Tehran, Ankara Resume Passenger Train Service
Direct train services between the capitals of Iran and Turkey restarted on Wednesday with a passenger train leaving Tehran for Ankara in a 60-hour trip.
RAI, Iran-Venezuela Bi-National Bank ink contract to finance manufacturing wagon
Managing Director of the Islamic Republic of Iran Railways (RAI) Saeed Rasouli on Wed. revealed signing of a contract between RAI and Iran-Venezuela Bi-National Bank to support domestic manufacturing of wagon.
Iranian, Iraqi provinces sign MoU to boost economic ties
Iran and Iraq have signed a memorandum of understanding (MoU) to boost economic interactions between the two countries’ border provinces.
28th HOMEX kicks off in Tehran
The 28th International Exhibition of Home Furniture (HOMEX) kicked off on Tuesday in the presence of deputy ministers of Ministry of Industry, Mine and Trade at Tehran International Permanent Fairground.
Eliminating 4 zero from national currency not to impact inflation rate
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Tuesday that crossing out four zeros from national currency, Rial, will have no impact on inflation rate adding that the central bank is ready to implement the plan.
Negotiations going on with Chinese on expansion of SP phase 11: POGC head
Managing Director of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said that talks are underway with Chinese on development of the Phase 11 of South Pars gas field.
Oil, banking relations Iran’s rights incorporated in JCPOA
The Iranian and French presidents have called for continuation of bilateral consultations to find ways to reduce tensions in the region and secure Iran’s interests as incorporated in the JCPOA.
NIGC to launch 40 gas projects by March 2020
The CEO of the National Iranian Gas Company (NIGC) said some 40 major gas projects would come on stream by the end of the current fiscal year (March 2020).
INSTEX is a bucket with no water, says security comsn. chair
The EU’s trade mechanism for Iran in its current form is like a bucket with no water and is useless to us, says chairman of the Parliament’s national security commission, stressing that Iran would take the third step in cutting JCPOA commitments much firmer than before.
Border trade pivotal in development of S. Khorasan province: 1st VP
In a meeting with representatives’ assembly of eastern South Khorasan province, First Vice President Is’haq Jahangiri named border trade essential for improvement of the province.