Adopting a harsh new approach last week, Trump struck a blow against the 2015 Iran nuclear agreement- known as the Joint Comprehensive Plan of Action (JCPOA). In defiance of other world powers, he decided not to certify that Tehran is complying with the deal. The act aroused a chorus of criticisms among affiliated European leaders […]

TEHRAN- Iran’s light crude oil price fell 50 cents in the week ended on October 13 to settle at $54.81 per barrel, Shana reported on Saturday. Meanwhile, the country’s heavy crude oil experienced a three-cent rise in the said week to reach $53.30 per barrel. In the mentioned week, Organization of Petroleum Exporting Countries (OPEC)’s […]

TEHRAN – First Vice-President Es’haq Jahangiri announced on Saturday that Iran’s annual non-oil exports currently stand at $47 billion and the country is hopeful that the figure will hit $100 billion per annum in the future, Tasnim news agency reported. He made the remarks addressing the 21st ceremony on the National Exports Day at the […]

TEHRAN- Trade exchange between Iran and Europe increased 75 percent in the first eight month of 2017 from the same period last year, based on the latest figures released by the European Union’s statistics agency Eurostat. Iran-Europe trade stood at €13.6 billion in the first eight months of this year, while the figure was €7.5 […]

TEHRAN- The value of Iran’s saffron exports during the first five months of the current Iranian calendar year (March 21-August 22) rose 16.22 percent compared to the same period of time in the previous year, IRNA reported. As reported, some 68.640 tons of saffron worth $92.623 million was exported to 55 different countries during the […]

TEHRAN – An Iran-South Africa business forum is due to be held at the Department of International Relations and Cooperation (DIRCO) office in Pretoria on Monday, CNBC Africa reported. The forum is going to be held on the sidelines of the Iran-South Africa Joint Economic Committee meeting which is to be co-chaired by Iranian Foreign […]

TEHRAN- Iranian First Vice-President Es’haq Jahangiri and Turkish President Recep Tayyip Erdogan stressed that through the all-out planning underway by the two countries the target of $30-billion bilateral trade will be achieved soon. Iran-Turkey current trade stands at $10 Billion. In a meeting with Erdogan in Ankara on Friday, Jahangiri said Iran and Turkey as two […]

TEHRAN- South Korea will construct a dam in west of Iran, South Korean Ambassador to Tehran Kim Seung told IRIB news in an exclusive interview. The dam with a height of over 300 meters to be built on Bakhtiari River in Iran’s western city of Khorram-Abad through cooperation of South Korean companies will be one […]

TEHRAN – The value of trade between Iran and China registered a 24 percent rise in the first eight month of 2017 to exceed $24 billion, Tasnim news agency reported. According to China’s customs administration, the two countries’ trade turnover for the first eight months of 2016 stood at $19.5 billion while the figure was […]

TEHRAN- The Fourth International Exhibition of Footwear, Bag, Leather and Related Industry of Iran, which is going to be held in Tehran from October 25 to 28, will host 230 Iranian and foreign companies. Trade delegations from Russia, China, Italy and Turkey will also visit the exhibition, which will be held at the Tehran Permanent […]