Tehran, Vienna Exchange Views on Boosting Trade
Iran and Austria, on Wednesday and in the tenth meeting of the Iran-Austria Joint Committee which was held online, exchanged views on boosting bilateral trade and economic cooperation.
Oil Prices Drop As Traders Take Profits
Speculators have been selling oil over the past two weeks as prices continue higher and the appetite for profit-taking increases.
Italian Embassy in Tehran Holds Virtual Business Forum
The Italian Embassy in Tehran and the Italian Trade Agency (ITA) held a two-day virtual business forum on agricultural machinery on 9-10 March 2021.
Iran’s Blocked Funds in Luxembourg Estimated at $1.7b
A member of the presiding board of the Netherlands-Iran Chamber of Commerce says the amount of Iran’s blocked funds in EU countries is very lower than other countries and he can point to $1.7b of the funds blocked in Luxembourg.
Uzbekistan Eyes Boosting Trade with Iran to $1b
Uzbekistan Eyes Boosting Trade with Iran to $1b. Uzbek Deputy Foreign Minister Furqat Sadiqov in a meeting with the Head of Iran Chamber of Commerce (ICCIMA) expressed hope that the bilateral trade volume would hit $1b in five years.
Another gold price spike ‘is coming’
There is an "over-exuberance" in the financial markets right now with investors piling into assets that don't have any real value, said Barrick Gold CEO Mark Bristow, adding that gold price will see another spike higher.
Central Banks Urged to Boost Barter Trade Between Iran and Armenia
The central banks of Iran and Armenia have been urged to support more of a barter trade mechanism between the two states.
Oil extends gains on OPEC+ supply restraint
Oil prices rose early on Friday, adding to big gains overnight after OPEC and its allies agreed to not increase supply in April as they await a more solid recovery in demand from the coronavirus pandemic.
Tehran Calls for Promotion of Intra-ECO Trade
President Hassan Rouhani called for plans to boost trade exchanges among the Economic Cooperation Organization (ECO) member states, particularly in the post-coronavirus era.
Chabahar to Turn Into a Hub for Petrochemical Products
Iran’s Minister of Road and Urban Development Mohammad Eslami on Thursday said in the near future Chabahar Port will turn into a hub for petrochemical products.