Economy

Walid al-Helou made the remarks in a meeting with Iranian trade and economic delegation led by deputy minister of industry, mines and trade Mojtaba Khosrotaj.He said that Iran is a major country with long borders with Iraq and that the Iraqi government is willing to upgrade trade ties and economic …

An official at Indian ONGC Videsh Ltd, who wanted not to be named, said the company had delivered its documents to the National Iranian Oil Company (NIOC ) to run the tender.The NIOC is to hold several tenders for a number of qualified foreign oil and gas E&P companies.Ministry of …

Nematzadeh told Iran's Ambassador to Turkey Mohammad-Ebrahim Taherianfard and the staff of the economic section of Iranian Embassy in Ankara that the investment had been made in 170 industrial and mineral projects and 80 of them have thus far been successfully commissioned.He added that more than $ 5.5 billion out …

NIGC spokesman Majid Boujarzadeh said that the company exported some 27 million cm/day Iranian gas to Turkey on average over the past week.Speaking exclusive to IRNA, Boujarzadeh said that despite a halt to Turkmen gas export to Iran, Iran does not have any difficulty to pump Iranian gas to Turkey.Meanwhile, …

Heading a high-ranking delegation, he arrived in Ankara Tuesday morning and was welcomed by the Turkish officials upon arrival.Nematzadeh is scheduled to meet Turkish Economy Minister Nihat Zeybekci who is also head of Iran-Turkey joint economic and trade commission.Turkey's standards for Iranian exported commodities is one of the topics to …

Siavash Nazari who works for the Industry, Mine and Trade Organization in this western Iran province told IRNA on Tuesday that exports from the province showed about 17.6% rise compared with the same period last year.He said the province targets $ 102m worth of non-oil this year.'Exported products consisted of …

Talking to IRNA, Khosro-Taj also expressed hope that obstacles on the way of fostering mutual cooperation could be eliminated in near future.He put the level of Iran-Iraq annual mutual transactions at $ 6.6 billion, adding the figure indicates five percent increase in terms of value during the past nine months …

In an article published in Pakistan print media, Majyd Aziz said that Pakistan must announce unilateral suspending of membership in SAARC since the regional bloc has proved to be of little advantage.Pakistan does not have good memory of SAARC and one of top politician of the country, Mushahid Hussain Syed …

According to the WB report, 'The world statistics on 2017 debt', Iran's foreign debt was 17.344 billion dollars in 2011, including $ 4.814 billion long-term and $ 10.320 billion short-term and $ 2.209 billion debt to such international financial organizations as the WB and the IMF.The report said in 2015, …

Head of the Agricultural Research Organization Eskandar Zand said on Monday, 'We have attained full self-sufficiency in production of majority of essential seeds like wheat, barley, cotton, corn and rice and researchers are hard in efforts to make the country needless of import of other seeds.'Zand told the 1st National …