Tuesday, 7 January , 2025
  • Iran’s Competitive Edge in the Tajikistan Market Declines 07 Jan 2025

    Iran’s Competitive Edge in the Tajikistan Market Declines

    TEHRAN - Mohammad Hossein Roshank, the head of the Iran-Tajikistan Joint Chamber of Commerce, shed light on Iran’s declining competitiveness in the Tajikistan market. He attributed this to the high production costs in Iran, which diminish its ability to rival countries like China, Turkey, and the UAE, known for offering lower-priced goods. Tajikistan, a market driven by affordability, is increasingly favoring these nations as they aim to secure greater market share through cost-effective production.

Iran appoints new representative to OPEC 31 Dec 2024

Iran appoints new representative to OPEC

Iranian Oil Minister Mohsen Paknejad has appointed Ali Mohammad Mousavi as Iran’s governor to the Organization of the Petroleum Exporting Countries (OPEC).

$80b Expected to Be Transacted  in Commercial Currency Market 31 Dec 2024

$80b Expected to Be Transacted in Commercial Currency Market

TEHRAN - The Governor of the Central Bank of Iran announced that transitioning all official foreign exchange needs to the commercial currency market is feasible. He estimated that with the launch of the commercial forex system, nearly $70 to $80 billion in transactions could take place in this market annually.

Iran’s Absence from Japan Expo Sparks Debate in Private Sector 30 Dec 2024

Iran’s Absence from Japan Expo Sparks Debate in Private Sector

TEHRAN - Following the government's announcement to withdraw from participating in the Japan Expo, members of the Iran-Japan Chamber of Commerce convened a meeting to discuss the implications and explore the possibility of private-sector involvement in the event.

Minister highlights Iran’s EAEU observer membership 30 Dec 2024

Minister highlights Iran’s EAEU observer membership

Iran’s Minister of Industry, Mining, and Trade Mohammad Atabak has stressed the significance of Iran’s observer membership in the Eurasian Economic Union (EAEU) following discussions held in Saint Petersburg during the Supreme Economic Council of the Union.

Iran in postal coop. with Russia, plans expansion to regional countries: Official 29 Dec 2024

Iran in postal coop. with Russia, plans expansion to regional countries: Official

The managing director of Iran’s National Post Company has said that the country began experimental postal cooperation with Russia two months ago.

Iran-Eurasia Trade Sees 20% Growth in Nine Months 29 Dec 2024

Iran-Eurasia Trade Sees 20% Growth in Nine Months

TEHRAN - The President of the Iranian Confederation of Exports announced a significant 20% growth in Iran’s trade with Eurasian countries over the past nine months. This development follows Iran's observer membership in the Eurasian Economic Union (EAEU), a step aimed at strengthening economic ties in the region.

Iran’s non-oil exports reach $43.14 billion in nine months 29 Dec 2024

Iran’s non-oil exports reach $43.14 billion in nine months

Iran's non-oil exports reached $43.14 billion in the first nine months of the current Iranian calendar year, marking an 18% increase compared to the same period last year, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

Iran considers 25-year cooperation plan as ‘strong basis’ for developing ties with China 28 Dec 2024

Iran considers 25-year cooperation plan as ‘strong basis’ for developing ties with China

Iranian Foreign Minister Abbas Araghchi has said that the Islamic Republic of Iran is committed to maximizing its collaboration with China, and considers the 25-year cooperation plan as a "strong foundation" for enhancing relations across various fields.

Asian Countries Aim to Establish Regional Aviation Regulations 28 Dec 2024

Asian Countries Aim to Establish Regional Aviation Regulations

TEHRAN - The head of Iran's Civil Aviation Organization announced efforts by Asian countries to establish unified aviation regulations for the region, aiming to end the dominance of the United States and Europe in this field.

Iran Prepares to Link Eurasian Economic Union to Key Markets 28 Dec 2024

Iran Prepares to Link Eurasian Economic Union to Key Markets

Iran Prepares to Link Eurasian Economic Union to Key Markets TEHRAN (Iran News) TEHRAN – Minister of Industry, Mining, and Trade, Seyed Mohammad Atabak, announced Iran’s readiness to facilitate the Eurasian Economic Union’s (EAEU) connection to strategic global markets. His remarks came during the EAEU summit in St. Petersburg, Russia, where he highlighted the approval of […]