Category: Economy and markets
US, West reluctant to lift all sanctions at once_thumbnail

“The truth is that Western countries are procrastinating lifting all anti-Iranian sanctions at once”, Seyed Mohammad Marandi told the Iraqi Al Sabaah Newspaper. In this round of negotiations, Iran is acting on the basis of distrust of the other side, because the current US Government of Joe Biden is following the same path of the former government which refused to […]

UAE invests $300mn in Iran under FDI in 13th govt.:TPOI_thumbnail

Alireza Peyman-Pak said on Wednesday, “With the coordination made, we will dispatch commercial and economic envoys to 30 countries of the world including the United Arab Emirates.” He pointed to the key role of the private sector in materializing most objectives of economic activities of the country and called on private sector activists to help […]

Iran-Syria trade up about 90% in nine months: Envoy_thumbnail

Speaking in an interview with Syria’s Al-Watan Daily on Sunday, Mehdi Sobhani Iran’s Ambassador to Syria said that trade volume exchange between Iran and Syria from March 21 to Dec. 22, 2021 registered a 90 percent increase as compared to the last year’s corresponding period. Insisting on strengthening these relations at different economic, cultural, scientific […]

Iran, Tajikistan bilateral trade hits $121mn in 2021_thumbnail

In a meeting held between Iranian Ambassador to Tajikistan Mohammad Taghi Saberi and Minister of Economic Development and Trade of the Republic of Tajikistan Zavqi Zavqizoda, the two sides discussed bilateral ties in trade and economy and issues of mutual interests. The value of trade exchanges between the two countries of Iran and Tajikistan hit […]

Any talks must result in an economic breakthrough:MP_thumbnail

Speaking among reporters to explain a closed session of Parliament held between lawmakers and Iranian Foreign Minister Hossein Amir-Abdollahian on Tuesday, Seyyed Nezameddin Mousavi stated that lawmakers at the Parliament emphasize that other sides in JCPOA talks must grant necessary guarantees to Iran that the US will not withdraw JCPOA again. He went on to say that […]

Global oil market needs Iran oil supply: minister_thumbnail

Owji made the remark after the 25th OPEC and Non-OPEC Ministerial Meeting held via video conference on Wednesday, according to the news service of the oil ministry SHANA. He added, today OPEC+ agreed to continue with an increase of 400,000 bpd in crude oil output for March 2022. Given the JMMC’s reports as well as […]

Farmers harvest yellow carrot in Kharanaq_thumbnail

TEHRAN, Jan. 30 (MNA) – Iranian farmers these days are harvesting yellow carrots which are cultivated in the old traditional ways in Yazd province.

Blocking Iranian assets in South Korea ‘illegal’:Ulyanov_thumbnail

Blocking Iranian assets in South Korea is illegal and in gross violation of international law, Mikhail Ulyanov Russia’s envoy at international organizations in Vienna said. Yesterday, South Korea’s Finance Minister announced that his country has reimbursed $18 million of Iran’s blocked assets to the United Nations as dues of Iran’s membership fee so that Iran […]

Iran to hold 3 fairs in Brazil to showcase products_thumbnail

For the first time, the World Trade Center of São Paulo will host an exhibition of Iranian petrochemical products in late February. The exhibition will be held in order to familiarize the Brazilian traders with Iranian-made products. Also, according to the IRIB report, two other exhibitions, one on Iranian food products and the other on Iranian goods will open later […]

Hamedan exports hit $730mn in 9 months: Official_thumbnail

Speaking at the 6th Working Group of Promotion of Exports of Non-Oil Commodities in Hamedan province on Wednesday, Alireza Ghasemi Farzad emphasized that $730 million worth of non-oil products have been exported to 29 countries from provincial customs offices. A number of 110 various types of agricultural, industrial, mineral and handicrafts products were exported from the […]

Iran’s trade value up 25% in Dec.: IRICA spox_thumbnail

Seyyed Rouhollah Latifi said that 13,172,000 tons of non-oil goods, valued at $8.951 billion, were exported from the country in the last month, showing a three and 25 percent hike in terms of weight and value respectively. Iran exported 9,593,000 tons of non-oil products, valued at $4.41 billion, in the last month, showing a 0.5 and […]

Iran to produce 141mn tons of petrochemicals by 2027_thumbnail

Morteza Shah-Mirzaei Deputy Oil Minister and Chief Executive of National Petrochemical Company (NPC) said on Monday in the first meeting of “Challenges of Petrochemical Industry and Solution to Solve Problems” and put the current production capacity of petrochemical industry of the country at 90 million tons/year, expandable to 141 million tons/year up to the end […]

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