Tehran Times

Tehran, Moscow sign MoUs on customs cooperation

Iran and Russia signed two memorandums of understanding (MoUs) preparing a draft for an agreement to broaden cooperation between the customs of the two countries.

Trade

Iran’s monthly mineral exports rises 16% YOY

The value of Iran’s export of minerals and mining products rose 16 percent in the first month of the current Iranian calendar year (March 21-April 20), as compared to the first month of the previous year, according to the data released by Iranian Mines and Mining Industries Development and Renovation Organization.

Mine and Industry

Afghanistan calls on Iranian firms to develop its mines

Iranian Deputy Minister of Industry, Mine, and Trade Minister Reza Mohtashami-Pour, who has traveled to Afghanistan for a two-day visit, said Afghan officials have called on Iranian mining companies to develop the country’s mines.

Mine and Industry

IMF ranks Iran 20th among world economies

In the latest ranking of the world’s largest economies by the International Monetary Fund (IMF), Iran is ranked 20th and stands higher than many European countries such as Poland, the Netherlands, Argentina, Switzerland, Belgium, and Austria.

Macro Economy

Iran’s annual tea exports up 77% to $28 million

Iran exported over 27,272 tons of tea leaves valued at $28 million in the previous Iranian calendar year 1400 (ended on March 20), registering a 77 percent rise in value and a 68 percent increase in weight, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said.

Agriculture and Environment

Iran plans to rise oil production capacity to 5.7m bpd in 8 years

National Iranian Oil Company (NIOC) plans to increase the country’s crude oil production capacity to 5.7 million barrels per day (bpd) over the next eight years, Mohsen Khojasteh-Mehr, the company’s managing director, said on Thursday.

Energy

Iran-Syria annual trade up 60% YOY

The value of trade between Iran and Syria rose 60 percent in the previous Iranian calendar year (ended on March 20) as compared to the preceding year, the chairman of Iran-Syria Joint Chamber of Commerce announced.

Trade

Iran Oil Show 2022 to kick off on May 13

The 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022) is scheduled to kick off on May 13 at Tehran Permanent International Fairgrounds, Shana reported.

Energy

Iran’s annual mining exports up 91%

Iran exported around $10.532 billion of minerals and mining products in the previous Iranian calendar year 1400 (ended on March 20), registering an increase of 91 percent year on year, an official with Iran’s Trade Promotion Organization (TPO) said.

Mine and Industry

Tehran, Baghdad agree on settling gas debt

Iraq’s Acting Electricity Minister Adel Karim announced reaching an agreement with Iran on settling his country’s gas debts to the Islamic Republic, IRIB reported.

Energy