Asadollah Asgaroladi, ex-ICCIMA vice president, dies at 86

The Iranian billionaire merchant was one of the eight people who revived Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) several days following the 1979 Islamic Revolution. He was ICCIMA vice president for 16 years.

Iraq resists US pressure to cut down on Iranian gas imports

Iraq is one of the major Iranian gas clinets to feed its power plants that general electricity for millions of its inhabitants.

Iran wants India to resume oil imports, says US sanctions unilateral decision

Iranian Ambassador to India Ali Chegeni has said Tehran may look at other markets to procure soymeal, rice if India does not resume normal trade ties with Iran.

Iran leader allocates funds for key rail project linking Chabahar to Zahedan and Afghanistan

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has approved tapping into Iran’s sovereign wealth fund for construction of a key railway in the southeast of the country.

Club of sanctioned countries: potential bloc against US ‘economic terrorism’

Iran has been resisting the US sanctions following the 1979 Islamic Revolution. 40 years on, many other countries are also suffering and withstanding those punitive measures. Now, Tehran is proposing that all these US-sanctioned countries join a club to better coordinate their efforts against its "economic terrorism".

No US pressure over relations with Iran, says Armenian PM

The US has been pressuring Iran’s neighbours to change their course as part of its so-called maximum pressure campaign on Tehran. But, Armenia says the US has come to understanding that it can’t do so.

Video (Part 4)

Black Sea-Persian Gulf corridor gaining momentum for Iran, Bulgaria

Iran’s Ambassador to Bulgaria Mohammad Javad Rasouli says Tehran and Sofia need each other as both can open the other’s path towards new markets, that’s why a trade corridor that connects Black Sea to Persian Gulf is gaining momentum each day.

Video (Part 3)

Iran, Bulgaria consider joint investment fund to circumvent US sanction

Iran’s Ambassador to Bulgaria Mohammad Javad Rasouli says the two countries are in talks to create joint investment fund and devise barter trade in a bid to fast-track goods exchange in the wake of US sanctions.

German diplomat Michael Bock appointed new INSTEX president

Ambassador Michael Bock has been appointed president of the mechanism designed to settle trade between Iran and Europe, officially known as Instrument in Support of Trade Exchange (INSTEX).

Direct flights from Isfahan to Damascus resumed

The launch is important as Isfahan is one of Iran’s industrial hubs and more Iranian businessmen and women could travel easily to the Arab country that is seeking foreign investment to reconstruct itself.