Head of the chamber of commerce of western Iranian province of Kermanshah Keyvan Kashefi has underlined the need for Iran’s further presence in the Iraqi market.
The director of Jask oil terminal Reza Dehkordi said on Wednesday that the terminal will reduce the costs of any shipment of Iranian oil by around $300,000.
Senior economic officials from Iran and Armenia, in a meeting in Tehran, explored avenues for expansion of economic relations.
Figures by Iran Ports and Maritime Organization (PMO) show loading and unloading operations at ports located south and north of the country soared by nearly 10% in the four months to July 22 against similar period last year.
Figures by Iran’s customs office IRICA shows exports to Azerbaijan Republic soared in the year to March 2021 despite intermittent restrictions imposed at borders to contain the spread of the coronavirus.
Iran and India have finalized a draft agreement on preferential trade after five rounds of high-level talks.
A significant part of Iran’s exports shipments sent to neighboring Iraq ends up in Syria, says Keyvan Kashefi, who chairs the Iran-Syria Joint Chamber of Commerce.
Iran has inaugurated its new crude oil export terminal on the Sea of Oman, a project hailed by President Hassan Rouhani as a historic achievement which could prove vital in the country’s energy future.
Recurring blackouts and constraints in the supply of raw materials hampered business activity in Iran during the calendar month of Khordad (May 22 - June 21), according purchasing managers’ index (PMI) data released by the Iran Chamber of Commerce.
A South Korean newspaper report says funds belonging to Iran and frozen in two bank accounts in the country have been used to pay back debts to dozens of companies who had exported goods and services to Iran before the country came under US sanctions in 2018.