Economy

Reza Rahmani made the remarks while addressing reporters on the sidelines of the last cabinet session on Monday before the end of the current Iranian calendar year. He said that the two giant Iranian automakers – Saipa and Iran Khodro – used to produce between 1,200 and 1,500 vehicles a …

Special committees at Iran-China joint economic commission are planned to discuss ways to widen bilateral relations in the areas of investment, trade, banking, border, communications, environment, agriculture, food and health security, science, culture and tourism.During his two-day stay in Beijing, Dejpasand and his high-ranking economic delegation are scheduled to meet …

'The export of goods from Sistan and Baluchestan province to Afghanistan in the 11th month of this current Iranian year (beginning on March 21, 2018) amounted to 278.3 million dollars, which shows a 85 percent growth in terms of value compared to the same period last year, the head of …

Countries plan their trade exchanges on the basis of their economic advantages, so trade exchanges of any country can be a mirror of its economy. In fact, countries in the world export goods that have the ability to produce at lower cost so that they can compete with rivals in …

The Director General of the Thermal Power Company Mohsen Tarztalab, at the meeting of the power plants’ managers, added, 'There are 123 units of thermal power plants in the country, including 42 government units, 60 private units and 21 units are in the hand of large industries of the country.'The …

Minister of Petroleum and managers and specialists of the phases elaborated on the process of construction of the massive gas refinery and production of various products in it, as well as South Pars development phases. The Iranian president appreciated efforts by engineers and staff of South Pars, and expressed his …

Majid Pour-Isa added after a meeting with Chinese investors that the investments will be made in marble mines of Garmeh County. “Chinese operation in the province’s mines will start as of the next Iranian year (to start March 21),” he said.There are also plans to cede land to the Chinese …

Pakistani daily Tribune wrote that Islamabad and Tehran are calling for a further increase in bilateral trade relations, which will help the two neighboring countries' trade.Following the Friday meeting of Omar Asad, Pakistan's Finance Minister, with Hasan Abqari, the managing director of the Iran’s Foreign Investments Company, the Pakistani Finance …

All sides should do their best to increase trade volume from the International North–South Transport Corridor (INSTC), Head of the Azerbaijani Railways Javid Gurbanov told reporters on Saturday.He said that the volume of trade exchanges, using Iran and Azerbaijan Republic's soil, was 27,000 tons in 2017, but increased to 270,000 …

The development plan for phases 13, 22 to 24 of South Pars enjoys a daily production capacity of 113 million cubic meters of gas, 100 million cubic meters of methane, 150,000 barrels of gas condensate, 800 tons of granular sulfur, 2.1 million tons of liquid gas per year, and two …