
Managing Director of Iran’s Khazar Exploration and Production Company (KEPCO) Ali Osouli met with Turkmenistan’s Ambassador to Tehran Ahmad Ghorbanov to discuss expansion of cooperation in the oil industry.
Baghdad ready to pay off gas debts to Tehran
Iran and Iraq have reached an agreement on the ways for settling Baghdad’s gas debts to Tehran, Iraqi Electricity Minister Majid Mahdi Hantoush announced after a meeting with Iranian Energy Minister Reza Ardakanian in Tehran on Sunday.
Iran, Turkmenistan Discuss Expansion of Oil Cooperation
Managing Director of Iran’s Khazar Exploration and Production Company (KEPCO) Ali Osouli met with Turkmenistan’s Ambassador to Tehran Ahmad Ghorbanov to discuss expansion of cooperation in the oil industry.
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
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
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
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
Iranian President Hassan Rouhani on Thursday inaugurated three water supply projects as well as a dam in three provinces through vide conference, IRNA reported.