The Economic Times wrote on Wednesday that US Defense Secretary James Mathis and Secretary of State Mike Pumpo are scheduled to travel to New Delhi on Thursday to meet with their Indian counterparts Nirmala Sitaraman and Suhsma Sevaraj. New Delhi will likely announce to Washington that India will not stop …
Read More »Economy
Monetary agreements require equalized trade balances
Hossein Selahvarzi referred to the removal of dollar from banking operations of Iran, and said, “Payments under these agreements are made with national currencies which automatically equalizes the trade balance.”The Vice-chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) noted that signing monetary agreements with China and is …
Read More »Iran's non-oil exports up
During the past five months (Mars 21- August 22), 46 million tons of non-oil products worth 19.318 million dollars have been exported from Iran, according to the country's preliminary data released by Iran's Customs Office. China, the United Arab Emirates, Iraq, Afghanistan and India are the main destinations of Iran's …
Read More »Afghanistan plans to expand trade, transit ties with Iran
In a meeting with the governor general of Khorassan Razavi province and a group of provincial businessmen, Mohammad Asef Rahimi said the two countries have taken strides towards cooperation in various economic, scientific, cultural and sports fields.In the healthcare sector, he said, sophisticated surgical operations including kidney transplant have been …
Read More »Japan still talking to get exempt from Iran's oil sanctions
Officials from Japan Ministry of Commerce recently and on a number of occasions with the US officials have been discussing exemptions from sanctions, the Jiji News reported on Tuesday.The report comes in the time that rumors have already been published in western media that Japan is likely to end its …
Read More »Afghan official lauds role of Iran's Chabahar in development of region
Opening Chabahar Free Trade-Industrial Zone in Iran's southeastern province of Sistan and Balouchestan will lead to promotion of economic and political relations between Tehran and Kabul and will enhance Iran and Afghanistan trade exchange, Davood Sultanzoy, advisor to Afghan president said.Chabahar port has the best situation for transit of commodities …
Read More »Iran can export engineering services above $38 billion
Rezai said on Tuesday on the sideline of Civil Committee meeting of parliament that Foreign Minister Mohammad Javad Zarif, along with the economic vice minister of the ministry and representatives from the Association of Technical and Engineering Services, attended the meeting and the country's technical capacities for exporting to neighboring …
Read More »Iran protests banking restrictions in South Korea
The announcement also states, 'It is also requested that the matter to be seriously pursued by the Korean embassy in Tehran.'The announcement highlighted the banking problems as a result of the international poisonous political climate and hostile US sanctions against Iran and the nation of the Islamic Republic of Iran, …
Read More »Iran's Rouhani: Oil sector on frontline of economic war
'The enemies are inflicting hardships on Iranians, but they would not be able to impose their hegemony on the people,' he said at the inauguration ceremony of some major petrochemical projects in southern Iran.Each new inaugurated project is a step for Iran's dignity, he said.President Rouhani inaugurated three major economic …
Read More »Iran's role in New Silk Road inevitable
In an interview with IRNA on Tuesday, Zhang Jun said the ancient Silk Road and the New 'One Belt, One Road' is a path full of opportunities and Iran is at the strategic crossroads along this path. He added Iran and China have been cooperating in the Silk Road for …
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