Economy

Speaking to reporters after weekly cabinet session on Wednesday, Zangeneh commented on cooperation with Chinese companies, and said these companies are Iran’s strategic partners. Zangeneh said for the time being, the first section of the PGSR has been operational and the second section, relating to distillation, has received feedstock.He noted …

Zanganeh made the remarks in a meeting with visiting Russian Energy Minister Alexander Novak in Tehran. Zangeneh reiterated that fifty percent of the exported shipment would be paid in cash in specific deadlines and the rest would be spent on importing Russian commodities that Iran needs.He also appreciated Russia’s constructive …

Jahangiri further told First Deputy Prime Minister of Russia Igor Shuvalov that Iran and Russia should try to upgrade their economic relations to the tune of proper political relations.He hoped that the visit of the Russian senior official to Iran will end up in promotion of bilateral relations. Jahangiri announced …

Out of 202 votes cast in the Tuesday session, 111 votes were in favor and 70 against the legislation with five votes of abstention.The lawmakers then focused on details of the document.The bill includes one articles and 21 notes.The parliament started debate on the bill last Monday and 10 MPs …

The Islamic Republic of Iran Railway announced on Tuesday that based on the railway cooperation agreement, the two sides will ease railway tariffs of the export and transit goods. Signatories to the deal were Deputy Head of Iran State Railway Organization for Exploitation Affairs and his Kazakh counterpart Arman Sultanev.Based …

Both sides discussed the issue of exploiting joint border oil fields and solving the related problems through negotiations and agreements and using Iran’s border refineries oil fields in producing oil in Kirkuk oil fields, according to a statement by Iraqi National Coalition.“Common stances and establishment of economic ties between Iran …

Exclusively speaking to IRNA, al-Fahadawi said the process of the export is in its final phases. He further appreciated good cooperation between Baghdad and Tehran, adding that unfortunately the cooperation has not reached the expected level as Iraq is suffering from a serious financial crisis which he described as the …

According to a statement by Iraqi Prime Minister’s Office, both officials also shared views on cooperation in the fields of oil and gas as well as electricity.Zangeneh also conveyed President Hassan Rouhani and First Vice President Es’haq Jahangiri's regards to Al-Abadi, reaffirming Iran’s support to Iraq in anti-terrorism campaign.Zangeneh arrived …

According to the report of the Japanese embassy cultural center in Tehran, seven agreements with an aggregate value of 446,140 euros were signed by Japan's Ambassador to Tehran Hiroyasu Kobayashi as follows;Donation sum up to 68,997 euros to Gilan province's physically-impaired and elderly sanatorium in a project to provide rehabilitation …

Due to sale problems during sanctions era, Iran had reserved gas condensates in China reservoirs.After lifting sanctions imposed on Iran, these consignments were sold. China as the biggest customer of Iran’s oil and gas condensates in sanctions era, have purchased 40% of Iran’s oil for exports and the figure has …