Economy

'Tthe two countries' economic cooperation needs launching a banking system as the trade ties cannot be broadened unless the monetary exchanges between the Iranian and Vietnamese banks is established,' Iranian Parliament Speaker Ali Larijani said in the meeting with his Vietnamese counterpart Nguyen Thi Kim Ngan in the Qatari capital …

'The United Nations has established a banking channel so cash assistance would makes its way into Iran,' UN Resident Coordinator and Representative of Secretary General in Iran Ugochi Daniels told reporters in Tehran on Monday.“This is the result of efforts that have been made at the UN headquarters,” she added. …

In an exclusive interview with IRNA, Fang Qiuchen said that 'the trade between Iran and China is eye-catching and various companies of China have implemented big projects with their Iranian counterparts.'He noted that Iran and China have good ties in energy, petrochemicals, and trade. 'We held a big fair in …

According to the MoU, they agreed to set up bourse branches in Baghdad, Kurdistan autonomous region and Najaf to facilitate exchange of goods and commodities between the two sides.They also agreed to create suitable grounds for dissemination of business news to persuade Iraqi businessmen to play active role in Tehran …

Addressing Iran-Iraq Business Conference held in Iran's Chamber of Commerce on Sunday, Reza Ardakanian while outlining some principles of the three-year plan to rebuild the Iraqi power industry, said with the implementation of this program, in three years, Iraqi power losses are reduced from 50 percent to 20 percent which …

There is no doubt that regular talks between the two sides officials play a very prominent role in broadening economic cooperation between Iran and Iraq in various economic sectors, Gholam hossein Shafei said.The Islamic Republic of Iran is to broaden strategic cooperation with its neighboring countries and Iraq in particular …

“Our strategy to develop economic and political cooperation with Iraq is to hit the target of $ 20 billion trade in 2021 (1400, according to the Persian calendar),” said Iranian First Vice President Eshaq Jahangiri addressing the joint Iran-Iraq business forum that was held at Iran Chamber of Commerce, Industries, …

Speaking to IRNA on the sidelines of his meeting with his Iraqi counterpart Thamir Ghadhban during a tour of to Energy Industries Engineering and Design (EIED), on Sunday, he elaborated on the price of Iran's gas exports to Iraq which stands at about $ 1b.He added that the Central Bank …

'We are optimistic about developing electricity industry in cooperation with Islamic Republic of Iran,' he said.The Iraqi energy minister made the remarks after a meeting with the Iranian Energy Minister Reza Ardakanian late on Saturday. Al-Khateeb who is accompanying Iraqi Prime Minister Adel Abdel-Mahdi during his two-day visit to Iran …

'668,000 tons of goods worth nearly $ 1.6 billion were exported from this province to other countries,' Mazandaran Customs Administration Managing Director Ali Yousefi Manesh said on Saturday. 'This shows a 58% and 6% growth in value and volume compared with last year's corresponding period,' he added. Dairy products made …