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Economy

Shazand refinery to produce 3.5m super gasoline

Shazand refinery to produce 3.5m super gasoline

Jalal Mirzaei added that Refinery and Distribution Company has taken measures to settle super gasoline shortage in the market, as Shazand refinery will prioritized production of Euro 4 fuel, whose features are equal to super gasoline.He also said that since the second stage of Setareh Khalij Fars Refinery has come …

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Iran's South Pars exports up by 22 pct

Iran's South Pars exports up by 22 pct

South Pars, embracing the world's largest gas field, is also a hub for Iran's non-oil exports, petrochemicals and gas condensates.Director General of Customs Office in Pars special economic-energy zone, Ahmad Pourheydar, said 3.26 billion dollars worth of non-oil products (5.98 million tons), including the products of the region, has been …

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No ban on goods transit via Iran for foreign firms

No ban on goods transit via Iran for foreign firms

In the wake of the order issued by Ministry of Industry, Mine and Trade on banning imports of 1339 items, the issue have been misused at international level. Accordingly, the shipping and international transportation companies have ordered all their customers in all countries and also to all representatives to avoid …

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India-Iran cooperation to continue despite US pressure: Analyst

India-Iran cooperation to continue despite US pressure: Analyst

'Iran is India's all-weather ally in Central Asia and keeping an eye on Pakistan, India will never succumb to Washington's pressure and will continue cooperating with Iran,' Amrita Dhillon has told Russia's Sputnik.Iran and the five permanent members of the UN Security Council (the US, France, Britain, China, and Russia) …

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E. Asian companies eyeing Iran's market as US sanctions loom

E. Asian companies eyeing Iran's market as US sanctions loom

More than two months ago, US President Donald Trump announced Washington's withdrawal from the nuclear deal with Iran. He has also re-imposed the economic sanctions on Iran that were lifted partially in exchange for a curb in the country's nuclear program. The first set of sanctions will take effect on …

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Iran carpet center to file lawsuit against US after sanctions

Iran carpet center to file lawsuit against US after sanctions

Hand-made carpet belongs to the Iranian nation and the US President Donald Trump has made a mistake to sanction this Iranian art which is a symbol of culture and intellectual property of the Iranian people, Fereshteh Dastpak told the Islamic Republic News Agency (IRNA).US Office of Foreign Assets Control (OFAC), …

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Iran int'l electronic exhibition opens in Tehran

Iran int'l electronic exhibition opens in Tehran

Iran's Minister of Information and Communications Technology Mohammad Javad Azari-Jahromi and his Azeri counterpart as well as a number of Iranian officials attended this year's Elecomp exhibition.Also, the presence of Elecomp Games happens for the first time in the Elecomp 24. Elecomp Talks, too, is a new event which was …

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Italian companies stress cooperation with Iran despite US pressures

Italian companies stress cooperation with Iran despite US pressures

Iran has a high position in the world economy, Chief Executive Officer (CEO) of SB Lift Motor Vernocchi Marino told Islamic Republic News Agency (IRNA).Marino said that his company will continue export of its products to Iran like other countries in the world.Also, Donatoni Machines Srl's Regional Director Simon Dan …

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Over 1.1m Iranian tourists visit Turkey in 6 months

Over 1.1m Iranian tourists visit Turkey in 6 months

The statistics also suggested that some 2.374 million Russian tourists and 1.547 German tourists visited Turkey in the six-month period.Iranian tourists were on top of the list of visitors of Turkey before summer. But an increase in the forex rate and the departure taxes, reduced number of Iranians visiting abroad, …

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Senior Iranian cleric urges gov't to change its economic team

Senior Iranian cleric urges gov't to change its economic team

Addressing a large crowd of worshippers in Tehran's Grand Mosalla, Ayatollah Movahhedi Kermani said, 'It is said that some of the members of the cabinet's economic team do not agree with the economic policies of the government. Multiplicity of voices in the government's economic decisions is not acceptable.' Noting that …

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