Wednesday, 21 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.

National Housing Movement, a top priority of current government 14 Nov 2023

National Housing Movement, a top priority of current government

The National Housing Movement is one of the major policies of the 13th government in the housing sector, and according to this policy, the construction of four million residential units is planned in four years.

Exports from mining sector rises 7.5% in 7 months on year 13 Nov 2023

Exports from mining sector rises 7.5% in 7 months on year

Iran exported 35.87 million tons of minerals and mining products worth over $7.4 billion in the first seven months of the current Iranian calendar year (March 21-October 22), registering a 7.5 percent increase year on year.

China’s import of Iran’s oil jumps: report 12 Nov 2023

China’s import of Iran’s oil jumps: report

China's oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions, Reuters reported.

Iran-Tajikistan trade up 10 folds in 2 years 10 Nov 2023

Iran-Tajikistan trade up 10 folds in 2 years

Iranian Energy Minister Ali-Akbar Mehrabian has said the trade between Iran and Tajikistan has increased by 10 times over the past two years, Fars News Agency reported.

Iran’s trade with ECO members exceeds $10b in 7 months 09 Nov 2023

Iran’s trade with ECO members exceeds $10b in 7 months

Iran’s trade with the members of the Economic Cooperation Organization (ECO) reached about $10.2 billion in the first seven months of the current Iranian calendar year (March 21-October 22), registering a 4.5 percent rise year on year.

Iran, China reach new agreements under 25-year partnership 08 Nov 2023

Iran, China reach new agreements under 25-year partnership

Iran’s Finance and Economic Affairs Minister Ehsan Khandouzi said the 25-year strategic partnership plan between Iran and China has entered a new phase with new agreements being reached between various ministries of the two countries, IRIB reported.

‘OBOR initiative to facilitate Iran, China economic development’ 07 Nov 2023

‘OBOR initiative to facilitate Iran, China economic development’

Iranian Industry, Mining, and Trade Minister Abbas Aliabadi has said the One Belt One Road (OBOR) initiative is going to facilitate both Iran and China’s economic development, IRNA reported.

Iran-EAEU trade value exceeds $4.2b in 7 months 06 Nov 2023

Iran-EAEU trade value exceeds $4.2b in 7 months

The value of trade exchanges between Iran and the Eurasian Economic Union (EAEU) in the first seven months of the current Iranian calendar year (March 21-October 22) reached $4.258 billion, IRIB reported on Sunday, quoting an official with the Islamic Republic of Iran Customs Administration (IRICA).

ECO members sign MOU on establishing EU-China transport corridor via Iran 03 Nov 2023

ECO members sign MOU on establishing EU-China transport corridor via Iran

The transport ministers and representatives of the member states of the Economic Cooperation Organization (ECO) signed a memorandum of understanding (MOU) on the creation of a new transport corridor from China to Europe via Iran, Turkey, Turkmenistan, and Uzbekistan in Tashkent on Thursday.

Iran, Iraq stress using national currencies in bilateral trade 02 Nov 2023

Iran, Iraq stress using national currencies in bilateral trade

Iran and Iraq have stressed the need to use the national currencies of the two countries to enhance mutual trade relations, Mehr News Agency reported.