By ordering the construction of a 7,000-ton ship in Russia, the Islamic Republic of Iran Shipping Group is trying to increase the volume of maritime trade between the Caspian Sea littoral states and play a major role in the country’s export and import cargo. In addition, the Iranian port of Solyanka has managed to get the […]

In a message on his X social media platform on Thursday, Bagheri Kani congratulated Indian Foreign Minister S. Jaishankar as well as the Government and People of India on the occasion of Independence Day. “I am sure that the developing relationship between the Islamic Republic of Iran and India plays an important role in the […]

Iran remained the third largest oil supplier in OPEC after Saudi Arabia and Iraq, the data showed. Total oil supply by OPEC’s 12 member countries reached 26.746 million bpd in July, up from 26.562 million bpd in June, the organization said, citing information it had received from secondary sources. The OPEC data showed that the […]

In an article published on Saturday in Iran’s Tehran Times, Pezeshkian said Iran cherishes its traditional friendship with China and looks forward “to collaborating more extensively with Beijing as we advance towards a new global order.” When asked to comment on Pezeshkian’s remarks at a daily press briefing, spokesperson Lin Jian said China and Iran […]

These media outlets also confessed that Operation Al-Aqsa Storm inflicted heavy economic damages and losses on the Zionist regime. It is expected that the number of Zionist companies shut down as a result of the operation will reach 60,000 by the end of 2024, the media reported. According to some economic institutions of the Zionist regime, […]

Deputy  Governor of the Central Bank of Iran (CBI) Mohsen Karimi said, “The monetary agreement made between two central bank represents a channel for money mass exchange between the two countries. This is the approach to de-dollarization and mitigation of sanction risks, and this measure is not exposed to sanctions. In other words, no sanctions […]

Hossein Roustaei said that Iran’s export of non-oil products to Afghanistan increased in the first three months of the current Iranian calendar year (March 21 to June 22, 2024). Iran’s export of non-oil products to Afghanistan exceeded $517 million between March 21 to June 22, 2024, showing a 31 and 23 percent growth in value […]

Governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin met and held talks with his Russian counterpart Elvira Nabiullina on the sidelines of the International Banking and Financial Forum held in St. Petersburg. During the meeting, the two sides discussed bilateral ties and issues of mutual interest. The meeting was also attended by […]

Speaking in a radio interview on Thursday a day after the Iranian National Gas Company (NIGC) and the Russian company Gazprom signed a memorandum of understanding for gas transfer from Russia to Iran, the Iranian oil minister said that the deal with Moscow will sharply increase Iran’s share in the international gas market. “With this agreement, […]

The figure shows a 2% growth compared to $1.72 billion reported in last year’s corresponding period. The report also indicated that the volume of trade between the two neighboring countries stood at $386 million in April 2024, a 12% increase compared to the same month of 2023. Turkiye exported some $1.05 billion worth of commodities […]

Agricultural exports also rose by 24 percent in terms of weight, the Islamic Republic of Iran Customs Administration (IRICA) announced. Iran exported some 1,260,000 metric tons (mt) of agricultural products worth $536 million in the same period last year. In terms of value, the main agricultural items exported in the mentioned period are apples worth […]

Iran is actively participating in the activities organized under Russia’s chairmanship in BRICS, and the countries are working to create a single currency for the association, Jalali said in a press conference during “Russia – Islamic World: KazanForum”. The ambassador noted that Iran, as a new member state of the association, is conducting large-scale work […]