Customs Head: Iran to Increase Trade with Turkey
Tehran is ready to increase trade exchanges with Ankara, Head of Iran Customs Administration Mehdi Mir-Ashrafi said on Sunday.
Exports of Steel Hit 1.7m Tons; Iran Reports
Total exports of Iran’s largest steel mill companies hit 1.7 million tons in the first five months of the current Iranian year (March 20- August 21, 2020).
Iran Must Expand Petchem Exports to Handle Future Market Challenges
Iran must gradually shift from exporting crude oil to selling petroleum products and petrochemicals, as it invests in expanding its oil and gas production capacities to handle the future market challenges, said an expert.
Tehran, Bishkek Talk on Expansion of Ties in Moscow
The ambassadors of Iran and Kyrgyzstan to Russia met in Moscow on Sunday to discuss bilateral ties between Tehran and Bishkek.
$2.5b Commodities Exported to Arab States since March: Iran TPO
Iran exported $2.5 billion worth of non-oil commodities to its Arab trade partners during the first five months of the current Iranian year.
Non-oil Cargoes Doubled in Chabahar Port
Loading and unloading of non-oil cargoes increased by 97 percent in Chabahar port in the first five months of the current Iranian year.
US Tech Stocks See Worst Decline since March
US stocks ended a volatile session with major averages mixed, as declines in technology shares continued after a five-month rally came to a halt last week.
Over $2b Commodities Traded in IME
Iran Mercantile Exchange (IME) announced on Saturday that 923,380 tons of commodities, valued at over $2 billion, were traded in its domestic trading and export halls in the week.
New Contractor Picked for Key Railroad Project to Iraq
The Iranian government picked up a new contractor for construction of a key railroad extension into Iraqi territory.
Iranian Power Grid to Connect to Azerbaijan, Russia Grids
Iranian Energy Minister Reza Ardakanian said the country’s electricity network will soon be linked to Russia and Azerbaijan in a couple of months.