Category: 4. Business

TEHRAN – Iran will soon sign contracts to increase gas production capacity before the end of the current Iranian calendar year (late March 2025), Oil Minister Mohsen Paknejad stated. Speaking on the sidelines of the Gas Exporting Countries Forum… Continue Reading

TEHRAN – Kyrgyzstan has significantly increased its imports of fresh fruits from Iran during the first nine months of 2024, marking a doubling of trade volumes compared to the same period last year. According to a report by Kyrgyzstan’s… Continue Reading

TEHRAN – Iran and Vietnam have agreed to exchange trade delegations to boost economic cooperation following a visit of an Iranian private sector delegation to Vietnam. Led by Ghadir Ghiafeh, Vice President of the Iran Chamber of Commerce,… Continue Reading

CEO of US oil company Chevron said in recent remarks made to the think tank Atlantic Council that current US sanctions have not really kept Iranian barrels out of the market, but rather redirected them, according to Press TV.  “And that is… Continue Reading

Kyrgyzstan in the latest report has announced that the import of fruit from the Islamic Republic doubled from January to September 2024. Exports of fruit from Iran to Kyrgyzstan doubled in Jan-Sep: Data TEHRAN (Iran News) The National… Continue Reading

TEHRAN- Iran exported sponge iron worth $199 million in the first seven months of the current Iranian calendar year (March 20-October 21), the Iranian Steel Producers Association (ISPA) reported. As reported, the figure shows 22 percent drop from… Continue Reading

TEHRAN – Iran’s gas consumption in the residential and commercial sectors reached 582 million cubic meters on Sunday, a significant increase compared to the same day last year, according to the National Iranian Gas Company (NIGC). This… Continue Reading

TEHRAN – Iran’s production of agricultural machinery increased by 10 percent in the first seven months of the current Iranian year (March 20-October 21), compared to the same period last year, a senior official at the Ministry of Industry,… Continue Reading

TEHRAN – The Tehran Chamber of Commerce Industries, Mines and Agriculture (TCCIMA)’s Anti-Corruption Committee, representing the private sector, has begun collaboration with the International Organization for Standardization (ISO), a senior… Continue Reading

TEHRAN – Iran and Russia have initiated the implementation of two major transit-logistics projects aimed at enhancing trade routes and reducing cargo transport times. The projects include the Ulyanovsk-Astara rail corridor and the Volga-Caspian… Continue Reading