Iran’s steel production exceeds average global rate
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 […]
Iran’s trade with African countries up 23% in a year
TEHRAN – The value of trade between Iran and African countries increased by 23% in the past Iranian calendar year 1396 (ended on March 20, 2018), compared to its preceding year, the portal of Trade Promotion Organization of Iran (TPO) reported. According to Director General of TPO Arabic-African Affairs Office Farzad Piltan, the value of […]
Venezuela learns from Iran’s experiences
Venezuelan Ambassador to Iran Jesus Gregorio Gonzalez has said his country is learning from Iran’s experiences to tackle its challenges. “The problems that we are experiencing now, are similar to the ones which you (Iran) have experienced for many years,” Jesus Gregorio Gonzalez told Iranian media outlet IRNA, adding “we are using Iran’s experiences.” He […]
Tehran, Ankara moving to dump dollar in trade
Iran’s financial system has intensified its efforts to establish ties with a number of countries based on the national currencies, as the U.S. sanctions against the country have complicated transactions in dollars. In this line, Iran made an agreement in last October with Turkey on using local currencies in trade transactions between the two countries […]
Iran’s foreign trade volume at $200bn in past year
Minister of Industry, Mine and Trade Mohammad Shariatmadari put the volume of Iran’s trade and business relations with the outside world in the past Iranian calendar year in 1396 (ended March 20, 2018) at $200 billion and said, “given the considerable trade volume of exchanges, Islamic Republic of Iran can be a good trade partner […]
Iran, Russia reach new trade agreement
The visiting Russian official, Vyacheslav Volodin, attended the Meeting on Trade between Iran and Russia in Tehran on Mon. where Iran and Russia has reached new agreements. The Meeting on Trade between Iran and Russia was held in Iran’s Chamber of Commerce in Tehran on Monday afternoon with Ali Larijani, the Speaker of Iranian Parliament, […]
Iran, Singapore poised to broaden trade ties
The 10-percent growth in Iran and Singapore trade ties during March 21-November 21, 2017 shows that both governments are concentrated on expanding trade and economic relations. In this period, trade between the two countries reached $487 million. This is evidently to restore bilateral trade relations to the level prior to the intensification of cruel Western […]
US – EU trade war will weaken liberal values: Askari
Professor Hossein Askari, an expert on Saudi Arabia who also teaches international business at the George Washington University, strongly believes that “rising tide of nationalism or the right is a threat to EU institutions and its architecture but this will not erode EU’s trade policies as a bloc.” Hossein Askari, who teaches at George Washington […]
Tehran-Baku can turn into major route between Asia, Europe
Iran’s President has emphasized that Iran-Azerbaijan relations are in the interests of both nations and stressed the necessity of efforts to develop, strengthen and consolidate bilateral relations. At the meeting with the visiting Minister of Economic Development of the Republic of Azerbaijan Shahin Mustafayev in Tehran on Tuesday, Hassan Rouhani highlighted the will of the governments and […]
Trade barriers with Russia to be solved in next 2 months: official
Chairman of Iran and Russia Joint Chamber of Commerce Asadollah Asgarowladi said, “under the agreements inked between Iran and Russia in recent trip of the minister of economy to Russia, trade and business problems facing the two countries will be resolved within the next two months.” With the coordination made in this regard, private sector […]