Monday, 24 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

Detergents Crisis to Sweep Country in Upcoming Months 21 Nov 2022

Detergents Crisis to Sweep Country in Upcoming Months

Secretary of Iranian Association of Detergents, Hygienic and Cosmetic Industries says with continuation of the current trend, he has no doubt that the country will face the shortage of detergents and its crisis because about 15% of the small detergent producing companies have stopped production and some of big companies are working with one-thirds of their capacities to save their brands.

French Carmakers Have to Pay Damages Over Leaving Iran 21 Nov 2022

French Carmakers Have to Pay Damages Over Leaving Iran

Spokesman of the Ministry of Industry, Mine and Trade says as long as French carmakers do not pay damages for leaving Iran market due to sanctions, they will be unable to re-enter Iran’s market.

Gov’t Records Lowest Expenditure in West Asia 20 Nov 2022

Gov’t Records Lowest Expenditure in West Asia

International Monetary Fund (IMF), in a recent ranking of the world’s governments based on the ratio of their expenditure to gross domestic product (GDP), has put Iran in sixth place among 188 countries reviewed.

Attention on Barter Trade, Transport to Boost Iran-Pakistan Trade 20 Nov 2022

Attention on Barter Trade, Transport to Boost Iran-Pakistan Trade

The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) considered the attention to barter trade and transit as the basis for the expansion of economic relations between Iran and Pakistan.

Tehran, Budapest Sign Cooperation Document 19 Nov 2022

Tehran, Budapest Sign Cooperation Document

Hungarian foreign minister, after signing the protocol of the 3rd Iran and Hungary Joint Economic Cooperation Commission, said his country supports Iran's right to use the nuclear energy for peaceful purposes.

Tehran, Kuala Lumpur Can Balance Trade Through Exporting Halal Food 17 Nov 2022

Tehran, Kuala Lumpur Can Balance Trade Through Exporting Halal Food

Director General of Islamic Chamber Research and Information Center of Iran (ICRIC) Mr. Mohammad Reza Karbasi in meeting with an auditing team from Department of Islamic Development Malaysia (JAKIM) said that Iran’s exports to Malaysia comparing to its imports is very insignificant and export of halal food can be an appropriate capacity for solving this problem.

Oil Industry Expert Forces Seek Leaving Country 17 Nov 2022

Oil Industry Expert Forces Seek Leaving Country

Head of Society of Iranian Petroleum Industry Equipment Manufacturers (SIPIEM) says the country faces shortage of expert force in the oil industry and the expert forces of the country have lost their motivation and this will lead to their exodus from country and if the country does not take any action, then it will face problem.

President Shavkat Mirziyoyev’s Address at the First Plenary Session of the Foreign Investors Council Under the President of the Republic of Uzbekistan 16 Nov 2022

President Shavkat Mirziyoyev’s Address at the First Plenary Session of the Foreign Investors Council Under the President of the Republic of Uzbekistan

Dear ladies and gentlemen! Dear guests! First of all, I give a warm welcome to all participants at the First Plenary Session of the Foreign Investors' Council.

Petchems Exports Predicted to Reach $17b 16 Nov 2022

Petchems Exports Predicted to Reach $17b

Secretary General of the Petrochemical Industry Employers Association Ahmad Mahdavi Abhari has predicted the petrochemical sector would inject some $15b into the Forex Management Integrated System (locally known as NIMA) and the sector would have $17b of exports by the yearend.

Tehran, Moscow Eye $40b Annual Trade 16 Nov 2022

Tehran, Moscow Eye $40b Annual Trade

A big trade delegation from Russia yesterday at Tehran’s Espinas Palace Hotel met their Iranian partners to discuss ways to develop yrade ties between the two countries.