Chinese Pursue Implementation of Financing Tehran-Isfahan Railway
Deputy Minister of Road and Urban Development and the CEO of Construction and Development of Transportation Infrastructures Company Kheyrollah Khademi says the Chinese persistently pursue implementation of financing the Tehran-Isfahan railway as the amount of China’s financing in Iran has reached 3.8b yuan.
U.S. Decision Had Its Impact on Iran Forex Market
A board member of Iran-Iraq Chamber of Commerce says Iraq will join the SWIFT and it will cause Iran to lose some of its tools for skirting the U.S. sanctions.
Tehran, Yerevan Seek $3b Trade Target
Head of Iran’s Trade Promotion Organization Mr. Alireza Peyman-Pak says Iran and Armenia have set target of $3b bilateral trade, adding that Iran currently after Russia and China is Armenia’s third major trade partner .
Tehran Seeks Eliminating Dollar, Euro in Trade With China and Russia
Minister of Finance says Iran seeks trade with China and Russia in yuan and roubles and wants to eliminate euro and dollar in its trade with these two countries
Developing Connecting Corridors Is Main Priority of Country
Deputy Foreign Minister for Economic Diplomacy Mehdi Safari says creating and developing corridors is very important for the country and Iran welcomes any investment from the regional and neighboring countries in these corridors.
China Keen on Investing $50m in Mahshahr Petzone
A delegation of Chinese investors visited Mahshahr Petrochemical Special Economic Zone with the aim of checking the existing infrastructure and the possibility of investing $50 million to build a carbon-sulfur production plant.
China Allocating Credit Line for Investment in Iran
Secretary of Iranian Oil, Gas and Petrochemical Products Exporters' Union (OPEX) Hamid Hosseini says China is to allocate credit line for investment in Iran through Iran’s oil revenues in China.
Shutting Down of INSTEX Not So Important
Chairman of Iran-Switzerland Joint Chamber of Commerce Sharif Nezam Mafi believes shut down of the Instrument in Support of Trade Exchanges (INSTEX) is not so important because in the current condition it was unable to boost Iran’s trade.
Major Surge Reported in Petchem, Oil Products Exports
Iran reported major increases in exports of certain petrochemicals and oil products in the calendar year that started in late March 2022.
Iran Seeks Direct Shipping Line to Kazakhstan
Director of Ports and Maritime Organization of Iran (PMO) Ali Akbar Safaei has called for the launch of a direct shipping line to Kazakhstan amid efforts to boost trade between the two Caspian Sea countries.