Iran-Russia Annual Trade to Increase to $10b From $4b
The head of the Russia-Iran parliamentary friendship group said, 'Currently, the volume of trade between Iran and Russia is $ 4 billion it is expected to reach $ 10 billion annually after President Raisi's visit.
2 Brazilian Banks Cooperating With Iranian Traders
Head of Iran-Brazil Joint Chamber of Commerce Seyed Fakhreddin Amerian says two Brazilian banks accept the forex of Iranian goods via intermediary banks but the chamber is after setting up a fund in Brazil for the channeling of the forex resulted from exports and imports.
Iran-Russia Trade Soars 41% in 9 Months
Trade volume between Russia and Iran has increased 12 percent in terms of weight and 41 percent in terms of value in the first nine months of this Iranian calendar year (March 21, 2021 to December 21, 2021), according to an Iranian official.
Iran Trade With Neighbors Witnessing 42% Growth in Value
Iran’s business transaction with 15 neighboring countries in the last nine months has increased year-on-year (YOY) 18 percent in weight and 42 percent in value, Head of the Islamic Republic of Iran Customs Administration (IRICA) said on Thursday.
Iranian transport minister visits Syria to pursue expansion of trade ties
Iranian Transport and Urban Development Minister Rostam Qasemi has traveled to Syria to discuss expansion of economic cooperation and trade ties between the two countries, the portal of the Transport and Urban Development Ministry reported.
Tehran, Moscow Working on Using Their Local Banks in Trade
A member of board of directors of Iran-Russia Joint Chamber of Commerce says it is possible for Iran and Russia to use their local banks and currently the banking relation between Iran and Russia is underway, adding that there are different routes for transfer of money but due to the sanctions he cannot go through its details, reiterating that but the money transfer is underway and the idea of using local banks is under study and soon both sides will reach agreements either with the JCPOA or without JCPOA.
Iran Opens Five Trade Centers Abroad
Head of Iran’s Trade Promotion Organization (TPO) says Iran has opened five trade centers abroad to boost its foreign trade, adding that the country intends to increase its commercial attaches to 30.
Tehran, Ashgabat Trade Volume Exchange up 84% in 2021
The trade volume exchanged between Islamic Republic of Iran and Republic of Turkmenistan in 2021 registered a 84 percent growth.
Mechanism for using cryptocurrencies in foreign trade finalized
Head of Iran’s Trade Promotion Organization (TPO) has announced the finalization of a mechanism for using cryptocurrencies in foreign trade, Mehr News Agency reported.
China’s Consulate Has Nothing to Do With Any Certain Trade
Iran’s former ambassador to China says Beijing’s decision to open its consulate in Bandar Abbas has nothing to do with any certain trade between the two countries and it is aimed at giving consular services to Chinese nationals in Iran who are mostly living in southeastern Iran.