With Baghdad’s official agreement to open the Chilat border, the number of operating border crossings between Iran and Iraq has increased to seven, facilitating the $30 billion annual trade route between the two countries, the transit of goods,…
Category: 4. Business
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Iran, EAEU sign 3-year roadmap to implement free trade deal
The document was signed in Moscow on Wednesday by Iran’s Minister of Industry, Mine and Trade Mohammad Atabak and EAEU’s executive body’s Minister in Charge of Trade Andrey Slepnev.
The signing of the three-year roadmap had come after Iran…
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Snapback mechanism won’t create new restrictions on oil sales
“Snapback does not impose any new direct restrictions on oil sales,” Oil Minister Mohsen Paknejad told reporters on the sidelines of a Cabinet meeting. “If we face circumstances that require action, we are prepared.”
He emphasized that…
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Iran’s Mobarakeh Steel Company in line of world’s giants
Iran, through Mobarakeh Steel’s recent initiative in Afghanistan, seeks to complete the missing link in its production chain. Yet, competing in this multi-billion-dollar arena against established players will be a formidable challenge.
…
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Tehran, Moscow hail free trade deal as turning point in economic ties
TEHRAN – Iran’s Industry, Mining and Trade Minister Seyed Mohammad Atabak met Russian Economic Development Minister Maxim Reshetnikov in Moscow during the first joint committee session on implementing the Iran–Eurasian Economic Union (EAEU)…
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Iran, Uzbekistan target 2m tons of rail trade by 2026
TEHRAN – Iran and Uzbekistan have set an ambitious target to more than double their rail freight exchanges to 2.0 million tons by 2026, the head of Iranian Railways said after talks with his Uzbek counterpart.
Jabbarali Zakeri, head of the…
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Technological Cooperation with China a Strategic Bond – Iran News Daily
Technological Cooperation with China a Strategic Bond
TEHRAN (Iran News) According to the ministry, Seyed Sattar Hashemi told the gathering—attended by numerous ambassadors and foreign representatives—that the establishment of the People’s…
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TCCIMA discusses business resilience strategies amid snapback sanctions risk
TEHRAN – Members of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) debated the impact of looming snapback sanctions and ways to boost demand during stagflation at their 30th general assembly, held on the first day of…
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Iran security chief meets business leaders, pledges support for private sector
TEHRAN – Ali Larijani, secretary of Iran’s Supreme National Security Council, met with the board and private sector representatives of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Tuesday, delivering assurances that…
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