Joint logistics companies key to boost North-South Corridor’s capacity
Iran’s Roads and Urban Development Minister Mohammad Eslami called on the member states of the International North-South Transport Corridor (INSTC) to establish joint logistics companies to increase the Corridor’s transportation capacity.
Goods transit through Iran grows by 14%
Iran's transportation sector posted a total of $2.905 billion in revenue through the land, marine, and air transit of oil and non-oil commodities during the first 10 months of the current fiscal (through Jan. 20).
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.