TEHRAN- Iran-Russia trade grew 70 percent during the past year, Iranian Finance Minister Masoud Karbasian announced after his meeting with Russian Energy Minister Alexander Novak in Tehran on Wednesday morning. Expressing content about the variety of available fields for cooperation between Iran and Russia, Karbasian, who is the Iranian head of Iran-Russia Joint Economic Committee, […]

TEHRAN – Following a visit to People’ Public Security University of China, Iran’s deputy police chief said Iran and China’s police forces have agreed to cooperate on combating terrorism, narcotics and cybercrimes. Brigadier General Amir Hossein Yavari, Iran’s deputy Police Chief for Training Affairs hailed the People’ Public Security University of China as an indicator […]

TEHRAN– An NIGC official said completion of national gas distribution network will pave the path for expansion of the country’s gas trade worldwide. The National Iranian Gas Company (NIGC) Planning Director Hassan Montazer Torbati touched upon development of gas distribution network and gas pipelines across the country saying “main infrastructure of the NIGC gas distribution […]

TEHRAN – The latest annual report issued by Iran-UK chamber of commerce indicates a nearly 50% increase in the trade transactions between the two sides after the signing of Iran nuclear deal in 2015. According to the latest annual report issued by Iran-UK chamber of commerce, the volume of trade exports between Iran and UK […]

TEHRAN – Head of Iran’s Securities and Exchange Organization (SEO) Shapour Mohammadi said trading Bitcoin in the country’s brokerages is illegal, Shada reported on Sunday. “The Securities and Exchange Organization is reviewing Bitcoin’s status for entering the country’s economy and has not yet reached a conclusion, so if any brokerage buys or sells the cryptocurrency, […]

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 […]