Iran’s non-oil trade up 18% in nine months to December: Official
The head of Iran’s Trade Promotion Organization (TPO), Mohammad-Ali Dehqan Dehnavi, announced an 18% growth in the country’s non-oil trade during the first nine months of the current Iranian calendar year, which began on March 20, 2024.
Decline in Iran’s Transit Importance for Turkey
TEHRAN - Fatemeh Ghanbarpour, Vice President of the Transport, Transit, and Logistics Commission at the Iranian Chamber of Commerce, told ILNA about ongoing efforts to prevent the suspension of Iran’s Green Card membership. She stated: "Iran Insurance is a member of the COB convention, and reinsurance processes are underway. Since reinsurance operates as an insurance company linked to the COB, which is an international body overseeing the Green Card insurance system based in Brussels, we are striving to have the Iranian Chamber of Commerce introduced as the guarantor to the COB. This would place Green Card insurance under the chamber’s umbrella, similar to what happened with the TIR carnet system."
Iran’s civil aviation welcomes proposed increase in flights from Saudi Arabia
The Civil Aviation Organization of Iran has expressed its support for a proposal to increase the number of flights from Saudi Arabia to Iran as part of bilateral agreements.
Netherlands Emerges as Iran’s Third-Largest Trade Partner in the EU
TEHRAN - Trade relations between Iran and the European Union (EU) have seen significant growth in 2024, with the Netherlands playing a pivotal role. According to data from Eurostat, Iran-EU trade volume reached €3.4 billion in the first nine months of 2024, marking a 96% increase compared to the same period in 2023.
Emphasis on Achieving 10m Tons of Transit Through the North-South Corridor
TEHRAN - A joint video conference was held on Saturday between Farzaneh Sadegh, Iran’s Minister of Roads and Urban Development, and Roman Starovoyt, Russia's Minister of Transport. The meeting aimed to discuss the memorandum of understanding for the construction of the Rasht-Astara railway and to enhance transport cooperation within the framework of the North-South Corridor.
Iran private sector operates 1st oil dock in South Pars
The first oil dock built by the Iranian private sector has become operational in Kangan located in the southern province of Bushehr.
Gasoline Production to Reach 130m Liters Per Day
TEHRAN - The Deputy Minister of Oil announced an upcoming 1,000-kilometer expansion of crude oil and oil product pipelines across the country. By the end of this year, the total pipeline length will increase from 14,000 kilometers to 15,000 kilometers.
Uzbekistan-Iran Trade Reaches $500 Million
TEHRAN - In a meeting with the Governor of Mazandaran, Uzbek Ambassador Fariduddin Nasriyev emphasized the potential for strengthening trade relations between Mazandaran Province and Uzbekistan.
No Exports of Technical and Engineering Services to Syria
TEHRAN - Ali Naqavi, head of the Technical and Engineering Services Commission at the Iran Chamber of Commerce, detailed the latest developments in Iran’s export of technical and engineering services. He emphasized that despite the country’s significant potential in this sector, actual exports fall drastically short.
Iran-Pakistan Trade Opportunities Discussed
TEHRAN - The Head of Iran’s Trade Promotion Organization (TPO), alongside senior officials, emphasized strengthening trade ties with Pakistan during a meeting focused on export opportunities in sectors such as oil, gas, petrochemicals, polymers, and plastics.