TEHRAN- Mauritius’ Minister of Foreign Affairs, Regional Integration and International Trade Seetanah Lutchmeenaraidoo and the Ambassador of Iran to Mauritius Mohammad Moniri Nik in Port Louis discussed expansion of cooperation on trade and economic exchanges as well as cultural, tourism and education sectors, bunkerspot.com reported on Thursday. As accorded, the two countries’ chambers of commerce […]

TEHRAN- The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) signed a memorandum of understanding on mineral cooperation and exchange of technological data and knowledge with Czech Ministry of Industry and Trade, the official website of IMIDRO reported on Monday. The MOU was signed in a meeting in Tehran between IMIDRO Managing Director […]

KHARG- Kharg, a strategic island in Iran’s territorial waters in the Persian Gulf, is of high economic significance for the country as it is home to Iran’s biggest oil export terminal, accounting for about 98 percent of the country’s crude exports. The T-Jetty in the southeast of the island can berth VLCCs (very large crude […]

TEHRAN- The forum of Iran’s trade opportunities in Tunisia was held at the place of Iranian Ministry of Industry on Monday, IRNA reported. Afshar Fathollahi, a deputy in the named ministry, described the goal of this forum as making Iranian businessmen, industrialists, and producers familiar with the Tunisian untapped market.    “Iran has expansion of […]

TEHRAN- Transit of goods via Iran rose 27 percent during the first six months of the current Iranian calendar year (March 21-September 22) compared to the same period of time in the past year, according to a transport official. Reza Nafisi, director general of Transit and International Transportation Department in Iran Road Maintenance & Transportation […]

TEHRAN – Central Bank of Iran (CBI) and Economic Cooperation Organization (ECO) Trade and Development Bank signed a memorandum of understanding (MOU) on bilateral cooperation on Monday. According to IRNA, the MOU was signed by ECO bank’s Vice President Burhanettin Aktas and Hossein Yaqoubi, the director general of CBI’s International Affairs Department, in Ankara. The […]

U.S. President Donald Trump plans to “decertify” the Iran nuclear deal – known as the Joint Comprehensive Plan of Action (JCPOA) – by an October 15 deadline, as he claims that Iran has not “lived up” to the spirit of the deal. As a matter of fact, it is very difficult to guess what is […]

TEHRAN – Iran’s crude oil exports to key markets like China were boosted in September while shipments from rival Saudi Arabia lowered, Bloomberg reported on Tuesday. Iran’s exports rose to 2.28 million barrels a day, the most since February, according to ship-tracking data compiled by Bloomberg. Saudi Arabia’s exports were 6.68 million barrels a day, […]

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said a package of investment to the tune of $5 billion has been prepared aiming to boost the country’s oil output within the next two years. Zanganeh said the fund will be allocated to repair operations in the existing oil wells and also digging new wells. The […]

TEHRAN- The 6th Annual Exhibition and Conference on Investment Opportunities in Iran’s Mines and Mining Industries (MINEX 2017) kicked off in Tehran on Tuesday with participation of 255 Iranian and foreign companies, IRIB news reported. As reported the attending companies include 200 Iranian and 55 foreign ones from 15 countries such as Germany, France, China, […]