TEHRAN (Iran News) – Chinese Deputy Foreign Minister Ma Zhaoxu has called on European countries to expedite the INSTEX trade mechanism implementation for Iran while urging the US to return to the nuclear deal and lift sanctions against Iran. He made the remarks on urging parties to expedite INSTEX implementation in a joint press conference […]

TEHRAN (Iran News) – An Iranian business leader says Iran exports to neighboring Iraq have decreased over the past two months amid escalated protests across the Arab country. Seyyed Hamid Hosseini, who serves as the secretary-general of Iran-Iraq Joint Chamber of Commerce, said on Saturday that the total value of Iran exports to Iraq between […]

TEHRAN (Iran News) – Uzbekistan is geared up to increase direct flights from Iran, said Uzbek Ambassador to Iran Bahador Abdullayev in a business forum in Tehran. The business forum was attended by officials from Zagros Airline as the operator of Tehran-Tashkent direct flights which will take place on Mondays. Talking on the tourism potentials […]

TEHRAN (Iran News) – Iranian Energy Minister Reza Ardakanian said the biggest wind farm in Iran is slated to be inaugurated in the northwestern city of Mianeh, East Azarbaijan Province, during President Hassan Rouhani’s ongoing visit to the province. Speaking to reporters on the sidelines of a cabinet session in Tehran on Wednesday, Ardakanian said […]

TEHRAN (Iran News) – Iranian steelmakers made 21.52 million tons of crude steel output during the first 10 months of 2019, marking a 6.2-percent increase compared to corresponding figure of 2018, which was 20.26 million tons. According to figures released by the World Steel Association (WSA) on Tuesday, Iran made it to 2.2 million tons […]

TEHRAN (Iran News) – Iranian officials plan to manufacture $11 billion worth of domestic products in the next couple of years to replace some imports. The Iranian companies aims to produce electrical, automobile and telecommunications commodities, and double exports to neighboring countries in order to reach a target value of $48 billion products to replace […]

TEHRAN (Iran News) – Seventeen Iran-made medicines, containing high-tech drugs, will be exported to Russia, Mohsen Asadi Lari, director of international cooperation at the Ministry of Health, has announced. Since last year, negotiations are underway with the Russian Ministry of Health for medicine trade, he said, adding that a meeting was also held in Moscow […]

TEHRAN (Iran News) – President Recep Tayyip Erdogan called on Turks to convert their foreign currency to Turkish lira, asking them to “leave the dollar”. “Leave the dollar and the rest. Let’s convert to our money, the Turkish lira. The Turkish lira doesn’t lose value anymore. Let’s show our patriotism like this,” Erdogan said, World […]

TEHRAN (Iran News) – Oil Ministry announced on Tuesday that after the implementation of gasoline rationing scheme, consumption droped by 19 million liters per day in Iran. In a time span from November 15 to 24, Iranians consumed 79 million liters of gasoline daily, while their consumption stood at 98 million liters per day from […]

TEHRAN (Iran News) – Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht said that Iran’s after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale. Nobakht said on Monday that non-oil exports to 15 neighboring and […]