Trade balance in free, special economic zones hits $80bn in five years
The trade balance in free and special economic zones of the country hit $80 billion in five years.
Intl. North–South Transport Corridor meeting kicks off in Tehran
The seventh Coordinating Council meeting for the International North–South Transport Corridor (INSTC) has kicked off in Tehran with representatives from 14 countries in attendance.
Asia’s Iran Crude Oil Imports to Nearly Double in February
Asia’s crude oil imports from Iran dipped in January to the lowest in two months after top buyers China and India slowed down purchases and as Japan recorded zero imports for a third month, government and trade data showed.
Iranian Official: Efforts Underway to Address Economic Woes
Head of Iran’s Plan and Budget Organization Mohammad Baqer Nobakht said efforts are underway to deal with the tough conditions caused by the cruel US sanctions.
Tehran to host Intl. North–South Transport Corridor meeting
Iran is to host the 7th coordination council and the North South Corridor ministerial meeting on March 4 -5 in Tehran.
Iran’s fish production at 1.2 million tons per annum
Currently, Iran grows and produces 1.2 million fish and shrimp per year, Nabiollah Khoun Mirzaei, a deputy minister of agriculture said on Saturday.
Asia’s Iran crude oil imports to rebound in February
Asia’s top four buyers of Iranian crude - China, India, Japan and South Korea - imported a total 710,699 barrels per day of crude from Iran in January, 49 percent lower than the same month in 2018, but it is more likely that Iran's oil export to these countries would double in Feb. 2019, the data collated by Thomson Reuters showed.
Maintaining limited banking ties with foreign banks, ‘essential’
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said on Friday that the country should maintain its limited banking ties with foreign banks.
Indian, Afghan investors welcome investing in Chabahar port
Deputies transport ministries of India, Afghanistan and Iranian Minister of roads and Urban Development Mohammad Eslami revealed the high welcome of Indian and Afghan investors for investing in Chabahar port. He made the remark on Tue. at the closing ceremony of International Confernece on the Development of Chabahar Port and said, “today, we are witnessing […]
Iran, Japan to launch bilateral banking activities: envoy
Japanese ambassador to Tehran Mitsuo Saito said that Iran and Japan will soon start bilateral banking activities. He made the remarks Tuesday in a meeting with Governor of the Central Bank of Iran (CBI), Abdolnaser Hemmati, in Tehran. Despite the re-imposition of sanctions by the US, Japanese companies operating in Iran have continued their activities […]