Report Says Iran Removed India from Railway Project
An Indian newspaper said Iran has decided to remove India from a partnership on a key railway project that is being constructed in southeastern Iran.
Iran, Malaysia to Finalize Preferential Tariff Contract
Iran and Malaysia agreed on July 15 to finalize a previously signed preferential tariff contract and hold a meeting of the joint economic commission.
Selected Industrial Productions Raised in Q1
Statistics of the Ministry of Industry, Mine, and Trade indicate that selected industrial productions registered a hike in the first three months.
Iranian Minister Talks of 5 Years Plan for Doubling Railway Network
Iran’s roads and urban development minister said the length of the country’s railway network will double in the next five years.
Iran, Russia Talk on Customs Cooperation
Iran Ambassador to Moscow Kazem Jalali held talks with Deputy Head of Federal Customs Service of Russia Vladimir Vladimirovich Ivin on customs cooperation.
Kuwait Oil Budget Cut by 25%
State-owned Kuwait Oil Company announced a 25 percent reduction in its budget for the next five years.
30% Share of Afghanistan’s Import Market Belongs with Iran
Iran has a 30 percent share in Afghanistan’s import market, said the chairman of the Iran-Afghanistan Joint Chamber of Commerce.
Nearly 60 FDI Plans Approved in Q1
In the first quarter of the current Iranian year (March 20-June 20), 58 foreign direct investment (FDI) plans worth $832.6 million were approved in Iran.
Chabahar-Zahedan Railroad to Create Capacity for Goods Transit
The inauguration of the Chabahar-Zahedan railroad, in southeastern Iran, will create an $80-billion capacity for goods transit.
Daily Production of Face Masks Exceeds 6.5mn
Deputy Ministry of Industry, Mine and Trade for Industrial Affairs said that the daily production of face masks in the country has currently exceeded 6.5 million.