Iranian Finance and Economic Affairs Minister Ehsan Khandouzi said that Iran joining BRICS and Shanghai Cooperation Organization (SCO) is hoped to bring noticeable achievements for the country in terms of attracting foreign investment.
The value of Iran’s non-oil trade with its neighbors increased by 2.5 percent in the first 11 months of the current Iranian calendar year (March 21, 2023-February 19, 2024) to reach $55.275 billion, the head of the Islamic Republic of Iran Customs Administration (IRICA) said.
The fourth meeting of the Iran-Hungary Joint Economic Committee was held in Tehran on Thursday at the end of which the two sides signed a comprehensive cooperation memorandum of understanding (MOU).
The loading and unloading of non-oil goods in the ports of Iran increased by 12 percent in the first ten months of the present Iranian calendar year (March 21, 2023-January 20, 2024), as compared to the same period in the past year, the country’s Ports and Maritime Organization (PMO) announced.
TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 731 points (0.04 percent) to 2,071,506 on Tuesday, which is the fourth day of the Iranian calendar week.
The Islamic Revolution Guard Corps (IRGC) Ground Force has bolstered its capabilities with the integration of Shahed-131 kamikaze drones and Ababil-5 combat UAVs.
Mikhail Ulyanov, the Russian ambassador to the Vienna-based international organizations, has reiterated Moscow’s position that there is no alternative to the JCPOA (Joint Comprehensive Plan of Action), the official name for the 2015 Iran nuclear deal.
Iran shares land or water borders with 15 countries namely UAE, Afghanistan, Armenia, Azerbaijan, Bahrain, Iraq, Kuwait, Kazakhstan, Oman, Pakistan, Qatar, Russia, Turkey, Turkmenistan, and Saudi Arabia. Expanding trade with the neighboring countries is one of the major plans that the Iranian government has been pursuing in recent years.
The Secretary of Iran’s Free Zones High Council Hojatollah Abdolmaleki said the country is negotiating with 21 different countries to establish joint free zones, with six of which agreement documents have also been signed.
Iran exported commodities valued at $1.8 billion to India during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.