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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).

Syria Economy Minister visits Iran Chamber of Commerce

Mohammad Samer al-Khalil visited the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Sunday in a bid to ask Iranian companies to take active part in the country reconstruction after seven years of devastating war.

Syria economy minister says “doors open” to Iranian firms

With government forces taking back large swathes of Syria from terrorists, Iran, that shore up the government in Damascus during the seven years of war, is keen to enter the country’s multibillion-dollar reconstruction market.

‘All Oman ports open to Iran ships’

Restrictions on Iranian vessels travelling to Oman have been removed after Tehran sought proper permission.

Iran businessmen to weigh India market in new year visit

Iran is set to expand political and economic ties with India especially after the revival of US economic sanctions that took effect on 5 November.

Iran private sector to take over Iraq energy, water infrastructure

Tehran has been trying to dominate the recontruction market in Iraq which is also requesting more Iranian investment.

Iran looks to import medicine from Brazil, India

Tehran wants to offset possible shortages of certain medicine following the US sanctions by luring investment from Brazil and India.

Iran, Pakistan sign road transport agreement to boost trade

International transport and transit between Iran and Pakistan can finally connect East Asia to Europe via roads.