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 […]
Europe seriously determined to continue economic co-op with Iran: Bulgarian min
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 […]
Iran, China ink €70m deal for co-manufacturing freight locomotives
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, Sri Lanka ink 5 MoUs
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 […]