Economy

US withdrawal from the Group 5+1 2015 nuclear deal with Iran has been a major challenge for the European Union. The reason for this challenge is that the JCPOA was the most important foreign policy achievement that the EU member-states could achieve in a collective effort alongside the major powers …

Lee Chang Jin in an exclusive interview with the Islamic Republic News Agency (IRNA) on Monday, called Silk Road as a historic road in which, in a modern era and with innovative ideas, it once again links the ancient civilizations of Persia and China.He said the launch of the New …

Russia has recently increased its oil production by nearly 300,000 barrels per day (bpd) and has announced that the output will increase further next year.Some section of the media have accused Moscow of taking over Iran's share in the Organization of Petroleum Exporting Countries (OPEC).'We do not agree with some …

'Making a pipeline is possible under the Article 14 of the agreement of all the littoral countries,' said Igor Baratchikov speaking to Russia's TVS.Convention of the Caspian Sea that was signed on August 12 details the making of such pipelines; if pipelines are in accordance with the Sea's ecological conditions …

In an interview with the Islamic Republic News Agency (IRNA) on Monday, Fatemeh Ayrom, Head of Maku veterinary office, said the livestock products were transported to the Republic of Azerbaijan, Turkmenistan, Tajikistan, Iraq, Afghanistan, Kyrgyzstan, Pakistan and Uzbekistan following health visits.She went on to say Iran acts as a transit …

'The solar air heaters made so far are made of metal, thus they are hefty,' Hossein Qadamian told the Islamic Republic News Agency (IRNA).'The new system is made of light polymeric material and the air intake and output of the system is nine to 13 percent more than the previous …

On paper there is enough spare capacity among other OPEC producers and Russia to offset falling Iranian supply — but what exists on paper and what can be brought into production in the next month or so are not necessarily the same, it said.The spare capacity among OPEC members has …

The sanctions imposed on Iran are a historic opportunity for the country's economy, in particular the car manufacturers, Tehran Prosecutor General Abbas Jafari Dolatabadi said.He noted that the threats can turn into opportunity through good planning.The judiciary official urged the Iranian car manufacturers to avoid hoarding their productions and win …

On Friday night, the US has put two aviation companies in Malaysia and Thailand working with Iranian airliner Mahan Air in sanction list.In continuation of the United States bullying policies against Iran, the spokesperson for the United States Department of State, repeating anti-Iranian remarks, has said the US Treasury Department's …

These business relationships have been examined during March 21 to July 22nd.The report quoted statistics from the Customs Office of the Islamic Republic of Iran during which the relationship with 93.34% in terms of tonnage and 30.95% in terms of volume with a rise compared to the same period in …