Exports of goods from Iran increased by 6 percent in volume (value in constant prices) in the first half of current Iranian calendar year (began March 21) compared to the similar period a year ago. The Islamic Republic of Iran Customs Administration (IRICA) has released statistics on the country’s foreign trade volume in the first […]

TEHRAN- Iran and Pakistan finalized the draft of a much-awaited Free Trade Agreement (FTA), official sources told Business Recorder. As reported, this agreement was reached during the third meeting of the Trade Negotiation Committee (TNC) on Pakistan-Iran Free Trade Area Agreement (PIFTA) held on November 21-22, 2017 in Tehran. The sources said that text of FTA […]

TEHRAN – Trade between Iran and China during the first 10 months of 2017 reached $30.4 billion, registering a 22 percent rise compared to the same period last year. Bilateral trade was slightly over $25 billion during January-October last year, Tasnim reported citing China’s customs data. China imported about $15.46 billion worth of goods, mainly […]

TEHRAN- The value of Iran’s non-oil trade with foreign partners reached $60.907 billion during the first eight months of the current Iranian calendar year (March 21- November 22), up $4.486 billion or 8 percent from the same period last year, IRIB news reported on Monday. The country’s foreign trade stood at $56.421 billion during the […]

TEHRAN- Iran and Turkey aim to increase the value of trade in technical and engineering services sector to $10 billion per annum. Iranian Industry, Mining and Trade Minister Mohammad Shariatmadari and Turkish Economy Minister Nihat Zeybekci signed a memorandum of understanding to boost bilateral technical and engineering services transactions to $10 billion. The MOU was […]

TEHRAN – Austrian ambassador in Tehran expressed his country’s willingness for increasing the volume of trade with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Wednesday. Stefan Scholz made the remarks in a meeting with Gholam-Hossein Shafeie, head of ICCIMA in Tehran. In the meeting, Shafeie mentioned Iran […]

TEHRAN- Iranian businessmen are exploring expansion of trade and exports opportunities in Philippines, Malaya Business Insight reported on Monday. Oil, fertilizer, coal, and cement are the fields of interest. The governments of Iran and the Philippines are exploring the possibility of sourcing crude oil from the former which would be refined in a third country […]

TEHRAN  – Head of Iran-Russia Joint Chamber of Commerce called for close economic interaction among all Caspian states, saying trade exchange should not be confined to three neighbors alone. Asadollah Asgaroladi urged on Sunday that Kazakhstan and Turkmenistan join the trade interaction among Iran, Russia and Azerbaijan. He said he has made a suggestion to […]

TEHRAN- The value of Iran’s non-oil trade with foreign partners reached $52.527 billion during the first seven months of the current Iranian calendar year (March 21- October 22), up $3.59 billion or 6.2 percent from the same period last year, Tasnim reported on Tuesday. The country’s foreign trade stood at $49.468 billion during the last […]

TEHRAN – Iran and Afghanistan signed a memorandum of understanding (MoU) on Saturday to expand their bilateral trade cooperation. The document was signed in Washington between Iranian Minister of Economic Affairs and Finance Massoud Karbasian and Afghanistan’s Finance Minister Eklil Ahmad Hakimi. Mohammad Khazaei, the head of the Organization for Investment, Economic and Technical Assistance of […]