Pakistan eyes to continue power imports from Iran
Pakistan’s Minister for Power Omar Ayub Khan says his country is looking forward to boost its existing power cooperation with Iran. During a Monday meeting with Iranian Ambassador to Pakistan Mehdi Honardoost in Islamabad, Ayub Khan said that Pakistan is ready to hold negotiations on the renewal of the agreement on100MW electricity import to Balochistan province. The […]
Iran, Syria explore facilitation of bilateral banking transactions
In a meeting between Central Bank of Iran (CBI) Governor Abdolnaser Hemmati and Syrian Minister of Economy and Foreign Trade Mohammad Samer al-Khalil in Tehran on Monday, the two sides investigated the ways to facilitate banking transactions between Iran and Syria, CBI website published. As reported, establishment of a joint bank was one of the […]
Cargo exports via Azarbaijan railways up by 1.5fold in nine months
Director General of Azarbaijan Railways General Bureau Shapour Arsalani said that export volume of freight through provincial railways company registered a significant 1.5fold increase in nine months of the current Iranian calendar year (March 21 – Dec. 21). Given the above issue, exports of freight from railways of this province rose 1.5 times more as […]
Qazvin 9-month exports rise by 26%
The exports of non-oil commodities from Qazvin province, northern Iran, stood at $514 million during the past nine months through Dec. 21, the deputy governor of Qazvin said. According to Manouchehr Habibi, the figure indicates a 26% growth in terms of value compared with the corresponding period last year. Noting that the industrial province currently […]
Gasoline output to surpass 100m liters/day
Oil Minister Bijan Namdar Zanganeh says the country’s gasoline output will cross 100 million liters per day by the end of the current fiscal (March 20, 2019). Zanganeh said on Monday that the third phase of Persian Gulf Star Refinery (PGSR), in the city of Bandar Abbas, southern Hormozgan province, will go into full swing […]
Non-oil trade nears $66b in 9 months
The value of Iran’s non-oil trade stood at $65.97 billion in the first nine months of the current Iranian calendar year (ended on December 21), according to the latest data released by the Islamic Republic of Iran Customs Administration (IRICA). Iran exported 86.94 million tons of non-oil commodities, worth $33.35 billion, during the mentioned period […]
Agricultural exports up 20%, hit $4.6b in 8 months
Iran exported 4,580 tons of agricultural products worth $4.6 billion in the first eight months of the current Iranian calendar year (started March 21), showing 20 percent and 19 percent rise in terms of weight and value respectively, IRNA quoted Shahrokh Shajari, an official with the Agriculture Ministry, as saying on Saturday. Over the same […]
Shanghai, Babol universities in coop.
Shanghai University and Babol University of Technology have signed a Memorandum of Understanding (MoU) to expand educational interactions and academic exchanges. In a Saturday meeting in Tehran, the representatives of the Iranian and Chinese universities signed an agreement on boosting cooperation between the Electrical Engineering colleges of the two universities. The two sides also discussed […]
Domestic production a focal point in next year’s budget bill
Iranian deputy industry minister announced that in the budget bill for the next Iranian calendar year 1398 (starting on March 21, 2019) specific attention has been paid to domestic production and renovation of domestic industries, IRNA reported on Saturday. “In comparison with the budget bill of 1397, that of the next year allocates more credit […]
Saffron exports up 44% in 8 months on year
Iran exported $252 million of saffron during the first eight months of the current Iranian calendar year (March 21-Novemebr 21), showing 44 percent growth from the figure of the same period of time in the preceding year, according to the director general of Exports Development Department of Ministry of Agriculture. Shahrokh Shajari put the weight […]