Russia Explores Cryptocurrency for International Trade
Russia's financial authorities are advancing plans to adopt cryptocurrency for international trade, with selected companies and banks participating in a pilot project, according to the Vedomosti business daily.
Iran’s Trade Center Planned in Armenia
An Iran trade center is planned to be launched in the Armenian capital of Yerevan as a gateway to the Eurasian Economic Union (EAEU).
President Lays Out Plan to Stimulate Iran’s Trade in Foreign Visits
Iranian President Masoud Pezeshkian outlined a scheme to trigger an economic boom and boost trade exchanges through talks during his trips to various foreign countries.
Iran’s Trade with Neighbors Hits $20 Billion in 4-Month Period: IRICA
Iran’s trade with its 15 neighboring states in the first four months of the current Iranian calendar year (March 21 to July 22, 2024) reached $20 billion, showing a six percent growth compared to the same period last year.
Iran Urges Boost to Intra-BRICS Trade
The Iranian Parliament speaker called for replacements for US dollar-denominated trade to counter unilateralism, urging the BRICS member states to facilitate the establishment of new financial transaction procedures to promote trade.
Iran-Turkey Trade Hits $2.3 Billion in 5-Month Period
The trade exchanges between Iran and Turkey in the first five months of 2024 (January to May) reached $2.3 billion, registering a five percent growth compared to last year’s corresponding period.
Iran-China Trade Close to $6 Billion in Five-Month Period
China’s Customs Office put the trade exchanges between Iran and China in the first five months of the current year (January to May 2024) at about $6 billion.
Iran’s Trade Turnover Hits $180 Billion in One Year: Deputy CBI Governor
Iran’s trade turnover reached $180 billion in the previous Iranian calendar year based on the balance of payments of the bank, the deputy governor of the Central Bank of Iran (CBI) for economic affairs said.
Iran’s Foreign Trade on Upward Trajectory during President Raisi’s Term: IRICA
Iran’s foreign trade registered a considerable jump during the late President Ebrahim Raisi’s administration (32 months in service) and reached more than $301 billion, the Islamic Republic of Iran Customs Administration (IRICA) said.
Close Ties with Pakistan Highly Significant for Iran: Minister
The foreign minister of Iran highlighted the great importance that the country attaches to the expansion of relations with neighboring Pakistan.