Intl. rail transportation expo running in Tehran

TEHRAN - The 10th International Exhibition of Rail Transportation, Related Industries and Equipment of Iran was opened at the Tehran Permanent International Fairgrounds in a ceremony on Tuesday, the portal of the Transport Ministry reported.

ICCIMA forms special working group on Iran-China trade development

TEHRAN – The head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has announced the establishment of a special working group for the development of trade relations with China, the ICCIMA portal reported.

Export of agricultural products up 10% in 5 months on year

TEHRAN – The value of Iran’s exports of agricultural products increased by 10.14 percent in the first five months of the current Iranian calendar year (March 21-August 22), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).

Iran, Egypt discuss expansion of economic ties

TEHRAN – Iranian Finance and Economic Affairs Minister Ehsan Khandouzi and the Egyptian Minister of Finance Mohamed Maait discussed the expansion of economic ties between the two countries in a meeting in Cairo.

Iran begins developing new gas field in northeast

TEHRAN – The first phase of the development project of the Tous Gas field in northeastern Iran was started in an official ceremony on Sunday, Shana reported.

Fishery exports increase 32% in 5 months on year

TEHRAN - The value of Iran’s fishery export has risen 32 percent in the first five months of the current Iranian calendar year (March 21-August 22), compared to the same period of time in the past year.

By Mahnaz Abdi

Iran, Indonesia committed to boost their bilateral co-op to a higher level: ambassador

TEHRAN- The Indonesian Embassy in Tehran celebrated the 78th anniversary of the country’s Independence Day at the place of Parsian Azadi Hotel in Tehran on Thursday evening (September 21).

Free Zones High Council calls for improving inspection patterns, judicial affairs in FTZs

TEHRAN – The secretary of the Iranian Free Zones High Council has called on the Justice Minister to improve inspection patterns and judicial affairs in the country’s Free Trade Zones (FTZs), the news portal of the country’s free and special trade zones (Freena) reported.

Iran becomes a member of AECSD

TEHRAN – The Central Securities Depository of Iran (CSDI) has been accepted as a member at the Association of Eurasian Central Securities Depositories (AECSD), IRIB reported.

Iran ready to expand co-op with ISO: ISIRI head

TEHRAN - Head of the Institute of Standards and Industrial Research of Iran (ISIRI) Mehdi Eslam-Panah has expressed the country’s readiness to expand cooperation with the International Standard Organization (ISO), IRIB reported.

Monthly production of industrial companies active in stock market up 6.1%

TEHRAN - The production index of Iranian industrial companies active in the stock market has grown 6.1 percent in the fifth Iranian calendar month of Mordad (July 22-August 22) as compared to the figure for the same month in the previous year.

ICCIMA calls for implementing free trade agreement with Serbia

TEHRAN – The head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has called for the implementation of a free trade agreement with Serbia in order to boost trade between the two countries.

Export by cooperatives rises over 61% in Q1

TEHRAN - Iran’s cooperative sector exported commodities worth over $185.33 million during the first three months of the current Iranian year 1402 (March 21- June 21), registering a 61.03 percent increase year on year.

Iran, Oman stress expansion of industry, mining co-op

TEHRAN- During a meeting between Iran’s Industry, Mining and Trade Minister Abbas Ali-Abadi and Oman’s Energy and Minerals Minister Salim bin Nasser Al Aufi, the two sides stressed the need to expand and strengthen cooperation in the fields of industry and mining.

Iranian trade center starts activity in Jeddah

TEHRAN- The director of Commercial Attachés Office of Iran’s Trade Promotion Organization (TPO) announced that license was issued to establish a trade center in Saudi Arabia, and the center started its activity in Jeddah.

Motorcycle production up 45% in 5 months yr/yr

TEHRAN - Motorcycle production in Iran has grown 45 percent in the first five months of the current Iranian calendar year (March 21-August 22) compared to the same period last year.

Reducing risks in stock trade can improve market trend: expert

TEHRAN – Ehsan Asgari, a stock market analyst, believes that the government’s measures for reducing the risks of trade in the capital market can help improve the market’s trend in the long term.

By Mahnaz Abdi

Value chain completion, a top agenda of NPC

TEHRAN- The managing director of Iran’s National Petrochemical Company (NPC) said that completing the value chain is not a motto, while it is a top agenda of the NPC’s activities, it is a program and a duty.

ICCIMA calls for establishing new monetary mechanisms with Bulgaria

TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Hossein Selahvarzi has called for establishing new banking and monetary mechanisms to expand trade with Bulgaria, the ICCIMA portal reported.

Intl. coffee festival running in Tehran

TEHRAN – The 10th Iran International Coffee Festival kicked off at the Shahr-e-Aftab Exhibition Center in the capital Tehran on Tuesday, IRIB reported.

Iran’s €5.57b frozen assets unblocked

TEHRAN- The governor of the Central Bank of Iran (CBI) announced that €5.573 billion of the country’s frozen assets has been unblocked.

Iran interested in effective presence in ESCAP

TEHRAN – The head of Iran’s Planning and Budget Organization (PBO) has expressed the country’s interest in an effective presence in the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), IRIB reported on Sunday.

Over 200 foreign companies participating in Iran Plast 2023

TEHRAN- The 17th International Exhibition of Plastic, Rubber, Machinery, and Equipment (Iran Plast 2023) kicked off at the Tehran Permanent International Fairground on Sunday.

117 new promising mineral zones identified across Iran

TEHRAN – The Geological Survey and Mineral Exploration of Iran (GSI) has announced the discovery of 117 new promising mineral zones across the country, IRNA reported on Sunday.

China's independent refiners eager for Iranian oil despite sanctions: report

TEHRAN - Figures show that the demand for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia and as Tehran is stepping up its oil output and exports.

Iran preparing infrastructure to boost rail transit with China

TEHRAN - The head of the Islamic Republic of Iran Railways (known as RAI) has said that the basis for the jump in the rail transport of goods originating and destined for China through Iran is being prepared and soon the rail transit with the Asian country through Iran’s Sarakhs border will increase significantly.

IRISL throughput increases 153% in Chabahar Port

TEHRAN – The operational capacity of the Islamic Republic of Iran Shipping Lines (IRISL) fleet has increased by 153 percent in Chabahar Port due to the increase of investment in the port which has made it possible for ships with higher capacity to commute to this port, Mana reported.