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.
The President of Uzbekistan Called for Raising Cooperation Within the ECO to a New Higher Level
The 14th Summit of the Council of Heads of State of the Economic Cooperation Organization (ECO) was held March 4 under the slogan "Regional Economic Cooperation in the Post-Pandemic Era".
Tehran, Kiev Eye Resolving Problems in Way of Bilateral Trade
Chambers of commerce of Iran and Ukraine on Tuesday explored ways to boost trade ties in a webinar where both sides called for removing hurdles in the way of trade.
Iran-Russia Trade Volume Surpasses $1b in 10 Months
The trade volume of Iran and Russia has surpassed $1b in ten months of the current Iranian calendar year which will end on March 20.
Oil Falls With OPEC+ Meeting Hovering Over Tightening Market
Oil plunged as the dollar pared losses ahead of a key OPEC+ meeting scheduled this week that may return more supply back to a fast-tightening market.
President Rouhani inaugurates three national oil projects
Iran's President Hassan Rouhani, via a video conference on Monday, inaugurated three oil projects including, Azar oil field development, Kangan Petro Refining, and Kian Petrochemical plant in Ilam and Bushehr provinces with 5 billion dollars in investment.
Tax on Value Added in Free Zones “Against the Law”
Majlis decision for levying tax on the value-added in the free zones is against the law and the nature of these zones, and it will kill the interest for investment in those zones.











































