Iran exports to Iraq worth $11bn annually

Iran has been dominating the market in Iraq as the Baghdad moves forward to rebuild the Arab country. Commodities and energy top Iraqi annual imports.

Iran private sector eyeballs trade boost in India visit

Iranian oil for India is still crucial as is New Delhi investment in Chabahar Port that adds a further leverage to the countrys regional influence, linking it to Central Asia and Europe. These are will top Iran FM Zarifs agenda in India visit where he is accompanies by a large business delegation.

Iran “ready” to double power export

Iraq, Pakistan, Afghanistan and Armenia are already imorting some part of their needed elictricity from Iran which now says can increase the export.

Sanctions cause epilepsy medication shortage

The US Treasury says the renewed economic punitive measures do not impede humanitarian aid for Iran but with less and less European banks willing to accept financial transactions with Iran, food, medicine and medical equipment imports have been disturbed.

Europe to continue work on SPV in 2019: Mogherini

It was supposed to be put into place by the end of 2018, however it did not come through. Now, the head of the continent foreign policy is promising to keep working on that this year.

Iran private sector gauges damaged Syria infrastructure investment

Days after Syrian Economy and Foreign Trade Minister, Mohammad Samer al-Khalil, held high-level talks with Iranian public and private sectors to boost Tehran investment in post-war country, an Iranian private sector delegation is in Syria to evaluate business.

Islamabad "ready" to renew 100MW power agreement with Tehran: Pakistan minister

The country has been importing Iranian electricity since 2002 mainly to help supply high demand in the border Balochistan province. Since then, Islamabad has increased the volume to 100 megawatts.

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Syrian minister calls on Iranian firms to invest in rebuilding country

Economy and Foreign Trade Minister of Syria, Mohammed Samer al-Khalil, says there are huge opportunities for Iranian companies to rebuild the war-torn country. Damascus priority is to reconstruct the destroyed infrastructure.

With financial channels stifled, Iranian citizens pay sanctions price

The US unilaterally walked out of the Iran nuclear deal and reimposed sanctions that target the oil and banking sectors. Washington says humanitarian goods, such as food, are exempt from the measures. But, the situation on the ground shows the otherwise. Ordinary Iranians are being affected the most.

Iran hits trade surplus of $738m

A latest report by Iran’s Customs Administration shows how a drop in imports helped increase the country’s trade surplus in a 9-month period (April-December).