Tuesday, 20 May , 2025
  • Iran and Russia Eye $10b Trade Target Amid Strengthening Economic Ties 20 May 2025

    Iran and Russia Eye $10b Trade Target Amid Strengthening Economic Ties

    TEHRAN - During a high-level trade delegation to Russia, Samad Hasanzadeh, President of the Iran Chamber of Commerce, Industries, Mines and Agriculture, announced that key infrastructure is being developed to issue certificates of origin for free trade with the Eurasian Economic Union (EAEU). This move is part of a broader strategy to boost bilateral trade between Iran and Russia, with an ambitious target of reaching $10 billion in trade over the next decade.

Iran Welcomes Closer Economic Cooperation with Philippines 29 Oct 2017

Iran Welcomes Closer Economic Cooperation with Philippines

TEHRAN – Iranian President Hassan Rouhani highlighted the importance of relations with the Philippines and said the Islamic Republic welcomes closer cooperation with the Southeast Asian country in all fields, the economy in particular. Speaking at a meeting with the Philippines’ new ambassador to Iran, Wilfredo Santos, in Tehran on Saturday, President Rouhani hailed the […]

Number of Iran’s commercial attachés to increase to 50 29 Oct 2017

Number of Iran’s commercial attachés to increase to 50

TEHRAN – Mojtaba Khosrotaj, head of Iran’s Trade Promotion Organization (TPO), said the country plans to increase the number of its commercial attachés to 50 in near future. As ISNA reported, Khosrotaj noted that Iran currently has 20 commercial attaches in countries which are export destinations for Iranian goods. EF/MA

S. Africa potential exports hub for Iranian products: JCCI president 29 Oct 2017

S. Africa potential exports hub for Iranian products: JCCI president

TEHRAN- President of Johannesburg Chamber of Commerce and Industry (JCCI) Herman Breedt announced that South Africa can act as a hub for exports of Iranian products to other African countries, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Tuesday. In a meeting with ICCIMA Vice President Masoud Khansari, who […]

NIOC to sign 3 oilfield development deals soon 29 Oct 2017

NIOC to sign 3 oilfield development deals soon

TEHRAN – An official at the National Iranian Oil Company (NIOC) said on Tuesday that nominated companies for the development of three Iranian oilfields have been determined and the deals will probably be signed before the end of the current Iranian calendar year (March 20, 2018), ISNA reported. According to Karim Zobeidi, NIOC’s deputy managing […]

Iran to export 10m tons of steel by Mar. 2018 29 Oct 2017

Iran to export 10m tons of steel by Mar. 2018

TEHRAN- Head of Iranian Mines and Mining Industries Development and Renovation Organization Mehdi Karbasian announced that Iran has exported more than four million tons of steel during the first half of the present Iranian calendar year (March 21- September 22, 2018) and the figure will reach 10 million tons by the yearend (March 20, 2018). […]

Inflation rate stands at 8.2% in Iran: statistical center 29 Oct 2017

Inflation rate stands at 8.2% in Iran: statistical center

TEHRAN- The Statistical Center of Iran announced that the inflation rate for the 12-month period ended on the last day of the seventh Iranian calendar month of Mehr (October 22) compared to the same period in the previous year hit 8.2 percent. The figure shows 0.2 percent rise from the inflation rate for the 12-month […]

Transport min. outlines plans for expansion of railway network 29 Oct 2017

Transport min. outlines plans for expansion of railway network

TEHRAN – In a meeting at Management and Planning Organization of Iran on Monday, Transport and Urban Development Minister Abbas Akhoundi outlined the ministry’s programs for expansion of the country’s railway network. As IRNA reported, the minister said 516 kilometers of railroad is going to be built by the end of the current Iranian calendar […]

Exports from SMEs exceeds $1b in 7 months 28 Oct 2017

Exports from SMEs exceeds $1b in 7 months

TEHRAN – The value of exports from Iran’s Small and Medium Enterprises (SMEs) reached $1.1 billion in the first seven months of the current Iranian calendar year (March 21-October 22), IRNA reported. According to Ali Yazdani, the managing director of Iran Small Industries and Industrial Parks Organization, the figure is expected to reach $2 billion […]

Iran-Germany Joint Energy Committee convenes first meeting 28 Oct 2017

Iran-Germany Joint Energy Committee convenes first meeting

TEHRAN – The first Iran-Germany Joint Energy Committee meeting was held in Tehran on Tuesday, Shana reported. Addressing the meeting, Iranian Deputy Oil Minister for International Affairs and Trading Amir Hossein Zamaninia touched upon the two countries’ long history of cooperation and said Iran and Germany have great potentials for mutual cooperation in various areas […]

S. Africa urges Iran to ease visa issuance for its businessmen 28 Oct 2017

S. Africa urges Iran to ease visa issuance for its businessmen

TEHRAN- To stimulate an increase in bilateral trade between the two countries, South African Minister of Small Business Development Lindiwe Zulu requested Iran to ease the visa requirements for South African business-people, BusinessReport reported on Wednesday. The African minister made the remarks on Tuesday during South Africa-Iran Business Forum held on the margins of the […]