Iran, Syria discuss expansion of monetary, banking relations
During a meeting between the governor of the Central Bank of Iran (CBI) and the Syrian prime minister in Damascus, the two sides explored the ways to expand monetary and banking relations between the two countries.
Iran’s Maku Free Zone, a connecting link between Asia, Europe
As Iran’s largest free zone, Maku stands at the juncture between Asia and Europe and has great potential to become a hub for exporting agricultural and foodstuff products from east to west.
Iran becomes a member of AHAC board of directors
Iran has become a member of the board of directors at the Association of Halal Certifiers (AHAC), IRNA reported.
Iran’s crude steel output exceeds 25m tons in 10 months: WSA
Production of crude steel in Iran reached 25.1 million tons in the first 10 months of 2023, registering a 0.1 percent decline as compared to the same period of time in the past year, according to the latest report released by the World Steel Association (WSA).
Annual production of road construction, mining machinery rises 100%
Manufacturing of road construction and mining machinery in Iran has increased by 100 percent in the previous Iranian calendar year 1401 (ended on March 20), an official with the Industry, Mining, and Trade Ministry said.
Monthly electricity generation from renewable sources increases 17%
The electricity generated by Iranian renewable power plants in the seventh Iranian calendar month of Mehr (ended on October 22) increased by 17.4 percent compared to the previous month, IRNA reported.
Iran-EAEU FTA to be signed in near future
The Islamic Republic of Iran and the Eurasian and Economic Union (EAEU) are going to sign a long-awaited free trade agreement (FTA) in the coming month and the FTA could go operational in the next Iranian calendar year (begins in late March 2024), an official with Iran’s Trade Promotion Organization (TPO) said.
Iran aiming to boost trade with Pakistan by establishing free zones, trade centers
The Islamic Republic of Iran is aiming to expand its economic and trade relations with Pakistan through establishing joint free zones and trade centers with the country, IRIB reported.
Iran, Turkmenistan begin drafting comprehensive economic co-op document
The head of Iran’s Trade Promotion Organization (TPO) has announced the beginning of drafting a comprehensive economic cooperation document between the Islamic Republic and Turkmenistan, IRIB reported on Sunday.
Iran’s wheat production rises 6% in 2023: report
–Wheat production in Iran has increased by six percent in 2023, putting the Islamic Republic in 14th place among the world’s top producers of the strategic grain, according to the United States Department of Agriculture (USDA)’s World Agricultural Production report.