Economy News

  • Iraq reopens border crossing with Iran

    Iraq reopens border crossing with Iran

    Baghdad, July 11, IRNA – The Iraqi Border Crossing office announced the reopening of the Soomar-Mandeli border in the presence of Iraqi prime minster Mustafa al-Kadhimi on Saturday.

  • Iranian companies sign Development contract of joint oilfield with Iraq

    Iranian companies sign Development contract of joint oilfield with Iraq

    Tehran, July 11, IRNA – Iranian companies on Saturday signed contract for development of Yaran joint oil field with Iraq.

  • Iran has border restrictions only with two countries

    Iran has border restrictions only with two countries

    Tehran, July 11, IRNA - Border seal-off for the purpose of quarantine has remained only with two neighboring states, Iranian Customs Administration spokesman said on Saturday.

  • Diplomat: Iranian exporters are main envoys in world

    Diplomat: Iranian exporters are main envoys in world

    Moscow, July 10, IRNA – Iranian Ambassador to Russia Kazem Jalali said Iranian businessmen and exporters are the main ambassadors of Iran in the world, adding that they play major role in developing relations in a dynamic manner.

  • Official says Chabahar Port to be Iran's third commercial hub

    Official says Chabahar Port to be Iran's third commercial hub

    Chabahar, July 10, IRNA - The caretaker of the Ministry of Industry, Mines and Trade noted that Chabahar Port will soon become the third commercial hub of Iran due to its infrastructure, capacities and strategic position which enables it to gain equal importance to Bandar Abbas and Imam Khomeini Port in the south of the country.

  • Iran, Russia review latest Middle East developments

    Iran, Russia review latest Middle East developments

    Moscow, July 10, IRNA – Iran's Ambassador to Moscow Kazem Jalali and Russian presidential envoy for the Middle East and Africa Mikhail Bogdanov, in a meeting in the Russian capital on Friday, discussed the latest developments in the Middle East region. 

  • Official says Iran can provide railway transit between India, Russia

    Official says Iran can provide railway transit between India, Russia

    Tehran, July 10, IRNA – Referring to railway connection of Chabahar and Zahedan in southeastern Iran, Managing-General of the Islamic Republic of Iran Railways (IRIR) Saeed Rasouli said on Friday that this route can be used for transfer of cargos from CIS countries and provide railway transit between India and Russia.

  • President to open important projects in southeastern Iran

    President to open important projects in southeastern Iran

    Zahedan, July 9, IRNA - President Hassan Rouhani is to inaugurate five important projects in southeastern province of Sistan-Baluchestan via a video conference on Thursday, caretaker of Ministry of Industry, Mine and Trade has announced.

  • Official: Iran first trading partner of Iraq

    Official: Iran first trading partner of Iraq

    Baghdad, July 8, IRNA - Head of the Iraqi Economic Activists Union Sabih al-Hashemi stressed Iran has been able to become the first trading partner of Iraq in recent years.

  • Iran-EAEU trade grows up by 14%

    Iran-EAEU trade grows up by 14%

    Tehran, July 8, IRNA – Trade between Iran and the Eurasian Economic Union (EAEU) has grown up by 14% since Iranian accession and formation of Iranian Free Trade Zone, according to Trade Promotion Organization (TPO).