Iran, Armenia to exchange trade with local currencies ‘likely’
Chairman of Iran-Armenia Joint Chamber of Commerce Hervik Yarijanian said that the two countries will exchange trade activities with each other using local currencies ‘likely’.
India’s UCO bank triples its branches to do business with Iran
India's UCO Bank tripled its branches with the aim of enhancing and boosting trade with the Islamic Republic of Iran. UCO Bank is making all efforts to ensure that exporters who do business with Iran can approach its designated branches for help.
Oman eyes investing in Chabahar development projects
In his meeting with the Minister of Industry, Mine and Trade Reza Rahmani on Fri., Ahmed bin Mohamed Al Fatisi, Omani Minister of Transport and Communication voiced readiness of his country for investing in Chabahar development projects.
Iran, Pakistan agree to enhance bilateral trades by removing bottlenecks
Iran and Pakistan have agreed to strengthen bilateral trade and economic ties and vowed to remove potential hurdles coming in the way, Pakistan's local media reported on Friday.
EU mechanism for trade with Iran now operational: statement
French, British and German officials announced in a statement on Friday that the trade mechanism with Iran aimed at circumventing US sanctions, dubbed INSTEX, has been operational.
Iran’s non-oil trade witnessing mild growth
Iran’s non-oil trade has been posting a mild growth in the past months, thanks to the government’s push to create a positive trade balance through deregulating foreign trade and empowering domestic businesses to compete in international markets.
Tariff rates of 800 goods shrink in Iran-North Caucasus trade ties
Tariff rates of a number of 800 goods and commodities decreased in business relationship between Islamic Republic of Iran and North Caucasus region.
Iran, Europe to facilitate trade relations
The managing director of Export Guarantee Fund of Iran (EGFI) announced that a number of MoUs will soon be signed between EGFI and some European countries.
Iran-Hong Kong annual trade at $344m
The trade of non-oil goods between Iran and Hong Kong reached 94,242 tons worth $344.08 million during the last fiscal year (ended March 20), according to the data released by the Islamic Republic of Iran Customs Administration.
Over $547m worth of commodities traded at IME in a week
During weekdays ending up to April 25, approximately, 351,034 million tons (MT) of commodities worth over $547.6 million were traded on Iran Mercantile Exchange (IME).