The government of PM Modi is seriously studying plans to resume oil purchases from Iran despite the sanctions. New Delhi is reportedly ironing out the details.
The Asian country, which is one of Iran’s major trading partner, has opened the route by sending a 13,000-ton ship to Iran.
The partnership deal means Iran starts the construction of the railroad that will pass over border river Arvand. Tehran says it will take 2 years to complete the project.
An Iranian official says international business people can travel to Iran without getting their passports stamped in a bid not to prevent them from being let into the US.
The parliament speaker has promised to put a government bill on joining a Free Trade Zone with the Eurasian Economic Union to the floor’s debate in a bid to ratify the agreement before 17 June.
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) says there have been talks with an Iranian airline to carry out the flights to Tashkent, requesting the Uzbek envoy to do more to make this happen.
The Export Guarantee Fund of Iran (EGFI) says the MoUs will facilitate the transaction of first financial dealings between Iran and Europe within INSTEX and its Iranian counterparty STFI.
The joint chamber of commerce between the UK and Iran says its has only closed its London office in a bid to reduce costs and that all activities will be held online.
Uzbekistan Ambassador to Iran Bahador Abdullahyev has held talks with Gholam Hossein Shafei, President of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Tehran on Sunday, 26 May.
Manufacturers of auto parts from Iran and Italy have proposed that through barter system they can have trade exchanges to offset the effects of unilaterla US sanctions.