TRADE
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Foreign trade stands at $10b during last Iranian month
Tehran, IRNA - From August 23 to September 22 (the sixth Iranian month Shahrivar), trade volume between the Islamic Republic of Iran and other countries stood at 10.635 billion dollars, according to customs administration.
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Revival of ITI corridor, Pakistani trucks reach Turkey via Iran
Islamabad, IRNA -- A major development towards revival of Islamabad-Tehran-Istanbul (ITI) corridor took place as trucks of a big Pakistani logistic company reached Turkey through Islamic Republic of Iran.
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SCO full membership boosts economic, trade ties: Iranian official
Tehran, IRNA – Since being accepted as a member of regional and international organizations will help bolster economic and trade progress of each country, Iran’s permanent membership in the Shanghai Cooperation Organization (SCO) will be fruitful for the Islamic country’s trade and economic relations, an Iranian official believes.
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Iran-ECO trade hits $5b in past 5 months
Tehran, IRNA – Iran’s Customs Spokesman Rouhollah Latifi said that Iran’s trade with nine other members of Economic Cooperation Organization (ECO) amounted to five billion dollars in the last five months.
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Iran's annual home appliance exports rise up at $300m
Tehran, IRNA - The director-general of Iran’s Trade Promotion Organization (TPO)’s Office of Arabian and African Countries said on Saturday that Iran's exports of home appliances rise up to $300 million worth each year.
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Official calls on forming border exchange council between Iran, Turkey
Orumiyeh, IRNA – Head of Iran and Turkey Friendship Group called on forming a border exchange council between Iran and Turkey to facilitate realization of the 30-billion-dollar target in trading.
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Iran's share of petrochemical trade of region shows 2% growth
Tehran- IRNA- The director of planning and development of the National Petrochemical Company (NPC) of Iran said on Friday that Iran's share of the Middle East petrochemical products trade in the Iranian 1398 (ending on 20 March 2020) was 20.2 percent and reached 22.1 percent in 1399 (ending on 20 March 2021).
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Iran pursuing economic diplomacy to promote global trade
London, IRNA - Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei's emphasis on the need for promoting economic diplomacy during his first meeting with the 13th administration indicates the significance of this sort of diplomacy in Iran's foreign policy as a top urgent mechanism.
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Iran-Eurasia trade hits $1.6b
Tehran, IRNA – The trade between Iran and members of the Eurasian Economic Union enjoying 93% growth in value has mounted to over 1.6 billion dollars during the first 4 months of the current Iranian calendar year (starting on March 21), a senior official at Iran Customs Administration said.
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North Khorasan Province exports saffron to foreign markets for first time
Bojnurd, IRNA - The head of the Chamber of Commerce, Industries, Mines and Agriculture of North Khorasan Province, northeastern Iran, said on Wednesday that for the first time, 350 kilograms of first-rate saffron exported to global markets.
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Iran's foreign trade tops 47% in 4 months
Tehran - IRNA - The value of Iran’s non-oil trade rose 47 percent during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of last year, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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Iran's challenges for trade with EAEU
Rasht, IRNA - The Islamic Republic of Iran's growing trade with member states of the Eurasian Economic Union (EAEU) is combined with both opportunities and challenges, which should be reviewed in terms of management and expertise.
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Iran, China trade capacity could reach $60b
Tehran, IRNA – Head of Iran-China Chamber of Commerce Majidreza Hariri said that trading between the two countries stood at an annual 60 billion dollars before the US sanctions against Iran, stressing that the figure could be easily achieved again if the US sanction are removed.
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Iran's exports to African trade partners up 350% in a quarter
Tehran, IRNA - Iran’s exports to its African trade partners in the first three months of the current Iranian calendar year (March 20-June 20) has increased by 350 percent in terms of value, said the Director-general of Trade Promotion Organization (TPO)’s Office of Arabian and African Countries.
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Iran’s economic surge outlook in Eurasia
Moscow, IRNA – Eurasia Expo 2021 attended by tens of business companies from Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia which is held in Tehran bespeaks of new hope for Iran’s formal membership in the Eurasian Economic Union (EAEU) and an economic surge in the Eurasia region.
