Category: Economy and markets
Iran’s frozen funds abroad to be released soon_thumbnail

Asked about the release of Iran’s frozen assets in foreign banks, Saeed Khatibzadeh confirmed the news and said that part of Iran’s resources will be released soon. Iranian senior diplomat added that a high-level delegation will travel to Tehran by the end of the week. Earlier on Thursday, some media reported that based on an agreement reached with some countries […]

Iran’s trade value with EAEU hits $5.6bn last year:IRICA_thumbnail

Seyyed Rouhollah Latifi said on Saturday that more than 13,127,000 tons of non-oil goods, valued at $5.643 billion, were exchanged between Iran and EAEU’s member states last year in 1400 (from March 21, 2021 to March 20, 2022), showing a 51 percent growth in terms of weight. Of total 13,127,045 tons of products, valued at […]

$7bn Iranian frozen assets to be released_thumbnail

Accordingly, necessary framework for removing blockade of a significant part of the frozen foreign exchange resources of the country has been identified and agreed upon. Under this agreement, blocked funds must be collected in Iranian accounts in a specified period of time within a few weeks. The framework of this channel to remove blockade of […]

Iran registers new monthly trade value record under sanctions_thumbnail

Seyyed Rouhollah Latifi said on Wednesday that Iran’s non-oil trade value during Esfand, the last month in the Iranian calendar year,registered a 40 percent growth as compared to the same period of last year while the country continues to remain under the tough US sanctions. Iran’s non-oil trade value also recorded a 17 percent growth as compared […]

Iran can increase oil exports by 1 mln bpd in six months_thumbnail

However, the IEA believes that it may take months before additional volumes of oil from Iran appear on the market, as negotiations on the Iranian nuclear deal stalled before the “finish line”, the Russian TASS news agency reported. Besides OPEC+ countries, United States, Canada, Brazil and Guyana can also increase supplies to the world market, […]

Iran, Azerbaijan FMs stress expansion of Tehran-Baku Ties_thumbnail

On the Occasion of the 30th anniversary of establishing diplomatic relations between Tehran and Baku, Iranian Foreign Foreign Minister Hossein Amir-Abdollahian and his counterpart Jeyhun Bayramov sent congratulatory messages to each other. “The relations between Iran and Azerbaijan originate from the friendship and good neighborliness of our nations who share common spiritual values, and historical, cultural, and religious […]

Iran’s export of products to Tajikistan at upwardtrajectory_thumbnail

Ali Akbar Mehrabian made the remarks on Wed. on the sidelines of his meeting with visiting Tajikistan Minister of Energy and Water Resources at the venue of Ministry of Energy and said, “With the aim of developing the cooperation between Iran and neighboring countries, President Raeisi made his first foreign visit to the Republic of Tajikistan. […]

Boosting ties with Qatar to connect Iran to globalmarket_thumbnail

Commenting on President Raeisi’s recent visit to Qatar and the signing of 14 cooperation documents with the neighboring country of Qatar, Mustafa Mousavi said, “The agreements signed between the two countries can have a positive impact on the development of trade and increase the country’s non-oil exports.” Referring to the establishment of the Iranian trade office in Qatar, he […]

Iranian trade office to be opened in Qatar soon:Raeisi_thumbnail

President Ebrahim Raeisi, who has paid a two-day visit to Qatar to attend the sixth Summit of the Gas Exporting Countries Forum (GECF), left Doha for Tehran last night. Upon his arrival at Mehrabad Airport, Raeisi said that his trip was aimed at improving mutual trust and cooperation with neighbors and increasing Iran’s share in the region’s economy […]

Intl. Mining & Mining Industries Exhibition to kick off today_thumbnail

The International Exhibition of Mining and Mining Industries is an opportunity to identify the mining capacities and potentials of this southern province aimed at attracting investment within the framework of the joint venture (JV) and developing the target market for the mining industry in line with turning this province into the mining and mineral hub […]

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 […]

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