Iran’s new PMI data for the fiscal month of Farvardin (March 21 – April 20), released by the country’s Chamber of Commerce suggests a sharp fall in the figure partly due to reducing purchasing power and increasing production costs.
A new free trade zone was launched on Iran’s joint border with Iraq on Saturday.
Iranian First Vice President Mohammad Mokhber reassured the people that the government subsidies for bread and medicine will not be removed.
A giant ro-ro ship which is reportedly carrying a cargo for the United Arab Emirates has docked at the northern Iranian port of Noshahr.
Chairman of Tabriz Chamber of Commerce in northwestern Iran Younes Jaeleh said on Saturday that a preferential agreement between Iran and Turkey need to be expanded to include further areas.
Iran has exported some $64 million worth of hand-woven carpets in the fiscal year to March 2022, according to the head of Iran National Carpet Center.
Iranian Minister of Road and Urban Development Rostam Qassemi left Tehran for Moscow on Tuesday night for transportation discussions.
Iranian Minister of Petroleum Javad Owji has warned about the country’s gasoline production nearing refining capacity which has given rise to speculations that Iran may have to resume imports of gasoline once again.
Dogharoun border crossing, which is the main Iranian gateway to Afghanistan, reopened on Sunday less than 24 hours after it was temporarily shut down by the Iranian side, according to a provincial Road Maintenance and Transportation official.
President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei voiced the readiness of Iranian private sector to further boost trade exchanges with Kyrgyzstan.