Economy

He made the remarks in a signing ceremony for economic cooperation contracts between Iran's private sector and Hungary, and added that imposed sanctions against Iran reduced trade exchange between the two countries to less than one tenth of what was before.Following economic reforms in Hungary in the year 2010, government …

'Chabahar Port is promising for the countries neighboring Iran in terms of transportation of goods, and it can prompt development and economic boom in the region,' Abbas Akhoundi said in the opening ceremony of the first phase of Shahid Beheshti Port in the southeastern Iranian city of Chabahar.The first phase …

Other corridors in the country connect the south to the north and lie on the Persian Gulf, but Shahid Beheshti Port is very important because it is a connection to the ocean, he said inaugurating the port.The first phase of Shahid Beheshti Port in Sistan-Baluchestan Proivince in the far southeast …

'This way was chosen carefully and accurately,' Ali Larijani said in a live TV program broadcast on Saturday evening.Although the Joint Comprehensive Plan of Action (JCPOA) has not led to solving all problems, it settled many of them, he said.Countries like the US and Israel have vainly tried to violate …

Deputy Governor of Sistan-Baluchestan Ayyoub Darvishi told Islamic Repubic News Agency (IRNA) that the president will open the first phase of Shahid Beheshti Port in Chabahar during a ceremony that will be attended by local and foreign guests.The port will be capable to carry out all portal operations of container …

'Polish companies which have high capacities in the fields of energy, mining, agriculture, machinery and pharmacy' are welcome to invest in Iran, Head of Iran-Poland Parliamentary Friendship Group Mahdi Farshadan said in a meeting with Head of Iran-Poland Parliamentary Friendship Group Neurbert Olbrychski. During the meeting, the polish official, for …

While on his tour of Sistan-Balouchistan Province in southeastern Iran, President Rouhani made the remarks addressing a large gathering of people in the city of Zabol. 'The Port of Chabahar as the only oceanic port of Iran has to link Sistan-Balouchestan province to Central Asia and Afghanistan,' the president said, …

Speaking in an exclusive interview with the Islamic Republic News Agency (IRNA) in New Delhi, Radhakrishnan outlined the nature of Iran-India cooperation on the important project of Chabahar which is situated on the Makran Coast of the Sistan-Baluchestan province of Iran and is officially designated as a Free Trade and …

The deal will value 720 million euros, Iran's Minster of Roads and Urban Development Abbas Akhoundi said at the signing ceremony held in the Iranian capital.According to the deal, the railbuses will be produced within 6.5 years, Akhoundi added.By the time the project is fully implemented, the railbuses can transfer …

The event, to be attended by Iranian President Hassan Rouhani, marks the beginning of a new chapter in the economic development of Iran, India, Afghanistan and Central Asian states as it will be an important step towards the implementation of the International North–South Transport Corridor (INSTC), a 7,200-km-long multimode network …