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Iranian carmaker capturing markets from Asia to Africa

Iranian carmaker capturing markets from Asia to Africa

Based on the Automotive Industry Development Document, Iran is expected to export one-third of cars manufactured in the country by 2025, according to a report released by the February issue of Ikco Vision, the publication produced by the International Relations Department of the auto manufacturing group.Iran Khodro products are going …

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Zangeneh: PGSR to be operational in March

Zangeneh: PGSR to be operational in March

Speaking to reporters after weekly cabinet session on Wednesday, Zangeneh commented on cooperation with Chinese companies, and said these companies are Iran’s strategic partners. Zangeneh said for the time being, the first section of the PGSR has been operational and the second section, relating to distillation, has received feedstock.He noted …

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Petroleum minister: Iran to export its oil to Russia soon

Petroleum minister: Iran to export its oil to Russia soon

Zanganeh made the remarks in a meeting with visiting Russian Energy Minister Alexander Novak in Tehran. Zangeneh reiterated that fifty percent of the exported shipment would be paid in cash in specific deadlines and the rest would be spent on importing Russian commodities that Iran needs.He also appreciated Russia’s constructive …

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Iran to set up FTZ with EAEU

Iran to set up FTZ with EAEU

Jahangiri further told First Deputy Prime Minister of Russia Igor Shuvalov that Iran and Russia should try to upgrade their economic relations to the tune of proper political relations.He hoped that the visit of the Russian senior official to Iran will end up in promotion of bilateral relations. Jahangiri announced …

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Parliament approves outlines of next year budget bill

Parliament approves outlines of next year budget bill

Out of 202 votes cast in the Tuesday session, 111 votes were in favor and 70 against the legislation with five votes of abstention.The lawmakers then focused on details of the document.The bill includes one articles and 21 notes.The parliament started debate on the bill last Monday and 10 MPs …

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Iran, Kazakhstan sign transit cargo transportation tariff

Iran, Kazakhstan sign transit cargo transportation tariff

The Islamic Republic of Iran Railway announced on Tuesday that based on the railway cooperation agreement, the two sides will ease railway tariffs of the export and transit goods. Signatories to the deal were Deputy Head of Iran State Railway Organization for Exploitation Affairs and his Kazakh counterpart Arman Sultanev.Based …

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Iraqi Hakim, Iranian minister discuss joint border oil fields case

Iraqi Hakim, Iranian minister discuss joint border oil fields case

Both sides discussed the issue of exploiting joint border oil fields and solving the related problems through negotiations and agreements and using Iran’s border refineries oil fields in producing oil in Kirkuk oil fields, according to a statement by Iraqi National Coalition.“Common stances and establishment of economic ties between Iran …

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Export of Iran gas to Iraq to start soon: Iraqi minister

Export of Iran gas to Iraq to start soon: Iraqi minister

Exclusively speaking to IRNA, al-Fahadawi said the process of the export is in its final phases. He further appreciated good cooperation between Baghdad and Tehran, adding that unfortunately the cooperation has not reached the expected level as Iraq is suffering from a serious financial crisis which he described as the …

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Zangeneh, Al-Abadi discuss impediments to cooperation

Zangeneh, Al-Abadi discuss impediments to cooperation

According to a statement by Iraqi Prime Minister’s Office, both officials also shared views on cooperation in the fields of oil and gas as well as electricity.Zangeneh also conveyed President Hassan Rouhani and First Vice President Es’haq Jahangiri's regards to Al-Abadi, reaffirming Iran’s support to Iraq in anti-terrorism campaign.Zangeneh arrived …

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Japan inks donation agreement with Iran to help physically-impaired

Japan inks donation agreement with Iran to help physically-impaired

According to the report of the Japanese embassy cultural center in Tehran, seven agreements with an aggregate value of 446,140 euros were signed by Japan's Ambassador to Tehran Hiroyasu Kobayashi as follows;Donation sum up to 68,997 euros to Gilan province's physically-impaired and elderly sanatorium in a project to provide rehabilitation …

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