Economy

A memorandum of understanding (MoU) was signed on Sunday by Italian company Denikon and the Chinese Sionsteel on the occasion of the first anniversary of registering the historic city of Yazd on UNESCO World Heritage List.The MoU is about constructing a 500-1,000-megawatt solar power plant, 20,000 solar panels of 5 …

Speaking to the Islamic Republic News Agency (IRNA), Yahya Nikdel said during the first three months of the current Iranian calendar year, about 120,000 tons products worth $ 27,070,000 were exported.The exported products consisted of petrochemicals like urea, melamine, ammonia, steel, plastic, cement, food and agricultural stuff, he said.The products …

'During the first quarter of this (Persian) year (March 21-June 21), over 400,000 tons of Iranian products including cement, citrus, fruits, gas, construction material, tomato paste and cement clinker have been exported from the Amirabad Port,' the director of Amirabad Special Economic Zone Siavash Rezvani told the Islamic Republic News …

Speaking to local media, Najibe Najib said due to the strength of trade relations between Iran and Iraq, sanctions will have no effect.Iraq is constantly in need of Iranian raw materials and food, she added.Despite US pressures on Iran over the past few years, the trade ties between the two …

As per the targets set by the 20-Year Vision Plan (2005-25), domestic steelmakers aim to increase crude steel output capacity to 55 million tons per year.Currently, Iran ranks 13th in term of steel production in the world. In its latest report, World steel Association (WSA) put Iran’s steel production volume …

On the sidelines of the visit, Chairman of Diwaniyah Chamber of Commerce Mahmoud Abdel-Hassan Al-Leithi said that there are good capacities for boosting cooperation between Diwaniyah and Khouzestan in various fields, including tourism, agriculture, energy and health.For her part, Head of Ahvaz Chamber of Commerce, Industry, Mine and Agriculture Shahla …

'Certain political gestures and instabilities cause concern in the oil market and lead t price hike; instances of which being the insulting order of the US president to certain OPEC members which is insult to national sovereignty of the independent states being members of the organization,' Zangeneh said.Trump had sometimes …

'Given to high capacity of foreign trade in provincial agricultural crops, necessary supports and facilitations to develop trade in such crops is necessary within the framework of commercial companies,' Head of East Azarbaijan Agricultural Jihad Organization Akbar Fathi said.He called development of cultivation upon order depends on quality and quantity …

In an interview with IRNA Sheikh Amir Waheed said that Iran and Pakistan being two neighboring states must take more steps for the expansion of bilateral trade. “We should do more business with each other because our bilateral trade volume is far below than its actual potential,” he pointed out. …

Keijo Norvanto made the remarks Saturday in a ceremony held in Arak to welcome an expert group dispatched to Markazi province from Finland embassy.Two Finnish companies have so far expressed readiness for developing ties with Iran, Norvanto said.Finland enjoys good potentials in clean energies, water treatment and improving environmental conditions, …