Economy

The Chinese delegation in a meeting with West Azarbaijan officials declared that it is ready to invest in West Azarbaijan's health sector, solar plants, and Orumieh Lake.During the meeting, Governor General of West Azarbaijan Province Reza Hosseini welcomed the Chinese delegation's investment in the region, and noted that the region …

It should be studied why Iran is ranked 16th in the world despite all huge economic resources of the country, Sattari said. Noting that oil is a cultural and structural plague for the country's economy, the official said that today most of the developed countries of the world are making …

In the meeting, which took place in Governorate General Building in Erbil, the two sides reviewed ways to expand economic relations and mechanism to boost border exchange volume twice of existing situation.The two sides underlined development of friendly relations between Erbil and Tehran in all fields.In another meeting, Ebadi discussed …

In fact, the new waves of economic sanctions will not reduce volume of Iran's petrochemical and the country has the option to maintain its market, he said. Speaking to reporters, he said it is predicted that export of petrochemical products earns the country one billion dollars per month parts of …

'Cooperation between Iran and Switzerland in different fields, including water and electricity, started 15 years ago,' Reza Ardakanian said during a meeting with Swiss ambassador to Iran Markus Leitner.'The water cooperation document of Iran and Switzerland was signed 15 years ago, but due to administrative issues it has since been …

Some 7.2 million tons of non-oil products worth $ 3.4b were exported during the mentioned period, said Behrouz Qara Beigi to the Islamic Republic News Agency (IRNA).The figure experienced 11% growth in weight and 38% rise in value compared with the same period the previous year, he added. About 252,000 …

Reports on the major Iranian steel production units indicate that the total steel ingot production rose 6,286,199 tons In the similar period last year, 5,456,221 tons of steel ingot were produced. Thus, the production of steel has grown by fifteen percent. According to official international reports, Iran is among the …

Speaking during a press conference, Moqimi said that IRISL was in charge of shipping the Iranian oil during the previous round of sanctions on the country and the shipping process was not halted even for a single day. 9341**2050Follow us on Twitter @IrnaEnglish www.irna.ir

'Chinese companies need the Iranian oil in any circumstances and will continue to buy it,' said Andrey Yu. 'China doesn’t pay attention to the US sanctions on Iran; it is a routine between Iran and China and has nothing to do with the US. Oil, gas and trade shouldn't be …

The move is taken based on norms of the market and in harmony with discount given by other oil exporters, the source told Islamic Republic News Agency (IRNA).'Discount is part of the nature of the global markets being offered by all oil exporters,' the source added.He made the remarks commenting …