Russian Engineering Union official calls for creation of trading house with Iran

Aleksandr Buyda, director of Russian Engineering Union in the Volgograd region, says it’s necessary to set up a trading house between Iran and Russia to better facilitate bilateral trade.

Iran delivers first Chinese oil cargo since May: Report

Data from oil tankers show that an Iranian oil carrier has berthed at a Chinese port to be the first confirmed delivery of Iranian crude purchase after 2 May when the US didn’t extend oil sanctions waivers for clients of Iranian energy.

EU’s Mogherini says INSTEX, ‘ready to be operational’

The European Union’s External Action High Representative Federical Mogherini has said that the INSTEX is ready to be operational and carry out the first trade exchange with Iran before Tehran’s 60-day ultimatum expires next week.

Iran to soon open border market on North Khorasan-Turkmenistan border

The Iranian industry, mine and trade said a border market will soon be opened on Turkmenistan border in a bid to boost local economy.

Iran, Qatar to launch cargo-passenger shipping line from Bushehr Port

Iran’s southern port of Bushehr is about to launch a cargo and passenger shipping line with Qatar using a roro/passenger ship called Grand Ferry.

Iran officially stops stamping passports to attract more tourists

The Iranian president has authorised the interior ministry not to stamp foreign tourists’ passports to avoid the US retaliation and hike its own revenues from the tourism sector.

Iran, Ghana agree to facilitate trade cooperation through free trade zones

Iran and Ghana have singed a document to consolidate their trade ties as Tehran looks to diversify its export destinations and trade partners.

Iran seeking monetary pacts with regional countries: FM Zarif

Iranian Foreign Minister Mohammad Javad Zarif says his country is in talks with several regional countries to do business in national currencies.

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‘Import, export and joint ventures, main strategies for Russia-Iran trade boost’

Vadim Tkachenko, president of Volgograd Chamber of Commerce and Industry, that lead a large business delegation to Iran, says there are large areas of cooperation between Russia and Iran such as import and exports as well as joint venture.

Russia to lend Iran a hand for exporting oil: Report

Russia says it is willing to step in to help Iran export its oil while the country is struggling to keep the oil flowing while pressured by sanctions levied by the United States.