Economy

“Iran is Kazakhstan’s strategic partner,” Kazakh investment minister said in a meeting with Deputy Governor of Central Bank of Iran Gholamali Kamyab in Astana on Friday. The two sides discussed boosting banking cooperation and investment opportunities. Kamyab pointed to the creation of needed mechanisms to broaden the trade relations between …

Speaking to IRNA, Ranjkesh said in the first phase of the operation a 600-meter-long rail track was laied while grounds are to be prepared for the second phase which complete the whole project in the Iranian side.Iran-Azerbaijan railway is part of a larger national development project called the North-South Corridor …

Speaking to IRNA in this southwestern provincial capital city, he said that the resistance economy was one of the most pivotal strategic programs of the government in recent years.The Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has also emphasized repeatedly on proper implementation of the policy. The …

Erfanian said in the meeting that in the past three months three top Zimbabwean officials visited Iran.He stressed that Tehran and Harare could benefit from the sound atmosphere created after implementation of the Joint Comprehensive Plan of Action (JCPOA) as well as the grounds made after removal of economic sanctions …

Speaking to IRNA in this northeastern provincial capital city, the minister said that Iran's clothing market is apt to attract foreign companies and create job for 500,000 domestic workers.Rabie said that working in Iran’s clothing market would be very promising for all investors.The landmark nuclear deal was signed in Juyly …

“Armenia is fully ready to broaden cooperation between EurAsia and the European Union on the one hand and Iran on the other,” Sarkisian said on Wednesday. He said that Armenia has good record of historical ties with Iran, adding, “Now given the two countries’ good relations in economic, political and …

[unable to retrieve full-text content]Tehran, March 1, IRNA – Lawmakers in the Iranian parliament (Majlis) urged the Ministry of Petroleum on Wednesday to increase the country’s strategic reserves of oil and natural gas as a leverage in the global oil and gas markets. www.irna.ir

He made the remarks here in a conference dubbed as; cooperation development and technology of upstream sector of oil and gas of Iran and Norway.Kvistad announced that banking problems and transparency issues are among challenges which by overcoming them grounds for expansion of trade cooperation between the two countries will …

Shahdaie said regarding presence of many foreign delegations in Iran and their call for cooperation, conditions have been prepared for boosting activities in the industry.She said that under the present competitive and complex world, growth and promotion of petrochemical industry is a must.1420**2050 www.irna.ir

Shahnazizadeh told a press conference that total production from joint fields west of Karoon will rise up to 320,000 barrels per day by end of this year.“If needed, we can raise the eventual production capacity through certain fields in the region up to 360,000 barrels per day. Oil production from …