TEHRAN – Iran and Finland are going to sign a comprehensive agricultural cooperation agreement in the near future, IRIB reported on Tuesday. The decision was announced during a meeting between the Finnish ambassador in Tehran Keijo Norvanto and the Iranian deputy agriculture minister Houman Fathi. The two sides agreed to cooperate in various areas, including […]

TEHRAN – Knowledge economy, which has taken shape in Iran since 2011, is considered as an engine for economic development, the deputy science minister has said. Masoud Boroumand made the remarks during a ceremony held at the Gilan Science and Technology Park (GSTP) in the northern city of Rasht on Monday, IRNA reported. Technology and […]

Iranian Oil Minister Bijan Namdar Zanganeh said French energy giant Total has a time limit of 60 days to negotiate with the US about its major deal on the development of Iran’s South Pars gas field. Zanganeh said Total and the French government can hold talks with the US in the next two months to […]

TEHRAN- Iran’s Privatization Organization (IPO) published the list of the enterprises that their shares are planned to be transferred to the private sector by the end of current Iranian calendar year (March 20, 2019), Tasnim news agency reported. The list was approved by the Divestiture Board of the IPO on May 6. IPO has transferred […]

TEHRAN – Islamic Republic of Iran Railways (IRIR) scrapped 615 worn-out passenger wagons last year, IRNA reported on Monday quoting an IRIR official. According to Mojtaba Tafaghodi, IRIR’s deputy director for fleet affairs, by doing so the average age of the IRIR’ fleet of passenger wagons fell by about 10 years, and according to plans, […]

In a new directive issued by the Oil Ministry, bitumen will be exported to other countries as of the beginning of Iranian month of Tir (June 22). After receiving government’s approval in the past month in the field of export of any bitumen (except mineral and export bitumen), the Oil Ministry put compilation of mechanisms […]

TEHRAN- Iran’s gas exports rose 60 percent in the past Iranian calendar year (ended on March 20) compared to its preceding year, a director in National Iranian Gas Company (NIGC) announced. Behzad Babazadeh, the director for international affairs in NIGC, said 13.8 billion cubic meters (bcm) of gas was exported in the past year, IRNA […]

TEHRAN- Iran’s non-oil trade with other countries registered a $942 million positive balance in the two-month period from March 21 to May 21. As reported, the country exported $7.739 billion of non-oil products and imported $6.797 billion of non-oil goods during the mentioned period of time. Non-oil exports indicated 22-percent growth and non-oil imports showed […]

Non-compliance with the Joint Comprehensive Plan of Action (JCPOA) will affect economic cooperation between the parties to the agreement, Zhang Hanhui, director-general of the Chinese Foreign Ministry’s Department of European-Central Asian Affairs, said on Monday. “Given the current situation, if the JCPOA is not further implemented, the normal economic cooperation between the relevant countries will […]

TEHRAN- The value of Iran’s gas condensate exports in the second Iranian calendar month Ordibehesht (April 21-May 21) rose 149 percent from the same month of the past year, according to a customs director. Ahmad Pour-Heidar, the director general of the customs office of Pars Special Economic Energy Zone (PSEEZ), said 1.061 million tons of […]