Economy

Deputy Petroleum Minister for petrochemical affairs Marzieh Shahdaie told IRNA on Wednesday that the figure is supposed to increase to 21 million tons up to the end of the year.She pointed to Iran's petrochemical production, saying that until the end of Iranian month of Dey (Dec 21, 2016- Jan 19, …

The EAEU Prime Ministers Summit was held in Bishkek, Kazakhstan, on Tuesday with premiers of Russia, Kazakhstan, Belarus, Kyrgyzstan and Armenia.The summit discussed various issues including promotion of cooperation among member states and making use of their capabilities and potentials to boost interaction and collaboration among those states.A temporary MoU …

Director General of the Legal Affairs Department in the CBI Ardeshir Fereydouni commented on the US efforts to confiscate $ 1.6 billion of Iran's assets in Luxemburg and said it is contrary to law and international treaties, lacking power of enforcement there.Fereydouni made the remark in reaction to a report …

During the trilateral meeting, rail common tariff for the year 2017 was considered.Deputy Managing Director of Iran Railway Company Ibrahim Mohammadi and member of board of directors of the company Hossein A’shuri are members of the Iranian delegation in the negotiations.The Iranian delegation in their 3-day stay in Moscow had …

Establishment of direct flight between Tehran-Warsaw helps improve current level of relations, he said. Addressing a group of businessmen and industrialists in Qazvin, he said Iran and Poland maintained their amicable and peaceful relations in the past five centuries which is very valuable for Warsaw.Iran and Poland can broaden volume …

Khazaei made the remarks in the gathering, “Iran, Slovakia Development of Trade Cooperation” in Tehran Chamber of Commerce, Industries and Mines.Slovakian government has improved Iran’s credit line, because of increases in trade exchanges and they have declared in turn that they are going to improve Iran’s credit line by another …

He made the remarks in a gathering dubbed as 'Iran-Slovakia Trade Cooperation Development' here in the venue of Tehran Chamber of Commerce, Industry, Mine and Agriculture.Kazimir said that Iran was one of the important trade partners of Slovakia in the Middle East region before the imposed-sanctions and now 'we hope …

Pellegrini expressed hope that volume of trade grew rapidly, because Slovakia enjoys the most stable economy in the European Union.He added that Slovakia welcomes investment by Iranian companies and said his country is ready for cooperation with Iran to prepare suitable ground for joint venture projects.Pellegrini said Slovakia has advanced …

The Ambassador made the remarks at a seminar organized by the Express Media Group in Islamabad about China-Pakistan Economic Corridor project (CPEC).He added China-Pakistan Economic Corridor project (CPEC) is open and inclusive and other countries of the region including Iran could also benefit from it.Before the ambassador’s address, Pakistan Ports …

Answering a question during the 40th session of the National Assembly, he said the work on the project could not be started due to international sanctions on Iran.He said Pakistan is ready to complete the gas pipeline project within thirty months after the removal of international sanctions on Iran.The 56-inch …