Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has selected five leading Iranian provinces for their performance in improvement of business environment in the first quarter of the current fiscal year (March 21-June 22).
Acceleration of Basra-Shalamcheh railway project, joining Iran to Iraq, was one of the main agendas of a Sunday meeting between Iranian President Ebrahim Raeisi and visiting Iraqi Prime Minister Mustafa al-Kadhimi.
Contraction of economic activities continued in Iran in the calendar month of Mordad (July 23-August 22), according to purchasing managers’ index (PMI) data released by Iran Chamber of Commerce.
Foreign investment in Iranian industry and mining sector stood at some $388 million over the first five months of the fiscal year (March 21-August 22) accounting for some 80% of the total foreign investment attracted by the country over the five-month period, report says.
Iran’s new Minister of Petroleum Javad Owji says the country has plans to increase oil capacity by one and a half time (50%) within the next four to five years.
Iran and Russia traded $805 million worth of goods during the first four months of the current fiscal year (March 21-July 22).
Iranian private sector has warned the government authorities about neglecting the Iraqi energy market.
Iranian Foreign Minister Hossein Amir Abdollahian says the Ministry of Foreign Affairs is determined to support the role and participation of the private sector in relations with other countries.
Statistics suggest that some 56% of Iran’s total exports with the Eurasian Economic Union in 2020 have been made through the General System of Preferences (GSP).
Expo 2020 Dubai, provides Iran with a chance to promote exports and give a boost to tourism industry, according to Farshid Farzanegan, the head of Iran-UAE Joint Chamber of Commerce.