TEHRAN (Iran News) – A key petrochemical company in Iran significantly increased its production of polyethylene terephthalate, or PET plastic, allowing the country to resume export of a product which has a high demand in bottling and textile industries. Reza Qassemi Shahri, who serves as the CEO of Shahid Tondgooyan Petrochemical Company (STPC), said that […]

TEHRAN (Iran News) – A channel aimed at easing export of food and medicine to Iran following Europe’s failure to make INSTEX operational could be “up and running within months”, senior Swiss and US officials told Reuters. Pascale Baeriswyl, Swiss state secretary for foreign affairs, and US Ambassador Edward McMullen spoke in separate interviews in […]

TEHRAN (Iran News) – Seventeen Iran-made medicines, containing high-tech drugs, will be exported to Russia, Mohsen Asadi Lari, director of international cooperation at the Ministry of Health, has announced. Since last year, negotiations are underway with the Russian Ministry of Health for medicine trade, he said, adding that a meeting was also held in Moscow […]

TEHRAN (Iran News) – Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht said that Iran’s after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale. Nobakht said on Monday that non-oil exports to 15 neighboring and […]

TEHRAN (Iran News)- Iranian President Hassan Rouhani officially opened Baft Steel mill with a production capacity of over 1.5 million tons a year, in a bid to further raise the Iran steel output and tap into its vast reserves of metals and minerals. President Rouhani was in the Southeastern province of Kerman on Monday to […]

TEHRAN (Iran News) – Foreign Direct Investment recorded that Iran FDI has reached to about 32 percent growth in the industrial sector in the first six months of the current year (from March 21 to Sept. 22). According to the statistics of the Ministry of Industry, Mine and Trade, about $762,600,000 worth of Foreign Direct […]

TEHRAN (Iran News) – Iranian Minister of Oil Bijan Namdar Zanganeh discussed with Armenian Minister of Territorial Administration and Infrastructure Suren Papikyan on export of gas to Armenia and receiving electricity from the country. During the meeting in Tehran on Sunday, Zanganeh described the energy sector as the most important part of Iran-Armenia talk, adding […]

TEHRAN (Iran News) – Iran’s Ambassador to Dushanbe said an exclusive exhibition of Iranian goods and services is going to be held in Tajikistan’s capital in near future. Speaking in a trade committee meeting of Mashhad Chamber of Commerce between Tajikistan-Iran on Wednesday, Mohammad-Taqi Saberi said after several rounds of talks and negotiations the Tajik […]

TEHRAN (Iran News) – The Director General of Import, Export Goods Quality Evaluation Office of the Institute of Standards and Industrial Research of Iran (ISIRI) Taghi Taghipour said that fluctuation of quality of some products manufactured in the country can threaten export of these products at target markets. Fluctuation in quality of some Iranian products […]

Iran Exports Medicine TEHRAN (Iran News) – Iran exports medicine to countries in Europe, Africa and Central Asia, the country’s health minister said. In an interview with ICANA, Saeed Namaki said Iranian pharmaceutical producers have raised standards in their plants to the extent that the Islamic Republic has become a supplier of medicine in the […]