Home / Economy (page 179)

Economy

India to work with Iran, Russia to operationalize North-South Corridor

India to work with Iran, Russia to operationalize North-South Corridor

Suresh Prabhu said that the country intends to cooperate with Iran and Russia to activate the North-South Corridor, the Business Standard wrote. Prabhu, during a meeting with a Russian business delegation, said “India, Russia and Iran will hold a trilateral meeting on the International North South Transport Corridor (INSTC) on …

Read More »

India ‘cautiously optimistic’ on Iran oil imports

India ‘cautiously optimistic’ on Iran oil imports

According to IRNA, “The Hindu BusinessLine” in an analysis of the future of Indian oil relations with Iran wrote that 'caught between the US and Iran, India is ‘cautiously optimistic’ about not attracting secondary sanctions from Washington for continuing to import oil from the Islamic nation beyond November 4.'It quoted …

Read More »

Iran’s foreign trade exceeds $53.3b in 7 months

Iran’s foreign trade exceeds $53.3b in 7 months

Foroud Asgari also noted that Iran’s trade balance was positive standing at 926 million dollars during the same period.Some 67.362 million tons of non-oil goods valued at $ 27.229 billion were exported to target markets during the same period, up by 13.35 percent in terms of value compared to the …

Read More »

13th Iran-Afghanistan Joint Exhibition opens in Herat

13th Iran-Afghanistan Joint Exhibition opens in Herat

Ali Reza Sadrzadeh, who is in charge of holding exhibitions of Iran Trade Promotion Organization said, “Some 30 Iranian and 10 Afghan companies are participating in the ongoing event.”The participants are displaying their capacities and capabilities in the housing, agriculture, industry and home appliances sectors, he said, noting that the …

Read More »

Capacity of free zones should be used in sanctions times: Veep

Capacity of free zones should be used in sanctions times: Veep

Eshaq Jahangiri called on the secretariat of the Supreme Council for Free Trade and Special Economic Zones, which met Monday to study how Iran can use the capacity of free and special economic zones during the sanctions era, underlining that these zones can play a special role in the face …

Read More »

Iran, Armenia seeking to develop ties in Eurasia

Iran, Armenia seeking to develop ties in Eurasia

Both sides reviewed Iran's active participation in Eurasia economic projects, ways to remove obstacle to both countries' cooperation and paving the way for bilateral economic activists.Sajjadi hailed growth in Tehran-Yerevan trade ties, saying accession of Iran to Eurasian Economic Union and also creating economic free zone in Meghri will play …

Read More »

Iran to attend ‘One Belt One Road’ media forum

Iran to attend ‘One Belt One Road’ media forum

The forum hosts 200 participants from different countries and organizations, including Islamic Republic News Agency (IRNA) who represents Iran.Officials from Chinese Culture Ministry, Foreign Ministry, and Transportations Ministry partake in the event. China organizes such meetings to gather different countries in order to promote plans and future visions on ‘One …

Read More »

Iran-China to create new banking mechanism

Iran-China to create new banking mechanism

Iranian and Chinese experts have so far held various meetings to discuss developing the new system, reliable sources told the Islamic Republic News Agency (IRNA) in Beijing on Monday.Due to US pressures, Bank of Kunlun earlier announced that it will not guarantee banking ties with Iran from November, according to …

Read More »

Rial 2,220bn allocated for restoration of Orumiyeh Lake

Rial 2,220bn allocated for restoration of Orumiyeh Lake

Nasser Hazrati added on Sunday that this amont is only part of the credit approved by the government, as the lake revitalization fund, in addition to West Azerbaijan, is directed at the operating ministries including the Agricultural Jihad, the Energy, the Department of Environment and the Forestry Organization as well …

Read More »

$12.4m invested by foreigners in livestock, aquaculture

$12.4m invested by foreigners in livestock, aquaculture

Mohammad Mahdi Dalvand, speaking at at the first conference to introducing investment opportunities in the Iranian livestock, poultry and aquaculture Industry on Sunday evening, added, 'In the first seven months of this year, 19 projects with an investment of $ 366 million in livestock and poultry and four projects worth …

Read More »