TEHRAN- Russia will set up a trading house in Armenia on the border with Iran, Vestnik Kavkaza reported. It means a joint agreement signed with the Russian Export Center on work in the Free Economic Zone (FEZ) in Armenia, the president of the Armenian public organization ‘International Forum of the Eurasian Partnership’ and the Union […]

TEHRAN- Iranian Deputy Transport Minister Asghar Fakhrieh Kashan announced that allocation of $12 billion of finance is to be finalized for being used in transport and urban development projects, ILNA quoted the official as saying on Sunday. Explaining that no ceiling has been predicted for allocation of the approved $55 billion of finances in Iran’s […]

In its latest report on easing doing business index, the World Bank has put Iran at the position of 120 among 190 countries. Dr. Hossein Mirshojaeian, the deputy finance and economic affairs minister, is of the opinion that submitting precise data and information by the country to the World Bank and also changing specific methodologies […]

The Czech Republic says it plans to allocate a credit line of €100 million to support Iran’s infrastructure projects.  The announcement was made by Czech Ambassador to Tehran Svatopluk Cumba who said an agreement to the same effect would be signed between the two countries in the near future. Cumba added that there had been […]

TEHRAN- According to the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), the Iranian private body will dispatch its trade delegation to Astrakhan, Russia on October 23, 2017. The delegation, to be led by the Iranian Head of Iran-Russia Chamber of Commerce Assadollah Asgar-Oladi, plans to attend the 16th meeting of the […]

Abbas Ghorbanalibeik, the first director in the Islamic Republic of Iran Railways (known as RAI) appointed in 2006 to initiate railway electrification in the country, believes that the first electrification of railway line from Tehran to Mashhad should be conducted in Iran as soon as possible so that we can expand this system to the […]

TEHRAN – An Iran-Mexico business forum is due to be held on October 15 at Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) building in Tehran. According to the ICCIMA, a Mexican trade delegation is going to visit Tehran on the mentioned date to hold talks with their Iranian counterparts and discuss mutual cooperation.

TEHRAN – Iran and Belarus signed a memorandum of understanding (MOU) on expansion of medical and pharmaceutical cooperation, the portal of Trade Promotion Organization (TPO) of Iran reported on Saturday. According to Alireza Seyhoun, the commercial attaché of the Iranian embassy in Belarus, signed by the two sides’ deputy ministers, the MOU aims for facilitating […]

VALLETTA– FAO general director Jose Graziano da Silva said today that all countries should join the Port State Measures Agreement (PSMA) to guarantee the success of the fight against illegal fishing. “The treaty is aimed at cracking down illegal fishing, which causes a multibillion-dollar loss that damages human nutrition and environmental sustainability”, said Da Silva, […]

TEHRAN – Mohammad-Hossein Adeli, the secretary general of the Gas Exporting Countries Forum (GECF), has said that Iran and Turkey’s decision to trade in national currency is technically feasible particularly for bilateral energy trade. Iran and Turkey have decided to use their national currencies in their economic transactions particularly in energy trades. In an exclusive […]