The Iranian ambassador to Moscow says the International North-South Transport Corridor (INSTC) can serve as a low-risk, profitable alternative to the Suez Canal.
The Chinese and Iranian foreign ministers signed a 25-year agreement between the two allies. China agreed to invest $400 billion in Iran in dozens of fields in including banking, telecommunications, ports, railways, health care and IT.
Thirty Iranian companies have opened office at Iran Trade Center in Damascus, the chairman of Iran-Syria Joint Chamber of Commerce says.
Months after Iran private sector announced its objection to the way the World Bank is examining the country’s efforts to carry out economic reforms, an Iranian government agency has urged the group to refrain from politicized moves in evaluating the country’s business situation.
Iran-Iraq border points will be closed for passengers until April 4, Hossein Qasemi, director-general of border affairs of Iranian Interior Ministry, told IRNA news agency.
India has delivered the second consignment of heavy equipment, including two 100-tonne mobile cranes, to Iran’s Chabahar port, reflecting New Delhi’s commitment to the strategic connectivity and transit initiative.
The Statistical Center of Iran (SCI) has released latest monthly data on consumer prices in the country, saying inflation rose to 36.4 percent in the final month of the last calendar year which ended on March 20.
Chinese Foreign Minister Wang Yi is scheduled to pay an official two-day visit to Tehran to hold talks with senior Iranian officials on strategic relations and leading regional and international developments.
The Iranian Energy Ministry has issued a top-level flood warning for areas in northwest of the country, saying that 36 hours of rains that are expected to start on Tuesday could cause floods in five provinces in the region.
Iran’s second black chador (a full-body piece of fabric used by some Muslim women to cover the body while leaving the face uncovered) production factory was recently inaugurated in Isfahan Province.