Economy

Pedro A. Aquino, Jr. said that the Philippines is going to build a 400-barrell refinery and to provide the feedstock, the country has entered negotiations with Iran.“Construction of the new refinery is expected to be completed in three years,” Aquino said, adding that the new refinery can process both the …

After signing a contract between ATR and Iran's national flag-carrier Iran Air, the French-Italian company is expected to deliver nine planes to Iran in 2017, Deputy Minister of Road and Urban Development for International Affairs Asghar Fakhrieh Kashan told the Islamic Republic News Agency (IRNA) on Saturday.A group of experts …

Iran Oil Show 2017, attended by 4,500 national and international companies from 37 world states, started work on May 6 for four days.This year’s exhibition received rousing welcome from the European companies. The American corporations also dispatched their representatives to the Tehran oil event.Major European and Asian countries which took …

The economy minister represents Iran in the international forum and is expected to meet some of his counterparts on the sidelines of the meeting.Tayebnia had previously welcomed revival of the modern Silk Road, noting that “One Belt, One Road” program can strengthen relations among countries situated on the way of …

The two day summit has been organized by Women Chamber of Commerce and Industry (WCCI) in north western city of Peshawar. The objective of the conference is to emphasize the role women can play in the trade and business sector. Iranian women traders Maryam Soltani and Zahra Galij in their …

One of the main achievements made by the government concerning the country’s free economic zones, has been drawing up a strategy document for development of such regions as well as creating seven new free economic zones, said Mohammad Moezzuddin, an official affiliated with Secretariat of the Free Zones Coordination Council …

Based on the agreement, the state-owned Indian oil companies are planning to import 44,000 tons of Iranian LPG every month within a period of six months, informed sources affiliated with India’s f Ministry of Petroleum and Natural Gas said on Friday.To meet its domestic demands, India, reportedly, imports one million …

Mohamed Laroussi, the representative of Fresh Hill said in a meeting with traders working in horticulture in Gorgan that the company is ready to appoint agents to give a new momentum to exporting produce like tomatoes and nectarines.He added scientific and research relations and production according to reputed European licenses …

According to the plan proposed in year 2013 by President Xi Jinping, Asia and the Middle East will have broader connections with Europe.Tayebnia said the idea called ’ One Belt - One Road’ is important, adding the plan wil increase solidarity among countries.He called Iran and China two strategic partners, …

Given the potential in agriculture, the two sides underlined that cooperation in this field will prepare ground for expansion of trade and economic relations between Iran and Hungary.Head of Hungary's Chamber of Agriculture expounded on the existing trade capacities in agricultural productions in his country and said that livestock and …