Iran private sector urges Tehran-Ankara barter trade

Iran Chamber of Commerce President has urged Tehran and Ankara to set up barter trade to further expand bilateral economic relations.

Iran Qanat-based saffron farming declared Globally Important Agricultural Heritage

Three unique agricultural production systems across Iran have been registered as Globally Important Agricultural Heritage Systems (GIAHS), an initiative by the FAO to preserve these sites around the world.

Iran private firms to build offshore vessels for Persian Gulf oil operations

In a bid to reduce its dependency on foreign companies and consequently offset sanctions, Iran has been able to reduce by 60% the number of foreign vessels that have been used in the countrys oil operations.

Qatar to produce red meat in Iran’s Bushehr

Qatar has been eagerly expanding ties with Iran after its neighbors imposed economic sanctions and cut bilateral relations. Iran has been exporting much of the necessary commodities to the Persian Gulf country through the southern Port of Bushehr.

Iran seeks to preserve water, increase agricultural production

With water resources shrinking day by day, Iran has been aiming to increase its domestic production while it keeps the same amount of water used to cultivate plants.

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Iran-made plants already supplying power to Iraq

Iran-Iraq joint Chamber of Commerce Vice President, Alireza Kolahi, says Iranian public and private firms have been actively generating electricity for residents of the Iraqi capital Baghdad as well as the city of Najaf. He also mentioned that more contracts are in the pipeline.

Iran carries out first overhaul of its new Airbus A321

After Donald Trump withdrew the US from the JCPOA, Washington reimposed sanctions on Iran’s economy, oil and banking sectors. As a result, the country’s flag-carrier airliner Iran Air has been forced to overhaul itself one of its Airbus planes.

Iran, first MidEast country to join Int’l pharmaceutical regulatory body

In a bid to increase the quality of the medicine produced in Iran, the country has been allowed as an observer member into the ICH, which oversees pharmaceutical production all over the world.

Iranian firms challenge US, European rivals in Iraq electricity market

Tehran has been seeking to get a bigger share of the huge reconstruction market in Iraq following the end of war against the ISIS. Iranian power companies are the main rivals for American and European firms who are struggling to win big contracts.

Indonesia to invest in Iran’s Arvand Free Zone

A regional Iranian Chamber of Commerce and Arvand Free Zone sign agreements with Indonesia to boost Jakarta investment in western Iran free trade zone.