In southeastern Iran, on the Sea of Oman, there is a port city called Chabahar which is the home for Iran’s only oceanic port. Due to its strategic geographical positioning, Chabahar port holds a great significance for Iran both politically and economically. After years of negotiation, Iran has awarded the development project of this port […]

 Iran’s exports of non-oil commodities to the Persian Gulf littoral states exceeded $6.5 billion during the past eight months of the current fiscal year (March 21- Nov. 21). Data released by the Islamic Republic of Iran Costumes Administration show Iran’s exports to Oman, the UAE, Qatar, Bahrain and Kuwait surpassed $6.5 billion during the period, […]

 The chairman of Iran-South Korea Chamber of Commerce said Sat. that Iran and South Korea are working on a mechanism to continue bilateral trade, including oil sales, in the face of US sanctions. Hossein Tanhaee, the chairman of Iran-South Korea Chamber of Commerce, told IRNA news agency on Saturday that the mechanism will act very […]

Some 233 thousand tons of bananas worth 217 million dollars have been imported to the country during the first half of the current Iranian year, experiencing a drop by 33.32% in weight and 19.30% in value compared to the same period last year. About 233,772 thousand tons of fresh or dehydrated bananas have been imported to […]

 Iran’s non-oil exports to Europe during the first half of the present Iranian calendar year 1397 (March 21- September 22) increased by 112.9 percent in terms of weight and 26.33 percent in terms of value,Reported according to the latest data released by Islamic Republic of Iran Customs Administration (IRICA). During the first six months of […]

A trade delegation from Iran on Saturday visited Oman’s Ministry of Commerce and Industry and discussed means of enhancing Omani-Iranian relations in industrial, investment and economic fields. Leading a high-ranking delegation to Muscat, Mohsen Zarrabi, the head of Omani-Iranian Chamber of Commerce and a senior advisor to Iranian industries minister met with Omani Minister of […]

Some 250.975 billion shares worth 723.329 trillion rials (about $17.222 billion) have been traded in Tehran Stock Exchange (TSE) since the beginning of current Iranian calendar year (March 21), IRIB reported on Saturday. As reported, the shares were traded through 14.137 million deals. Some 164.388 billion shares were traded through 7.480 million deals in the […]

 Turkey has proposed establishing a joint bank with Iran for facilitating trade between the two countries, IRNA reported citing an article published in the Turkish newspaper “Dünya”. “Establishing a joint bank through which the two sides could conduct bilateral trade and businesses without the need for U.S. dollar would be the final step for developing […]

 The number of trading codes issued in Tehran Stock Exchange (TSE) has increased 45 percent since the beginning of current Iranian calendar year (March 21) compared to the same period of time in the previous year, TSE spokesman Hamid Rouhbakhsh told IRIB on Monday. Some 72,000 trading codes have been issued in the TSE since […]

Head of Iran’s Trade Promotion Organization (TPO) Mojtaba Khosrotaj says costly transport has had a negative impact on the volume of trade transactions between Iran and Mongolia. Head of Iran’s Trade Promotion Organization (TPO) Mojtaba Khosrotaj made the remarks in a meeting with Mongolia’s Deputy Foreign Minister Mrs. B. Battsetseg, which took place in Tehran on Sep. 4, according […]