Economy

According to the website of the Saipa Automaking Group, managing director and a number of Iveco senior directors and deputy head of the group, Mohammad Reza Honari-Kia in a meeting on Saturday underlined the need for promoting bilateral technical and economic cooperation.Managing Director of Zamyad Company Mohammad Zare-Ashkzari added that …

Iran's membership in EEU is at the final stage, Alexander Novak told Russia Today TV channel.Iran's membership in EEU can develop the two countries' bilateral trade and elevate their cooperation in investment field, he added.A treaty aiming at the establishment of the EEU was signed on May 29, 2014 by …

Purchasing gas is among such cooperation, Mohammad said.Referring to the fact that Iran and Indonesian companies still have cooperation in various fields, he said exchanges transaction is now over 300 million dollars.The figure has the capacity to be increased to over 2-3 billion dollars, the Republica website reported.An Iranian parliamentary …

He told the Islamic Republic News Agency on Saturday and on the sidelines of India's exclusive exhibition in Tehran.Uttom said that India imported 27.1 million tons of crude oil worth 9 billion dollars from Iran last year.To facilitate trade exchanges between the two countries an Indian bank (Yoko Bank) had …

Over 126 trillion tomans (about 34 billion dollars) have been allocated to the development projects in the country, Mohammad Baqer Nobakht said at a local meeting here on Saturday.Referring to the oil price which is over 60 dollars per barrel at present, Nobakht said Iran predicts better future for the …

'We're also looking at processing different condensate, probably (Australia's) North West Shelf or (Iran's) South Pars or Qatar's DFC (deodorized field condensate),' English-language daily Business Times quoted Petronas Penapisan (Terengganu) Managing Director and Chief Executive Officer Zabidi Ahmad saying.“Malaysia's state-owned Petronas plans to upgrade its refinery in Kerteh, Terengganu, by …

There is a lot of hope after Iran's success in attracting foreign investment, Taco Westerhuis told the Islamic Republic News Agency (IRNA) on the sidelines of a meeting between deputy minister of mine and trade and the European ambassadors here.Referring to the presence of the Dutch economic officials in Iran, …

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has proposed a list of plans eligible for receiving finance to the Management and Planning Organization, Deputy Minister of Industry, Mine and Trade Mahdi Karbasian told the Islamic Republic News Agency (IRNA) on Friday. 'We are planning to hold talks …

Experts stress the need to give highest priority to bilateral trade, saying that the private sector of both countries should move forward to promote business and trade relations.Trade and economic relations between Iran and Pakistan are based on diverse axes such as energy, infrastructural cooperation, financial assistance and commercial exchanges.Iran …

Talking to reports late Thursday, Farhad Izadjou added that operations to develop the units started in 2010 and they include pipeline, onshore refinery and gas well drilling and offshore platform.Referring to investment of 650 million dollars in the platforms of phases of 22 to 24, he said that the amount …