Economy

'For us, Iraq, we don't have any other option right now,' Musaab Mudarris, an electricity ministry spokesman, told reporters on the sidelines of an energy conference in Baghdad.He said summer season electricity demand in Iraq is 24,000 MW, even with government plans to shut down state-run factories and other attempts …

“Well we said very clearly that we will continue to sell our oil and we will continue to survive and our people will show to the United States that they cannot deal with Iran through pressure,” Zarif told reporters in New York answering a question regarding recent US act to …

British Prime Minister Theresa May has given the green light to a Chinese telecoms giant to help build Britain's new 5G network despite warnings from the US and some of her most cabinet ministers that it poses a risk to national security, local newspaper The Telegraph reported on Tuesday. The …

Daroo Khan Achakzai stated that presently Pakistan and Iran enjoy Preferential Trade Agreement (PTA); wherein the concessions on 18 percent of items are given.Achakzai urged on the promotion of barter trade between both nations as Pakistan has huge potential in exporting of agriculture products and edible fruit and vegetables while …

Talking to IRNA on Tuesday, he added, “We and our European partners will remain committed to the JCPOA as long as Iran will comply with its commitments under the deal.”The UK government has on several occasions expressed discontent over reinstating sanctions.On May 8, 2018, Trump withdrew from the JCPOA, which …

Addressing the meeting and reviewing Qeshm’s capacities for developing knowledge-based economy, Fereydoun Hemmati hailed role of private sector in the field of production.He further noted that Hormuzgan province boasts of suitable capacities in the field of knowledge-based companies.Hemmati invited local experts to help overcome problems facing the province.Meanwhile, managing director …

Mohammd Rastad told the inaugural ceremony of the organization’s new security chief that despite the US moves to limit Iran last year, over 265 million tons of goods were exported, imported and transited from the Iranian ports.Given the annexation to the SOLAS Convention, observing security code of ISPS is of …

In the meeting on Tuesday with of Morteza Saffari Natanzi, chairman of the Foreign Policy Committee of the National Security and Foreign Policy Commission of the Parliament, Ahmet Halilovic referred to the long-standing relationship between Bosnia-Herzegovina and Iran, saying the two countries have good relations with each other, based on …

Construction, electricity, steel, tile and wood processing companies are among 45 Iranian companies taking part in the fair that opened on Monday. Iran's Ambassador to Iraq Iraj Masjedi urged the Iraqi companies to take advantage of this event to improve the Iraqi market. 'We will not leave Iraqis alone in …

Talking to Iranian reporters in Beijing, Pour-Ebrahimi said that meetings have been held between respective officials of Iran and China to promote economic relations.He added that the Iranian delegation has put on the agenda developing economic cooperation with senior officials of China Communist Party during the current visit.Pour-Ebrahimi, accompanying a …