TEHRAN, Sep. 07 (MNA) – Secretary-General of the Iran-Brazil Joint Chamber of Commerce said that the relations between the two countries are expanding and exports to this country can be increased. “The ties between the two countries are expanding and according to the advantages of Iran and the needs of Brazil, exports to this country […]

Steel production in Iran has declined by 50 percent in the past three months, a member of the country’s steel producers’ association has told. Reza Shahrestani who was speaking about why steel exports to Afghanistan have been reduced said that authorities have rationed steel to first satisfy domestic demand and supply foreign customers according to […]

Chabahar, IRNA – Creating links between economic activists in the Chabahar Free Trade Zone and three million members of the World Free Zones Organization (FZO) is only part of the advantages of the Iranian port city’s membership at the world organization. Samir Hamrouni, the CEO of the World FZO, sent recently a letter to Managing […]

TEHRAN, Aug. 25 (MNA) – Spokesman for Islamic Republic of Iran Customs Administration (IRICA) said that trend of trade between Iran and Afghanistan, which had slowed over past one and a half months, returned almost to its ordinary condition. Seyyed Rouhollah Latifi broke the news on Wed. and stated, “Following the recent developments happened in […]

TEHRAN, Aug. 23 (MNA) – According to the spokesman for the Islamic Republic of Iran Customs Administration, the trade between Iran and Afghanistan is back to normal condition. A spokesman for the Islamic Republic of Iran Customs Administration (IRICA) said that the volume of trade between Iran and Afghanistan has decreased in the wake of […]

TEHRAN, Aug. 22 (MNA) – The Director-General of Sistan and Baluchestan Ports and Maritime Department General informed on Sat. that Iran has resumed transit of goods from Chabahar Port to Afghanistan. According to Behrouz Aghaei, between 100 to 200 trucks commute between Iran and Afghanistan daily. Referring to the several-day suspension of trade with Afghanistan through […]

Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to be limited on worries that rising COVID-19 cases and restrictions in China will dent fuel demand. Brent crude was up by 29 cents, or 0.4%, at $69.33 a barrel by 0359 GMT, after falling 2.3% […]

TEHRAN, Aug. 09 (MNA) – The head of Iran Mine House Mohammad Reza Bahraman said that mineral cooperation between Iran and Brazil will be expanded. Referring to the recent visit of a Brazilian delegation to the Iran Mine House, Mohammad Reza Bahraman said that in this meeting, which was attended by the Chairman of the Friendship […]

The former governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati has urged Iran’s next government against borrowing from the central bank to meet its budgetary needs. Hemmati wrote on his Telegram channel before the inauguration of Iran’s next President Ebrahim Raisi that “printing banknotes as a way of coping with budget deficits continued […]

TEHRAN, Aug. 02 (MNA) – According to the Spokesman for the Islamic Republic of Iran Customs Administration, Iran and Afghanistan borders have resumed their activities after a temporary closure due to internal development inside Afghan soil. Referring to the temporary closure of three Iranian borders between Iran and Afghanistan due to the tensions in this […]