Turkey ready to trade in local currencies with Iran, Russia, China, EU
Turkey’s President Recep Tayyip Erdoğan said Sat. that Turkey was preparing to trade with its top trade partners like China, Russia, Iran and Ukraine and even European countries in local currencies instead of the US dollar. According to Turkey’s Daily Sabah English website, the Turkish president made the remarks while addressing the ruling Justice and […]
Iran accounts for 27% foreign trade share with 11 European countries in Q1
Foreign trade statistics in the first three months of the current Iranian year (March 21-June 21) shows that Islamic Republic of Iran conducted more than $3.1 billion trade exchanges with 11 European countries, accounting for 27.6 percent share of country’s total foreign trade volume. Statistical tables of the Islamic Republic of Iran Customs Administration (IRICA) […]
Ukraine trade with Iran increasing
A Director from Ukraine’s the International Chamber of Commerce ICC said that Ukraine has had about $ 550 million worth of exports to Iran between 2011 and 2017. The barriers to increasing exports and imports between the two countries [of Iran and Ukraine] should be removed,” said an officail from Ukraine’s International Chamber of Commerce (ICC) […]
China, India say trade with Iran unfazed by U.S. sanctions
Beijing consistently opposes policies of unilateral sanctions and intends to continue its trade cooperation with Iran under its international commitments, the Chinese Commerce Ministry said on Thursday. “Iran continues to be China’s important trade partner in Asia. The two countries maintain regular trade relations. In 2017, bilateral trade grew by 19 percent in comparison to 2016 and amounted to $37.1 […]
JCPOA members should increase trade with Iran to protect deal
Andrey Kortunov, the Director General of RIAC, believes that JCPOA member states should increase trade and economy ties with Iran to preserve the deal. “The countries remaining in the JCPOA have a lot of options to protect the agreement,” said Andrey Kortunov, the Director General of the Russian International Affairs Council (RIAC). The Russian expert […]
Turkey to remain committed to maintaining trade ties with Iran: Çavuşoğlu
The Turkey’s Foreign Minister Mevlüt Çavuşoğlu has said that Turkey will keep its trade relations with Iran despite US pressures. Mevlüt Çavuşoğlu made the remarks in an interview with the Turkish new channel NTV, saying that Turkey will only follow United Nations’ resolutions. In a clear reference to the United States, Çavuşoğlu said that Turkey will […]
Non-oil trade balance close to $1b in 2 months
TEHRAN- Iran’s non-oil trade with other countries registered a $942 million positive balance in the two-month period from March 21 to May 21. As reported, the country exported $7.739 billion of non-oil products and imported $6.797 billion of non-oil goods during the mentioned period of time. Non-oil exports indicated 22-percent growth and non-oil imports showed […]
Copper concentrate output increases 15% in a month
TEHRAN- Iran National Copper Company could produce 107,795 tons of copper concentrate in the first month of the present Iranian calendar year 1397, Farvardin (March 21- April 20), registering 15 percent growth in comparison with the same time in the preceding year, IRNA reported on Monday. According to the latest data released by Iranian Mines […]
EU to stand firm against US sanctions on trade with Iran
Energy Commissioner Miguel Arias Canete said Sat. that the European Union will stand firm against Washington’s pressures on the bloc to prevent Europe from doing business with Iran. The EU’s top energy official made the remarks in a joint press conference with the Head of Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi on Saturday in Tehran. […]
Petchem exports at over $1.1b in a month
TEHRAN- Iran exported over 1.99 million tons of petrochemical products worth more than $1.167 billion in the first month of current Iranian calendar year (March 21-April 20), Shana reported citing the data released by National Petrochemical Company (NPC). The country produced over 4.7 million tons of petrochemicals during the first month, NPC data showed. Production […]