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Iranian Ambassador meets Brazilian speaker
Tehran, IRNA – Iran’s Ambassador to Brasilia Hossein Gharibi met on Saturday with the speaker of the lower house of the National Congress of Brazil Arthur Lira to discuss bilateral ties.
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New chapter in Iran-Vietnam tech interaction to open up
Tehran, June 14, IRNA – Iran, and Vietnam are to hold a technology and trading meeting next month, attended by knowledge-based companies active in the fields of medical equipment, energy, IT, and artificial intelligence (AI).
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Iran, Kenya to expand ICT ties: Envoy
Tehran, June 13, IRNA – Iran Ambassador to Kenya Jafar Barmaki on Sunday said that Iran is ready for sharing its successful experience of knowledge-based companies with Kenya, and provides a platform for exchanging tech ideas and facilitate bilateral trade cooperation.
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Official: Iran has 20-40% annual growth capacity in trade with other countries
Tehran, June 5, IRNA- Chairman of Exports Commission of Iran's Chamber of Commerce, Industries, Mines and Agriculture Jamshid Nafar said that Iran has the capacity for a 20 to 40 percent growth per year to trade with world countries.
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Iran has capacity to export $5b of technical services to Iraq
Tehran, June 3, IRNA – Iran-Iraq Chamber of Commerce Secretary-General said that a target of 20-billion-dollar trading between Iran and Iraq was not out of question, while the basis to realize 5 billion dollars through technical and engineering services export was ready.
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Chinese official hails longstanding China-Iran friendship
Tehran, June 1, IRNA – Head of Shanghai International Association of Small and Medium-Sized Industries said on Monday that the friendship and solidarity between Iran and China are longstanding and meant to be strengthened.
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Iran, China launch joint industrial cooperation center
Tehran, June 1, IRNA – China’s Shanghai International Association of Small and Medium-Sized Industries and Iran’s Small Industries and Industrial Parks Organization launched Joint Cooperation Center for Small and Medium-Sized Industries on Monday.
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Switzerland welcomes Iran’s agricultural, medical goods
Tehran, June 1, IRNA – Iran-Switzerland Chamber of Commerce Chairman Sharif Nezam-Mafi said that agricultural goods and medical components topped the list of Iran’s exports to Switzerland, as trading between the two nations has increased since March.
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Official: Iran, Armenia trade volume to hit over $1b
Tehran, May 15, IRNA – Chairman of Iran-Armenia joint chamber of commerce Hervik Yarijanian said that once free trade zones are established at joint borders, the volume of mutual trade will reach over $1b.
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Official sees potential for $10bn trade between Iran, Switzerland
Tehran, May 14, IRNA – Iran and Switzerland have a potential for $10 billion of bilateral trade once Iran nuclear deal – known as JCPOA – is revived, Sharif Nezam Mafi, the head of Iran-Switzerland Joint Chamber of Commerce, said on Friday.
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COVID-19: Pakistan tightens border restrictions with Iran, bilateral trade to continue
Islamabad, May 2, IRNA -- The government of Pakistan has imposed 15-day travel restrictions to control the spread of coronavirus and its mutated variants on its border with the Islamic Republic of Iran, however trade between the two countries would continue without any interruption.
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Iran-Pakistan JEC reactivation termed vital to benefit from opening of new border points
Islamabad, April 25, IRNA -- A senior member of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for reactivation of Iran-Pakistan Joint Economic Commission (JEC) to benefit from increasing border crossing points’ openings.
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Iran, Pakistan to sign MoU to boost border trade
Islamabad, April 21, IRNA – Pakistan’s Foreign Ministry says Tehran and Islamabad would sign a Memorandum of Understanding on trade development and opening more cross-border trade centers.
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Meeting of managers of Iranian companies in foreign trade
The meeting of managers of Iranian companies active in the field of foreign trade was held today in the presence of Foreign Minister Mohammad Javad Zarif in Tehran. March 9, 2021. IRNA/ Marzieh Soleimani
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Iran, EAEU holding talks to activate FTA
Tehran, March 5, IRNA - Deputy Foreign Minister for Economic Diplomacy Rasoul Mohajer announced the growth of trade exchanges between Iran and the Eurasian Economic Union (EAEU), and said that the Islamic Republic's negotiations with the EAEU will soon start to implement the free trade agreement (FTA).