Chairman of Iran-China Joint Chamber of Commerce Majid Reza Hariri says 92% of Iran’s exports which are exported to China are oil products that that the government sector pursues it and the remaining 8% is carried out by the private sector and they are goods like carpet, dried fruits, saffron and handicrafts.
Iran’s commercial attache to Lebanon says despite good political relation between Iran and Lebanon, the trade between the two countries is not satisfactory and currently Iran accounts for only 0.3% of Lebanon’s market.
Chairman of the Iran-Iraq Chamber of Commerce Yahya Ale-Ishaq believes in the next 15 years, the market of Iran and Iraq will become the biggest economic environment for both countries.
IME announced that 543,582 tons of commodities, valued at over $221 million, were traded in its domestic trading and export halls in the week ending October 8.
Iranian commercial attaché in Kabul Mohammad Mehdi Javanmard says almost half of imported goods to Afghanistan market are from Iran, adding that Afghanistan enjoys having good capacity for imports of technical and engineering imports.
Iran must gradually shift from exporting crude oil to selling petroleum products and petrochemicals, as it invests in expanding its oil and gas production capacities to handle the future market challenges, said an expert.
Iran's main stock index broke through the key 2 million point mark for the first time ever on Sunday, state media reported, amid warnings that the market is overheating.
Britain and the European Union need to make progress on EU financial market access given that the coronavirus crisis will make it even harder to cope with potential disruption if there is no agreement, banking lobby AFME said on Monday.
The Iranian stock market on Tuesday made its biggest single-day gain in a half-century, rising nearly 65,000 points and breaking the threshold level of 1.5 million points.
The US, Japan, and France are prodding their companies to rely less on China to make the world’s smartphones, drugs, and other products.