India will not completely halt Iranian oil imports and will finalize its strategy on crude purchases from Tehran after a meeting with top U.S. officials next week, a senior government official said. U.S. Secretary of State Mike Pompeo and Defense Secretary Jim Mattis will hold high-level talks with India’s Foreign Minister Sushma Swaraj and Defence […]

 Iran produced 98,800 tons of red meat during spring of this year which was the first quarter of current Iranian calendar year (March 21-June 21). The figure shows eight percent decrease compared to the figure of last year’s first quarter. A total of 429,000 tons of red meat were produced in Iran’s officially registered slaughterhouses […]

French Finance Minister Bruno Le Maire said that France and Germany are cooperating to create financing mechanisms in order to bolster Europe’s sovereignty and sidestep US sanctions against a host of countries, including Iran. “With Germany, we are determined to work on an independent European or Franco-German financing tool which would allow us to avoid […]

TEHRAN- Iran’s Industrial Development and Renovation Organization (IDRO) and Australia’s Avass Group signed a memorandum of understanding (MOU) for the joint manufacturing of electric cars and motorcycles in Iran, the website of IDRO reported. Based on the NOU which was signed in Tehran on Monday the Australian side will transfer related technology to Iran and […]

TEHRAN – With New Delhi exploring different available options to maintain its bilateral ties with Iran in the face of draconian U.S. sanctions, a London-based international law firm has said that Iran’s major energy consumers like India and China have given expressed inclination to find a way to go around the American sanctions and keep […]

 Spokesperson for the Energy Commission said Tue. that all equipment and investment by Total in developing Iran’s South Pars project will remain in the country despite the French energy giant’s exit. Asadollah Gharehkhani, Spokesperson for the Energy Commission at Iran’s Parliament, said Total terminated a contract to develop Phase 11 of Iran’s South Pars energy […]

 Islamic Republic of Iran will mend and drill Iraqi oil wells in Basra and Zubayr regions. A Memorandum of Understanding (MoU) was inked between National Iranian Drilling Company (NIDC) and Iraqi Osool Al Ayan Company with the aim of drilling and repairing oil wells in Iraq’s southern regions of Basra and Zubayr. Deputy CEO of […]

 Iranian mining sector is expecting new projects to be completed by the end of March 2019 with an investment tally of $5.5 billion. According to what Iranian ministry of industry, mine and trade has announced since March 2018 IMIDRO (Iranian Mines and Mining Industries Development and Renovation Organization) and Iranian private-owned companies have opened three […]

TEHRAN – Some 3,650 agriculture projects worth 19 trillion rials (nearly $450 million) are going to be inaugurated across the country during the Government Week (August 24-30), IRIB reported on Sunday, citing the portal of the Ministry of Agriculture. The projects cover a variety of areas including water, soil and infrastructure, livestock and poultry, complementary […]

Abdul Basir Salangi, the provincial Governor of Farah Province of Afghanistan, says that the transfer and transit of goods to Afghanistan through Iran should be eased and facilitated. Abdul Basir Salangi, Governor of Farah province in Afghanistan, called for examining and removing the barriers impeding the transfer of goods to Afghanistan. The Afghan official made the […]