Economy

The medal was awarded at an Iftar hosted by Iranian Consul General in Quetta which was attended by senior politicians, religious personalities, analysts and government officials.On the occasion Abdul Quddus Bizenjo praised the efforts of Iranian Consul General in making Iran-Pakistan ties stronger. He conferred the gold medal on Mohammad …

There are many historical, cultural and political commonalities between the two countries which should be used for further bilateral ties, Iraj Masjedi said at an Iftar ceremony in this Iraqi capital city.Referring to gas and electricity as two important issues of cooperation between the two neighboring countries, Masjedi said the …

Director of Amirabad Ports and Shipping Organization Siyavash Rezvani said that the event will discuss incentives and necessary approaches for private sector’s engagement for promotion of exports and development of the port.The conference will focus on economy of resistance and help materialize motto of the current Iranian year (supporting Iranian …

Pakistan exports footwear to more than 60 countries in five continents of the world. Pakistan’s exports of footwear have registered a high rate of growth in the recent past. However with yearly exports of only $ 110 million, Pakistan’s share in global footwear exports is only 0.001 percent. All other …

According to the Organization of the Petroleum Exporting Countries (OPEC) , Iran has produced 5,600 barrels per day (bpd) of crude oil.Iran’s output enlarged after the US lifted the sanctions in January 2016. Iran as OPEC’s third-largest oil producer has supported holding the supply cuts until December 2018. On May …

Hence, an internal or external economic shock was enough to set the prices on their real course. In other words, the situation of these markets, which experienced stability from August 2013 until September 2017, was not in line with economic realities. This is because during the said period the inflation …

Round the clock operation of Astara, Bileh Savar and Jolfa border crossings as of May 1 will help strengthen relations between Iran and Azerbaijan, the Iranian envoy said.Mehdiyev, for his part, referred to the development of political, economic and cultural ties between the two countries, saying customs ties play an …

Behzad Babazadeh, the director of international affairs of National Iranian Gas Company (NIOC), said on Tuesday that Yerevan thermal power plant has requested for more Iranian gas.Noting that the contract between NIGC and Yerevan thermal power plant provides that the Iranian gas shall be exchanged with electricity generated by the …

'All the wheat needed this year is going to be produced inside the country,' said Emaeel Esfandiaripour. Three million tons of wheat have been bought through guaranteed purchase agreements since the beginning of the Iranian year (starting on March 21), said Esfandiaripour.He also added that 150,000 tons of seeds have …

In an interview with IRNA, Syed Ali Reza Razavi said trade ties between Iran and Pakistan are on the rise but lack of information about each country’s capacity in trade sector is a major hindrance to further boosting the bilateral trade.He said business communities of both countries are unaware of …