Economy

Speaking in an interview with 'Al-Sabah' newspaper, Abdul Hamza Hadi Aboud, Deputy Electricity Minister said there is an agreement between Iran and Iraq for importing 1200 MW power.But during the summer, three networks were disconnected and 300 MW electricity are now being exported to Iraq, he said. Iran and Iraq …

Trade transactions between the two Asian states experienced an increase in the first half of 2018, Majidreza Hariri told Iran Daily.He said in the same period, Iran’s exports to China grew nine percent, adding that Iranian imports from the East Asian country declined by two percent in this six-month period.Hariri …

The Forum was held on Tuesday in parallel with the 60th edition of Damascus International Fair at Sheraton Hotel in Damascus under the title “Partners in the Reconstruction of Syria,” SANA reported.The participants called for the development of plans and programs to stimulate the return and employment of expat capital …

Larijani made the remarks in a speech to a conference in Larestan, Fars Province, on the third day of his visit to the southern Iranian province. “We need to resolve the issues with reliance on people and try to ease pressures on the country’s economy,” Larijani said. He noted that …

Representatives of 500 companies from 25 world countries, including Iran, China, Singapore, India, US, Britain, Germany, Switzerland, France, Italy and Turkey attended the fair.Participants presented 912 trade brand of their products during the 3-day fair.1391**2050Follow us on Twitter @IrnaEnglish www.irna.ir

Ayatollah Mohammad Yazdi, in a meeting with the Chairman and members of the National Security Commission of the Parliament visiting Qom on Tuesday, said the well-known bills that are now under discussion in the Guardian Council are reviewed from the religious and constitutional points of view.Ayatollah Yazdi said history of …

Mehdi Karbasian made the remarks in the signing ceremony of MoUs on two aluminum production units in Lamerd Energy Intensive Industries Special Economic Zone, saying, “With total capacity of 960,000 tons, the companies will complete the aluminum production supply chain and bring noticeable added value for the country.”“The Lamerd aluminum …

'Private sector should play a pivotal role in economy,' Eshaq Jahangiri said at a local conference in this Iranian capital city.The economy will flourish when the private sector plays a key role and the Article 44 of Iran's Constitution, which the Supreme Leader has already urged, is implemented. Article 44 …

Iranian company Sepehr Meshqat Caspian intends to import cars from Uzbekistan, Uzbek media reported on Monday.Iranian transportation fleet, especially buses, needs to be replaced.The Iranian company is to begin cooperation with Uzbek automakers to import some cars. In the first phase, it will buy several samples of the vehicles produced …

Sajjadi also visited stalls of 10 Iranian firms producing foodstuff, valves, construction stones, modern floor covers and decorations.He held talks with managers of the Iranian stalls on marketing of their products and the details of their participation in Armenian EXPO.Over 150 domestic and international companies are participating in the event.The …