Economy

Business Line newspaper wrote in its report that Indian traders prefer Iranian steel because it is heavily discounted.The first consignment of steel imports from Iran is expected in two tranches of 32,000 tonnes and 50,000 tonnes from Bandar Imam Khomeini port and would be discharged at Nhava Sheva and Kandla …

Federal Minister for Railways Sheikh Rasheed Ahmad made the offer during a meeting with Turkish ambassador to Pakistan Ihsan Mustafa Yurdakul in Islamabad on Friday.Earlier the minister had told Ambassador of Iran to Pakistan Mehdi Honardoost that Quetta-Taftan-Zahedan rail track will be upgraded on fast track basis.“Collaboration in improving the …

Azerbaijan Energy Ministry wrote in its website that Iran-Azerbaijan technical Committee in a meeting in Azerbaijan Energy Ministry also considered future measures and commitments and liabilities of related institutions to implement the project.'The project is of strategic importance; so, expediting the construction and exchange of information on the issue is …

February imports into Asia are expected to nearly double to 1.38 million bpd, Refinitiv data showed, Reuters reported.Asia’s top four buyers of Iranian crude--China, India, Japan and South Korea--imported a total 710,699 barrels per day of crude from Iran in January, 49 percent lower than the same month in 2018, …

Police commander in Varzaqan city, Colonel Qassem Nazari told the Islamic Republic News Agency (IRNA) on Thursday that ore of the precious metal loaded on a truck was carried illegally out of the country.Nazari said one person was arrested in that connection and handed over to the judiciary for further …

After a meeting with the Armenian Minister of Transport, Communications and Information Technologies Hakob Arshakyan, he added in a press conference that Iran and Armenia have had cooperation in the field of ICT, including transit of information from Iraq to Europe via Armenia which took place on the basis of …

Manouchehr Salmanzadeh, an official affiliated to Iran's Road Maintenance and Transportation Organization and Tatiana Yugeniuna, an official from the Ministry of Transport of the Russian Federation signed the Memorandum of Understanding (MoU) in field of road transportation.According to the agreement, the two countries would facilitate road transportation between the two …

On his Twitter account, ICT minister announced Wednesday that he had met with the Afghan Minister of Communications and the agreements he has made with him.'In the course of this visit, the first international exhibition of ICT in Afghanistan was signed and exchanged with the aim of establishing joint cooperation …

According to the report by Pejvak news website of Afghanistan, Zia ul-Haq Sarhadi, the Deputy Director of the Border Customs Organization of Pakistan, underlined that most of these trade exchanges have been handed over to these two Iranian ports due to border problems between Pakistan and Afghanistan.Speaking as a senior …

According to Azerbaijan State News Agency (AZERTAC), the draft of memorandum of understanding (MoU) to tackle illegal fishing in the Caspian Sea also was reviewed in the meeting. Attended by several experts from Iran, Russia, Turkmenistan, Kyrgyzstan, the two-day event was opened on Tuesday.Morteza Mehranpour, Head of the International Affairs …