Joint Car Production Helps Unifying ECO Members
The joint production of a new automobile under the brand name ECO, at Iran’s proposal, by the member states of the Economic Cooperation Organization (ECO) could prepare the ground for greater unity and cooperation in the bloc.
Nord Stream 2 to Cut Europe Gas Prices by 25%
European prices for natural gas would drop by about one quarter if the Nord Stream 2 pipeline connecting Russia to Germany were completed.
Envoy: Iran Pursuing Developing Economic Ties with Azerbaijan
Iran’s newly-appointed Ambassador to the Republic of Azerbaijan Seyyed Abbas Mousavi said on Thursday that boosting economic ties between Tehran and Baku is a high priority for Iran.
Iraq to Start Construction of Railway Link to Iran
A senior Iraqi official said that work for a key rail link connecting the country to neighboring Iran will begin in the very near future.
Spanish Airbus Employees Protest Layoff Plan
Thousands of Spanish Airbus (AIR.PA) employees gathered outside a factory near Madrid to protest against a restructuring plan that will see hundreds of jobs lost.
Iranian President Urges for Extraterritorial Cultivation
Iranian President Hassan Rouhani called for projects on extraterritorial cultivation of agricultural products.
Iran Says Deals to Rehabilitate, Develop Iraq Power Grid Finalized
Iran and Iraq have finalized two deals to rehabilitate and develop the power grid of Iraq, IRNA cited the Iranian Energy Minister.
Over 2.7m Tons of Agricultural Products Exported: Iran Customs
Iran exported over 2.7 million tons of agricultural products worth $1.69 billion during the first four months of the current Iranian year.
Iran Exported $154m Worth Pistachio in Q1: IRICA
Iran exported 21,720 tons of pistachios worth over $154.1 million during the first three months of the current Iranian year
Rouhani: Iran to Use Foreign Assets Held Abroad to Balance Market
Iran President Hassan Rouhani unveiled plans to use the foreign currency reserve assets held in other countries in order to balance the currency prices at home.