Economy

Iranian Minister of Petroleum Bijan Zangeneh sent a letter to OPEC President Suhail Mohamed Al Mazrouei, Minister of Energy & Industry of the United Arab Emirates and the President of the OPEC Conference, calling on his Excellency to remind OPEC Member Countries to adhere to their commitments under the OPEC's …

Speaking to Islamic Republic News Agency (IRNA) on the sidelines of ceremonies marking the National Day of Industry and Mines that private sector plays a grave role in facilitating trade and annulling sanctions.He said under sanctions and economic pressures, the private sector can have more regular and more extensive ties …

Talking to the Islamic Republic News Agency (IRNA) on Sunday while visiting IRNA's newsroom, Mansour Moazzami said after Trump's withdrawal from Iran nuclear deal, none of the foreign companies which had earlier started cooperating with IDRO have walked away from their agreements.He added that IDRO has inked the largest number …

'Iraq has an import of one billion dollars worth of medicine, of which Iran's share has been little in the past few years,' said Nasser Bahzad in meeting with Iranians taking part in an international medical exhibition in Baghdad.Behzad added that Iran has taken serious measures in order to multiply …

He made the remarks following US President Donald Trump’s request from the kingdom to increase oil production by up to 2,000,000 barrels per day.He further noted that if it does so, it means issuing an order for its withdrawal from OPEC.Last week during the 174th meeting in Vienna, 15 members …

Addressing the sixth meeting of the Islamic Republic's representative offices, he added that therefore, Iran is second trade partner of the neighboring state following Turkey.Of the figure, some 6.5 billion dollars pertained to non-oil exports, as Iran ranks first among Iraqi trade partners in this type of exports, he said.“We …

Pavlov made the remarks during a meeting with Iranian ambassador to Russia Mehdi Sanaei. He said that launching the project will be a prelude to promotion of future cooperation between the two countries in railway area. Electrifying Garmsar-Incheboron is a joint plan by Iran and Russia which will be implemented …

Mohammad Shariatmadari said on Saturday at a news conference that although these companies have limited deals with the United States, they may have some fears and concerns about continuing their activities in Iran.'Nevertheless, their withdrawal from Iran market is not still certain,' Shariatmadari said, referring to French automakers Peugeot and …

Without naming those behind delays in oil contracts, he told IRNA on Friday if Iran’s oil exports had been raised to four million barrels per day, the US would not have been able to slap sanctions on Iran oil, as exclusion of Iran from oil market would cost it dearly.The …

During the meetings which took place on the sidelines of an economic event in the seat of World Customs Organization in Brussels, heads of the Australian, Malaysian and Japanese customs administrations stressed the need for promoting customs cooperation with Iran. In a meeting with the Japanese counterpart, Asgari discussed major …