Economy

“We need to distance ourselves from the sanctions imposed on Iran. We should bypass those sanctions and we are committed to invest in Chabahar Port,” Indian Shipping Secretary Gopal Krishna told politicians and business delegates from dozens of countries that participated in a big ceremony to celebrate the Chabahar Day. …

“The fact that Afghanistan has used the Chabahar Port for the first time to export its goods has opened a new chapter in developing political, economic and commercial relations,” Iranian Roads and Urban Development Minister Mohammad Eslami told reporters on the sideline of the Chabahar Day ceremony which was a …

“Japanese companies that have been actively engaging with Iran over the past months, continued their presence in the country,” Japanese Ambassador Mitsugu Saito told Abadolnaser Hemmati, Governor of Central Bank of Iran (CBI) in Tehran on Tuesday. The two officials discussed Iran oil payment clearance through Japanese banks as well …

In an International Conference on the Development of the Chabahar Port here on Tuesday, Mohammad Eslami putlined the economic and transit capacities of the port.He noted that the railway link from Chabahar to Afghanistan and from there to Central Asia as well as another one connecting China to Europe via …

'According to the data provided by the Armenian ministry of economic development and investments, 5301 companies with an Iranian capital, mainly individual entrepreneurs, are registered in Armenia as of January 1, 2019: this number comprises 36.6% of the total number of foreign companies registered in Armenia,' wrote ArmenPress, adding, 'The …

Foreign guests from 17 world countries as well as Minister of Roads and Urban Development Mohammad Eslami attended the Chabahar event. Chabahar Day conference is aimed at introducing investment capacities of the important and strategic Iranian port city to the world.On the sidelines of the conference, several economic projects will …

Talking to reporters on the sidelines of a ceremony inaugurating strategic equipment of Chabahar, Emam Mohammad Verimaj said that his country will hopefully use the port for exports as it utilizes Sea of Oman and Indian Ocean.“Afghan government has entered into talks with World Bank for receiving finance for completion …

'Forty of the new products are chemical, 40 herbal and the rest biological types of medicines and raw materials,' said Mehdi Pirsalehi.Pirsalehi added the domestic production provides 70 percent of the need of the country and 30 percent are still imported.He also added that the imported items are prioritized to …

Iran's Trade Attaché in Pakistan Mohammad Haji Yousefipour referred on Monday to 41% growth of Iran's exports to Pakistan in 10 months this current Iranian year, saying that Iran's exports to Pakistan in the 10 months of 2017 (led to January) totaled $ 741 million. The figure stood at $ …

Director of the Electromagnetic Compatibility Reference Laboratory (EMC) of the Iranian Space Research Center, Shahram Ghaebi, addressing the opening ceremony of the center on Monday, stressed the need for foreseeing all necessary measures to be able to cope with the hard situation duraing its launching. He said 'When the satellite …