Economy

The unit will soon become operational. The Chinese company is to supply requirement of Iran tile and ceramic industry to zinc oxide and export the output surplus later on.Now the zinc oxide needed by the sector is imported from China.1420**2050Follow us on Twitter @IrnaEnglish www.irna.ir

Al-Fahadawi appreciated Iran for providing some part of Iraq needed electricity and expressed the hope that visit of first Vice-President Eshaq Jahangiri to Baghdad on Wednesday to be fruitful.He said that his country intends to promote bilateral ties between the two countries in all fields.Shariatmadari pointed to 80 percent of …

Director General of Economy and Finance Ministry office in Yazd province Ali Namazi in a meeting in Yazd Investment Services Center underlined support for the construction of solar power plant and acceleration in its execution process.He said the Austrian company is preparing preliminary works to construct the power plant by …

Iran's IDRO Group and India's ONGC Videsh signed a memorandum of understanding on Tuesday to jointly develop the Susangerd oil field in southwestern.IDRO is considering entering a similar agreement with Russian company Zarubezhneft, Zarei, Group's Managing Director, said in the margin of the ceremony held for the signing of the …

The value of the ten-month trade between Iran and Europe reached 21 billion euros, Massoud Khansari, chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture said while addressing a local economic meeting here.About the economic activities in the country, Khansari said Iran's economic growth rate was 4.5 percent for …

In a meeting with Iraqi Minister of Construction and Housing Ms. Anne Nafi Aussi, Iranian Minister of Industry, Mine and Trade Mohammad Shariatmadari said removing problems in bilateral banking ties would be effective in expanding economic cooperation between the two countries.In order to attain economic development, it is necessary for …

The two sides also reiterated the need for strengthening cooperation between Minsk Region and Tehran Province and promoting relations between the people of both countries.Referring to the background of cooperation between Tehran Province and Minsk Region, the Iranian ambassador said there were new plans on mutual cooperation including one for …

Addressing an open session of Arak City Council late Monday, he added that the figure stood at $ 300 million in 2015, which was increased after an upgrade in diplomatic relations.In 2016, following reciprocal visits by the two countries' foreign ministers and trade and economic delegations, suitable measures were taken …

The MoU was signed with the aim for self-sufficiency in wheat production and taking advantage of Iran's geographical position to turn to become a hub for exporting wheat and flour in the region.Deputy minister of Agricultural Jihad of Iran, Russian deputy minister of agriculture and head of exporting department of …

'Iran, Russia and China should boost bilateral and multilateral relations with countries like India, Pakistan and Turkey and establish new frameworks for economic cooperation in the region,' Head of Majlis (parliament) Foreign Policy and National Security Commission Alaeddin Boroujerdi said in an international conference held in Saratov, Russia. He called …