Economy

He added that Russia already worked out a cooperation mechanism with Iran and mentioned the possibility of direct transactions with Iranian companies, Spunik reported.The Russian MP also confirmed that while the Russian financial messaging system still needs to be technologically integrated with its foreign counterparts, Moscow and Tehran have already …

The KFTZO's Public and International Affairs Department quoted Deputy Head of Kish Free Trade Zone for Tourism Affairs Ali-Reza Qaedian as saying that the Zone had got the UNWTO membership in the 109th session of the World Tourism Organization's Executive Council session, held in Manama, Bahrain on October 31.The Council …

'The dates were mostly exported to Russia, Ukraine and India,' said Qassem Mohammadzadeh. 'The province produces 150 tons of dates annually andabout 30,000 tons are expected to be exported until the end of this Iranian year (to end on March 20, 2019),' Mohammadzadeh said.He also said the exporters are trying …

Dream of cutting off all exports of Iran’s crude oil will never come true, Mohammad Reza Pour-Ebrahimi, Chairman of Majlis Economic Commission, said at a local meeting in this southeastern Iranian Province of Kerman.After Washington's May 8 exit from the Iran Deal, formally known as the Joint Comprehensive Plan of …

Bijan Zangeneh made the remarks on the sidelines of a cabinet meeting on Wednesday. Elaborating on petrochemical companies' engagement in currency market, he said there is no problem in provision of currencies by these companies. Referring to Iran's decision to offer its oil on domestic stocks market, Zangeneh said so …

BTVI TV network of India reported in a tweet that Indian Oil Minister Dharmendra Pradhan announced Wednesday that he will sign an agreement with Iran on the revival of the trade mechanism in Rupee. According to the agreement, the payment mechanism between India and Iran will change to the rupee.BTVI …

Due to the importance of supplying currency for the avaiation firms, all their requests will be met immediately, CBI announced.Aviation companies are permitted to announce the amount of currency they received.Some sources quoted Maghsoud Asaadi Samani, secretary of Association of Iranian airlines as saying due to currency rate, the value …

'Afghanistan avoids allocating the officially agreed water right due to US pressures and interferences, which has endangered health and economy of the people in Iran,' said Isa Kalantari in a meeting with UN Resident Coordinator in Iran Ugochi Daniels. Referring to the crisis created for Sistan basin southeastern Iran and …

Iran's oil exports have fallen by about a third in the five months through September. They tumbled by about 800,000 barrels per day since President Donald Trump announced in May that he was abandoning a nuclear accord with Iran and restoring wide-ranging sanctions on its economy, according to CNBC.Still, Iran …

Director of the Public Relations Department of the Civil Aviation Organization Reza Jaafarzadeh said under the MoU the two sides will increase number of weekly flights to 120, from 91.He said Iran and Iraq will also cooperate in flight safety and training, constant inspection by ICAO and air navigation.According to …