China’s Investment in Iran Up by 150%
Commercial attache of Embassy of China in Tehran Zhou Zheng in meeting with the secretary general of Tehran Chamber of Commerce, Industry, Mine and Agriculture (TCCIMA) Mr. Bahman Eshqi explored ways for boosting cooperation and said that China’s investment in Iran has increased by 150%.
ACU to Launch Banking System to Rival SWIFT
Members of the Asian Clearing Union (ACU), a regional banking bloc that seeks easier clearing of payments between its member states, have agreed to launch a system that will rival the SWIFT international payment network.
ISIPO inks co-op MOU with Germany’s BWA
Iran Small Industries and Industrial Parks Organization (ISIPO) has signed a memorandum of understanding (MOU) with Germany’s Federal Association for Economic Development and Foreign Trade (BWA) for cooperation in various fields
De-Dollarization Serious Threat to U.S. Int’l Influence
De-dollarization is not a voluntary choice, but it is a necessary response to the weaponization of the dollar, Iran's First Vice President said Wed., adding that ditching the dollar will endanger U.S. influence in the world.
Iran, UAE to Sign Joint Investment Agreement
Economy Minister and Spokesman of Government Economic Team announced that a joint investment agreement between Iran and the United Arab Emirates will be signed in the near future.
Investment of Afghans in Iran on the Rise
Head of Iran-Afghanistan Joint Chamber of Commerce says the trade between Iran and Afghanistan is currently declining but he reiterates investment of Afghans in Iran is on the rise.
De-Dollarization Main Focus of Upcoming ACU Meeting
De-dollarization will be the main focus of the upcoming Asian Clearing Union (ACU) meeting, according to the governor of the Central Bank of Iran (CBI).
South Pars Oil Layer 2nd Development Phase Begins
The executive operations for the second phase of South Pars Oil Layer’s development project officially began in a ceremony held on Saturday, the last day of the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2023).
Tehran, Moscow Exchange Trade in Russian Currency
Vice-President of Iran-Russia Joint Chamber of Commerce says the trade exchange between Iran and Russia is in Russian currency rouble and their trade is growing fast.
Tehran Talks With Ashgabat on Gas Imports
Iran has negotiated with Turkmenistan to import gas from the neighboring country, the director of the integrated planning at the National Iranian Gas Company (NIGC) said.