Russia, Iran have potential to increase bilateral trade
Russian-Iranian trade exceeded $1.7 billion in 2018, but the two countries have the potential to increase this indicator, Russian Minister for North Caucasus Affairs Sergei Chebotarev said on Sunday.
Tariff rates of 800 goods shrink in Iran-North Caucasus trade ties
Tariff rates of a number of 800 goods and commodities decreased in business relationship between Islamic Republic of Iran and North Caucasus region.
IRENEX to hold 3rd round of heavy crude oil offering on Tuesday
National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday, Shana reported.
15th Iran-Russia Joint Economic Committee meeting kicks off today
The 15th Iran-Russia Joint Economic Committee meeting and the second Iran-North Caucasus trade conference are due to kick off today in Tehran and Isfahan respectively, IRNA reported.
WB sees impact of U.S. sanctions on Iran ‘wane’ in 2020-21
The World Bank (WB) in its latest world economic outlook report “Global Economic Prospects”, predicts a 0.9 percent growth of gross domestic product (GDP) for Iran in 2020, indicating that the impact of the U.S. sanctions will ease in the mentioned year.
NIOC to offer 2mn barrels of heavy crude at IRENEX on Tue.
The National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday (June 18) at the base price of $59.59 per barrel.
Planning underway to launch new automobile platform in 3 years
Deputy head of Iran’s Industrial Development and Renovation Organization (IDRO) said the planning is underway for establishing a new platform for manufacturing passenger cars in three years, IRNA reported.
Iran’s biggest gas storage center goes on stream in Sarakhs
The biggest gas storage center of Iran was launched in Sarakhs in Khorasan Razavi Province on Fri. in the presence of directors of the National Iranian Oil Company (NIOC), Central Oilfields Company and officials of the Khorasan Razavi province.
1.09mn jobs to be created by Mar. 2020
Some 1.090 million job opportunities are set to be created via implementation of 18 job generation plans by the end of the present Iranian calendar year (March 20, 2020).
Iran exports over $500,000 worth of combine this year
Managing Director of Iran Combine Manufacturing Company (ICM) Ali-Asghar Hamidifar said Wed. that his company exported $500,000 worth of combine harvesters and bailers in the current year (since Mar. 21, 2019).