Fars News

Iran’s two-month non-oil trade at nearly $17 billion

The Iranian customs office (IRICA)’s data indicates that the value of the country’s non-oil trade with foreign states reached a total of $16.631 billion over April and May.

Trade

Iran offers single currency mechanism to SCO member states

Iranian Deputy Foreign Minister Mehdi Safari said that his country has proposed the Shanghai Cooperation Organization (SCO) members to use a new single currency to settle the problems faced in the trade sector.

Trade

Iranian official says Iraq top priority in enhancement of trade ties

Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari said that Iraq is the first priority for Iran in developing trade relations with the regional states.

Trade

Iran seeking $40bn annual trade with Russia

Iranian Petroleum Minister Javad Owji said that Iran wants to bring its annual trade ties with Russia to $40 billion.

Trade

Iran to establish trade office in Oman: President

Iranian President Ebrahim Raeisi said that Tehran has decided to establish a trade office in Oman to further broaden economic cooperation with the neighboring state.

Trade

Cuban deputy PM to visit Tehran for economic talks

Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari announced that Cuban Deputy Prime Minister Ricardo Cabrisas Ruiz is due to visit Tehran at the head of an economic delegation to enhance ties.

Trade

South Pars Phase 11 daily gas output to hit 14 mcm

Phase 11 of the South Pars Gas Field is planned to produce 14 million cubic meters (mcm) of gas per day by the end of the current Iranian year (started March 20, 2022), an Iranian energy official said.

Energy

Iran’s trade with Shanghai Cooperation Organization members increases to $37 billion

Spokesman of the Islamic Republic of Iran Customs Administration Rouhollah Latifi announced that the volume of trade between Iran and the Shanghai Cooperation Organization (SCO) has grown to over $37bln in the past Iranian year (ended on March 20).

Trade

Iran to construct 4 GW of solar plants in two years

The Iranian Energy Ministry issued permits for the construction of solar power plants with a total capacity of 4 gigawatts (GW) across the country.

Energy

Daily COVID cases in Iran drop to 608

The Iranian health ministry announced on Saturday that 608 new cases of coronavirus infection have been identified across the country during the past 24 hours, adding that 22 patients have passed away in the same period of time.

Society Economy