A senior regional official is visiting Tehran on Tuesday to finalize the mechanism for releasing seven billion dollars of Iran’s frozen funds.
A total of 399,415 round-trip flights were operated in the last Iranian year (ended March 20, 2022), which comes to 33,285 flights per month on average, registered a 44% year-on-year growth.
Iran’s new PMI data for the fiscal month of Esfand (February 20 – March 20), released by the country’s Chamber of Commerce improved to a five-month high.
Some 13 million tons of commodities worth $5.6 billion were traded between Iran and the Eurasian Economic Union (EAEU) over the past Iranian fiscal year (ended on March 20), according to a report by Ruhollah Latifi, the spokesman of Iran Customs Administration (IRICA).
Pakistan’s Commerce Ministry has issued a statutory regulatory order (SRO) to officially allow barter trade with Iran.
Iran is scheduled to open a trade center in Armenia in the near future, according to the director of international affairs of the Ministry of Cooperatives, Labor, and Social Welfare.
Government change in Afghanistan and decreased purchasing power of the Afghan people have led to a fall in Iran’s exports to the neighboring country, according to Ruhollah Latifi, the spokesman of Iran Customs Administration (IRICA).
A working group on launching the rail corridor between Iran and Eurasia has set April 15 as the inauguration date for the corridor.
International air travels to and from Iran have nearly tripled in fiscal 2021-2022, according to Caretaker of Iran Airports Company Hamidreza Seyyedi.
Iran has made the biggest growth in steel production among the world’s top ten steel producers in the first two months of 2022.