Economy

Notwithstanding the plans by the United States to impose fresh sanctions on Iran nuclear deal, India is all set to begin interim operations in the strategically important Chabahar port project next week, shipping ministry officials familiar with the development said.India has selected an Iranian company, Kaveh Port and Marine Services, …

Talking to IRNA late on Friday, he added, “Some 25 percent of Iran’s oil exports are shipped to China which as a major Iranian trade partner and oil customer has a significance place in Iran’s strategic policies.”Noting that Iran’s banking network currently faces restrictions due to the sanctions, he hoped …

Muhammad Faisal while responding to a question posed by IRNA at his weekly news briefing in Islamabad on Thursday said that the proposal for construction of undersea gas pipeline has been under consideration since 2017. “The proposal involves Pakistan, Iran, Russia and India,” he said. The spokesperson added that the …

Iranian Minister for Cooperatives, Labor and Social Welfare Ali Rabiei in a meeting with his Kazakh counterpart Madina Abylkassymova said, 'Iran and Kazakhstan in the past have signed a memorandum of understanding on safety and health in work, and they can boost such cooperation far more.'The meeting was held on …

Minister of Labor and Social Policy of Bulgaria Biser Petkov in a meeting with Iranian Minister for Cooperatives, Labor and Social Welfare Ali Rabiei expressed his country's eagerness to cooperate on sharing experience in technical education, importing Iranian skilled workers, and the know-how and experiences of Iran in fields related …

Iran Air managing director Farzaneh Sharafbafi who was in Australia to participate in the 74th IATA Annual General Meeting and World Air Transport Summit said Iran Air is expecting to receive 11 passenger planes, including eight planes from turboprop maker ATR and three from Airbus.Iran Air has ordered 200 passenger …

The Persian Gulf nation’s exports hit 2.7 million barrels per day (bpd) of oil in May, the Petroleum Ministry’s news agency SHANA reported on Saturday, a new record since the lifting of international sanctions on Tehran in 2016, Reuters reported.Iran exported 2.4 million bpd of crude oil in May, Reuters …

Abdol Hasham Hassan Nia made the remarks Monday in a meeting with Ahmad Qorbanov, Turkmenistan envoy.He criticized Turkmenistan unilateral attempt to receive tolls from Iran transit fleet in Turkmenistan.He also stressed decreasing tolls on Iranian transit trucks. Thanks to 50% increase in tolls, transit and road cooperation will have fall, …

Mustafayev made the remarks in a joint press conference with Iranian President Hassan Rouhani's chief of staff Mahmoud Vaezi on Monday.The factory is located in Neftçala, he said, adding that fortunately Azeri governmental bodies are among customers of the factory products.All issues have been solved between Iran and Azerbaijan, he …

Abbas Sufi made the remarks on Monday while referring to his joint meeting with Switzerland ambassador to Iran Markus Leitner.Switzerland is one of the suitable countries in tourism and investment fields, Sufi told the Islamic Republic News Agency (IRNA).Hamedan municipality has held meetings with Switzerland envoy to Tehran, he added. …