Iran, Iraq stress using national currencies in bilateral trade
Iran and Iraq have stressed the need to use the national currencies of the two countries to enhance mutual trade relations, Mehr News Agency reported.
Iran rises 10 places in terms of economy among 191 countries: IMF
The International Monetary Fund (IMF), in its latest World Economic Outlook Report dubbed “Navigating Global Divergences”, has positively revised its forecast for Iran's gross domestic product (GDP) growth in 2023, expecting the country’s economy to grow 3.0 percent this year.
Iranian oil production reaches 3.4 million bpd
The spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters’ Union said that Iran’s oil production has increased to 3.4 million barrels per day (bpd), despite the U.S. sanctions aimed at curbing oil exports and the associated revenue to Iran’s government.
East Azarbaijan, A Beautiful Tourism Attraction Not to Be Missed
TEHRAN – On October 18-21, Tabriz hosted the 2nd International Tourism Exhibition as well as the 10th National Handicraft Exhibition which was organized by the Union of Tourism Associations of East Azarbaijan with collaboration with Cultural Heritage, Tourism and Handicrafts of East Azarbaijan and the event was aimed at promoting tourism and cultural and handicrafts of the province for attracting more tourists either domestic and foreign ones.
Iran, Russia to invest $38b in developing INSTC
Iran and Russia are going to invest about $38 billion in the development of Trans Caspian shipping lines as part of the International North-South Transport Corridor (INSTC), Iran’s Maritime News Agency (MANA) reported.
Export from Chabahar free zone rises 40% in H1
The deputy managing director of Chabahar Free Zone Organization (CFZO) said that export from this zone rose 40 percent during the first six months of the current Iranian calendar year (March 21-Septemebr 22), as compared to the same period of time in the past year.
Kyrgyzstan requests Iran’s help in building power plant, refinery
During a meeting with Iran’s First Vice President Mohammad Mokhber in Bishkek on Wednesday, Kyrgyz Prime Minister Akylbek Japarov requested Iran to help his country build power plant and refinery.
Iran’s sponge iron export increases 180%
The export of Iran’s sponge iron increased by 180 percent during the first six months of the current Iranian calendar year (March 21-September 22), as compared to the same period of time in the past year, the Iranian Steel Producers Association (ISPA) announced.
Iranian transport minister visits Armenia to pursue expansion of ties
Iranian Transport and Urban Development Minister Mehrdad Bazrpash traveled to Armenia on Monday to meet the country’s senior officials and discuss ways of expanding trade and transit ties between the two countries, IRNA reported.
Tariffs on Russian trades to go zero by late March 2024
Tariffs on different goods being traded between Iran and the Russian Federation are going to become zero by the end of the current Iranian calendar year (late March 2024), an official with the Iran-Russia Joint Chamber of Commerce said.