Economy

Head of the Guild Association of the Cement Industry Employers Mohammad Atabak told IRNA on Friday that in the corresponding period last year, 23.841 million tons of cement was produced.He said in the Iranian month of Mordad, (July 23-August 22), more than 5,179,000 tons of cement was produced, while the …

The Customs Administration data table, pointing to the US as the major destination of Iranian goods, said in the period under study, 1,487 tons of goods, showing 60.8 percent growth, were exported to the US.It said the Iran-US trade balance proved positive in Iran's favor, while the figure for the …

The India’s Economic Times quoted “people familiar with the matter” as saying that India has also offered to cut its oil purchase from Iran significantly to secure a waiver from the US to continue its imports. Without a waiver, an oil trade or financial transaction with Iran risks cutting India …

President Ghani is here to discuss security cooperation with the Indian leadership. His schedule includes a meeting with Modi in the afternoon. He will also ask India to expedite work on various India-supported infrastructure projects, including the Chabahar Port.The “Statesman”, a leading Indian newspaper” wrote that amid an upsurge in …

According to Iraqi media ‘Alghad Press’, al-Halbusi made the remarks in a meeting with Hassan Al-Janabi, Iraqi Minister of Water Resources on Wednesday.During the meeting both sides discussed water shortage crisis in Basra and the ways to confront the problem.Al-Halbusi also underlined the importance of facing challenges and creating opportunities …

According to Bloomberg News Agency, unilateral US sanctions on oil sales by Iran, which will take effect on November 4, have already had a bad effect on the country's oil exports. At a news conference in the United Arab Emirates city of Fujairah on Tuesday, Mohammad Barkindo, the OPEC Secretary …

The American diplomats held a series of meetings with major international corporations and bank officials to outline US President Donald Trump's government sanctions program against Iran.Several sources aware of the content of the meetings told the American website, the Trump government has announced that any company on the Iranian side …

If Arian Bank can promote the trade between the two countries, it has done its mission, a member of the bank told the Islamic Republic News Agency (IRNA) on Tuesday.Davood Mahdian, an official at the Arian Bank in Afghanistan, said the normal duty of the bank is to help ease …

About 570 Iranian and Afghan lorries went back and forth during the past two days in Mahiroud border in northeast of Iran, Mohammad-Reza Fakhr, director of the provincial border checkpoint markets, told the Islamic Republic News Agency (IRNA).About 250 of the lorries have been recognized in Mahiroud in the second …

Given the border's strategic importance for both parties, Iran seeks to enhance cooperation and trade exchanges through the border, Qasr-e Shirin Governor, Morad-Ali Tatar said during a meeting between Iranian and Iraqi delegations.Tatar said Parviz Khan Border is among the largest Iran-Iraq export borders and the two countries should make …