Economy

'With inaugurating gasoline production projects in Bandar Abbas, Hormuzgan Province, Iran will be self-sufficient in the product,' said Ali-Asghar Ahmadi on Sunday.Saying that a submarine made by Defense Ministry will be officially join the Army naval fleet, he added that many projects of shipping, agriculture, industry aviation, road making, and …

Speaking to reporters, Halabja Governor Azad Tofiq said the delegation is to hold meetings with Iranian officials.The meetings are aimed at promoting economic relations and developing border gates, he said.He added that both sides will try to boost border exchanges volume.Developing Poshteh and Shushami gates and opening Sazan border gate …

In a meeting with Yazd economic activists in the center of Iran, he added efforts are underway to pave the ground for investment, concluding necessary deal and communications with industrial and production activists.Referring to Sri Lankan capacities, he mentioned tower building, construction materials, road and bridge building as suitable areas …

Mohammad Reza Qorbani said on Saturday that 114,192 tons of goods have been traded through Kazakhstan, Turkmenistan, China, Kyrgyzstan, Uzbekistan, Tajikistan and Russia since the middle of 2018.He said that of the 76,699 tons are related to import, 475 tons of transit cargo and 37,18 tons of non-oil are related …

117 lawmakers voted in favor of the budget outlines while 86 parliamentarians cast their votes against the bill. 8 other lawmakers abstained. As the bill was being debated, 5 parliamentary members spoke against and five others in favor. The bill’s details are set to be debated on the parliament’s public …

The statistical tables of the manufacturing units of this sector show that the production of sponge iron in January exceeded 2,145,000, up 29 percent from the same period last year.Sponge iron is a high grade source for making iron and steel that comes from the recovery of natural or processed …

Head of Organization for investment Economic and Technical Assistance of Iran Ahmad Jamali, in an interview with the Islamic Republic News Agency (IRNA), said, 'Since mid-2015, we have witnessed the presence of foreign delegations in our country, which has resulted in a large number of foreign companies willing to invest.' …

MPs discussed economic issues and the budget bill on today's open session. Next year’s budget bill is prepared according to the current economic situation of the country, especially the recent fluctuations in foreign currency market.Earlier, Head of Iran’s Plan and Budget Organization Mohammad-Baqer Nobakht said given the US sanctions against …

Director General of Foreign Ministry’s Environment and Sustainable Development International Affairs Ali Mohammad Mousavi is representing Iran in the two-day meeting dubbed 'Innovations and entrepreneurial initiatives in the rural world' at the head of Iran's delegation.The Iranian delegation is attending the event to explore ways of promoting cooperation and using …

Reza Maleki said Wednesday that importing currency was due to export 500,000 shrubs of Red Willow which earned by the workers in this sector. He said, 'The export of Red Willow of Mahallat has been exported from Imam Khomeini Airport to the European Union.' The official expressed, 'The area of …