economy

9 Jul

Iran’s Iron Ore Concentrate Production Up 4%

TEHRAN (Tasnim) – Figures released by Iran’s metals conglomerate IMIDRO show an increase in the country’s production of iron ore concentrate in the year to late March. The figures published on Saturday showed that the total production of iron ore concentrate in Iran had reached over 51.5 million metric tons (mt) over the past calendar

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Iran’s Annual Trade with Neighbors Rises by 43%

The value of Iran’s trade exchanges with fifteen neighboring states in the previous Iranian year (ended on March 20) stood at around $52 billion, showing a 43% increase compared to a year earlier, a deputy minister announced. According to Iranian Deputy Economy Minister Alireza Moqaddasi, the annual value of the country’s trade exchanges with 15

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The value of Iran’s non-oil trade exchanges in the previous Iranian year (ended on March 20) hit a record high of $100 billion, a deputy minister announced.

9 Apr

Iran, Armenia to Embark on Joint Ventures: Minister

Iranian Minister of Industry, Mine and Trade Reza Fatemi Amin hailed his visit to Armenia as constructive, saying Tehran and Yerevan agreed on launching joint ventures. “We have clinched new agreements with Armenian officials on joint production of pharmaceutical products and home appliances based on which raw materials or parts will be imported to Armenia.

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South-North Corridor Top Priority in Iran-Armenia Ties: Minister

Iranian Minister of Industry, Mine and Trade described developing South-North Corridor as a high priority for the Islamic Republic in boosting ties with Armenia. “One of the four main routes of the South-North Transport Corridor passes through Armenia. The transport connectivity between Iran and Armenia should be implemented to this end,” Reza Fatemi-Amin said during

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An Iranian delegation comprising oil industry and banking experts held meetings with South Korean authorities and companies in a visit to Seoul to weigh plans for the restart of sale of oil and gas condensates to the East Asian country, Iran’s Foreign Ministry spokesman said.

9 May

Iranian, Pakistani Officials Discuss Development of Border Markets

Iranian Interior Minister Ahmad Vahidi and Pakistan’s ambassador to Tehran Rahim Hayat Qureshi weighed plans for the promotion of border trade between the two countries. In a Sunday meeting with the Pakistani envoy in Tehran, Vahidi said the development of border markets and enhanced trade exchanges would promote cooperation between the two neighbors. Stressing the

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