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. […]

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 […]

TEHRAN- Bulgarian Minister of Economy Emil Karanikolov said his country and Europe are seriously determined to continue their economic cooperation with Iran. The European official made the remarks in an Iran-Bulgaria business forum held at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Tehran on Monday, ICCIMA portal reported. The […]

TEHRAN – Iran and China signed a deal worth €70 million on Monday to collaborate on manufacturing 50 electro-diesel freight locomotives in Iran. According to the Ministry of Transportation news portal, the trilateral deal was signed between Wagon Pars and Alborz companies from Iran and the Chinese giant locomotive manufacturer CRRC Dalian Co. The Iranian […]

 Iran and Sri Lanka signed 5 memoranda of understanding in the presence of the two countries’ presidents in Tehran on Sunday to increase bilateral cooperation in different fields. The first memorandum of understanding in the field of fighting against drug trafficking was signed by Iran’s Interior Minister Rahmani Fazli and Sri Lankan Sri Lanka’s Foreign […]

Deputy CEO of Ports and Maritime Organization (PMO) for Maritime Affairs Hadi Haghshenas said that talks are underway to increase trade and transport between Iranian ports and Port of Baku in Azerbaijan Republic. He also noted that more efforts will be put into facilitation of transit of goods via the North-South corridor. Haghshenas pointed to […]

Brazil-Iran parliamentary friendship group met and talked with the Director General for Americas at Iran’s Ministry of Foreign Affairs, Mohammad Keshavarz Zadeh in Tehran on Thursday. In the meeting, Keshavarz Zadeh hailed the 120-year old Iran-Brazil relations and called for expansion of ties between the two countries in the economic field. The chairman of the […]

Chief of Trade Promotion Organization of Iran (TPOI) Mojtaba Khosrotaj said that export of non-oil commodities in the Iranian month of Farvardin (from March 21 to April 22) increased 15 percent as compared to the same period last year. Speaking in a ceremony to commemorate exemplary exporters of Isfahan Province, he put the nonoil export […]

 An official in charge of Trade Promotion Organization of Iran (TPOI) Farzad Piltan said that trade volume to be exchanged between Iran and South Africa will hit $1 billion by 2022. The Director General of Trade Promotion Organization of Iran for Arab and African Affairs Farzad Piltan pointed to design development plan for increasing trade […]

 Iranian Minister of Industry, Mine and Trade Mohammad Shariatmadari said on Saturday that the volume of Iran’s steel production has increased 47% since the start of 2018 compared to the same period last year. Speaking in the northeastern city of Mashhad, Shariatmadari said the volume of steel production in Iran during the first three months […]