The Iranian capital mayor has held talks with Baghdad officials in a bid to open door for his municipality to enter in construction of a metro in the Iraqi city as well as renovate its urban architecture and help manage residuals.
The two countries see a rise in their banking relations after the Swiss humanitarian trade channel becomes finally functional to allow the trade of non-sanctioned humanitarian goods.
The payment mechanism is supposed to work like the European instrument, that although hasn’t been officially launched yet, is set to help Iran benefit from the dividends of the nuclear deal.
Iranian and Bulgarian chambers of commerce signed the memorandum in a bid to open the grounds for the creation of a an economic committee that facilitates private sector trade between the two countries.
A host of high-ranking Iranian and Azerbaijani officials opened Iran Trade Center, devised to boost commercial ties between the two countries, in the capital city of Baku.
The 32nd book fair held at the Iranian capital is offering thousands of books about China and its culture in a bid to revive the old Silk Road through cultural exchanges.
A number of Pakistani businesses who are engaged in exporting to Iran have called on Islamabad to open a payment channel with Tehran through a Pakistan-based Chinese bank.
Iranian President Hassan Rouhani says bartering goods and using rial and rupee with Pakistan in a bid to raise the annual trade volume to $5bn.
Iran-Oman Joint Chamber of Commerce President Mohsen Zarrabi says annual trade volume between Tehran and Muscat has risen two-fold, surpassing one billion dollars.
Undersecretary for the Omani Ministry of Agriculture and Fisheries Hamed Said Al-Oufi believes there are huge cooperation potential between Iran and Oman in fisheries industries as Tehran has made great advances in fish farming and catching.