Iran, Nicaragua keen on starting bilateral trade despite US sanctions

Although very far apart, Iran and Nicaragua are ready to expand their cooperation. Tehran and Manágua are getting closer day by day and are seeking barter trade to kickstart their bilateral trade exchanges.

ICCIMA President Shafei visits Caspian Exhibition of Innovative Technologies

Gholam Hossein Shafei, President of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) visited Caspian Exhibition of Innovative Technologies on the sidelines of the first Caspian Economic Forum that was held in Avaza Touristic Zone in Turkmenistan on Monday.

Iran private sector urges efforts to reach $3bn trade with Turkmenistan

Iran and Turkmenistan are neighbours, share border and are friends. However, they are not that close economically speaking. Now, Tehran wants to help increase bilateral trade volume to $3bn.

Iran private sector urges creation of Turkmenistan-Iran Joint Chamber of Commerce

Iran private sector urged Turkmen officials to establish Turkmenistan-Iran Joint Chamber of Commerce in a bid to booster bilateral economic relations.

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Cuba’s doors are open to Iranian private sector businessmen: Envoy

Cuban Ambassador to Iran Alexis Bandrich Vega says Iran has a great opportunity to strengthen trade ties with the Caribbean island nation because the country depends very much on foreign trade.

Iran-Cuba business forum at ICCIMA in pictures

Cuban Ambassador to Iran Alexis Bandrich Vega and Cuban Embassy’s First Secretary and Commercial Counselor Tania Causse presented business opportunities to Iranian businessmen and women in a bid to lure Iranian investment.

Cuba opens doors to Iranian private sector

Iran and Cuba are both under the US sanctions since their respective revolutions in 1979 and 1959. Cuba has undergone political changes and is seeking to attract more foreign investment despite the US sanctions.

Iraq, Iran discuss ditching dollar to expand trade ties

Baghdad and Tehran are keen on expanding their commercial ties despite the US unilateral sanctions. Ditching dollar is one way to reach this goal.

Bernd Erbel, newly-appointed INSTEX president, resigns

Erbel was set to replace former German banker Per Fischer as INSTEX president after the latter’s six-month period came to an end with no tangible results at the end.

China continued Iran oil imports in July in teeth of US sanctions: Report

Iran is now relying on the Asia’s rising dragon to be a helping hand in its oil sales as the US sanctions impede foreign Iranian crude flow. The latest data show China is trying hard to prove the US can’t affect its economy.