Post-sanction Iran able to boost oil output to 6m bpd
Vice President of Russia’s giant Lukoil Company has said Iran is able to quickly boost its oil output to six million barrels per day (bpd) if the U.S. sanctions are lifted, Russian state-owned Tass reported.
Monthly sponge iron export rises 250% year on year
The export of Iran’s sponge iron increased 250 percent during the first month of the current Iranian calendar year (March 21-April 20) as compared to the first month of the previous year, Iranian Industry, Mining and Trade Ministry announced.
Iran, EAEU soon to begin talks over establishing free trade zone
Iran and the Eurasian Economic Union (EAEU) are set to begin negotiations on a full-fledged joint free trade zone in the near future, the press service of the Eurasian Economic Commission (EEC) announced.
3,500 kilometers of roads in rural areas to be asphalted
The head of Iran’s Road Maintenance and Transportation Organization (RMTO) announced that 3,500 kilometers of roads in the country’s rural regions will be asphalted under the framework of “Abrar Plan” by the end of the current Iranian calendar year (March 20, 2022).
Iranian delegation visiting Russia to attend SPIEF 2021
Iranian Energy Minister Reza Ardakanian is visiting Russia on top of a trade delegation to attend the 24th St. Petersburg International Economic Forum (SPIEF 2021), IRNA reported.
Iran to import 140MW of electricity from Turkmenistan
Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi said the country will import 140 megawatts (MW) of electricity from Turkmenistan in a bid to meet domestic power need.
E-commerce contribution to Iran’s GDP rises nearly 2.5 times
The share of e-commerce in Iran’s gross domestic product (GDP) has increased by 2.4 times, Finance and Economic Affairs Minister Farhad Dejpasand announced.
Iran will return to oil market as soon as sanctions are lifted
Iranian Oil Minister Bijan Namdar Zanganeh has said Iran is ready to return to the oil market as soon as the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) is revived and the U.S. sanctions are lifted, Shana reported.
Iran, China establish center for joint cooperation of SMEs
Iran Small Industries and Industrial Parks Organization (ISIPO) and Shanghai International Cooperation Association of Small and Medium Enterprises (SMEs) have launched a center for joint cooperation of the two countries’ SMEs.
Iran’s biggest cement production line inaugurated
Iran’s biggest cement production line was put into operation in northern Alborz Province’s Abyek Cement Complex on Tuesday in a ceremony attended by the Industry, Mining, and Trade Minister Alireza Razm Hosseini, Shata reported.











































