Iran and Russia have plans to invest as much as $38 billion in the development of the International North-South Transport Corridor (INSTC), according to an official with the knowledge of the matter.
Some 50% of Iran’s foreign trade is being carried out with West Asian countries, according to the director of West Asian department of the Trade Promotion Organization of Iran (TPO).
Saudi Arabia’s Ambassador to Iran Abdullah bin Saud Al-Anzi visits Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) where he meets ICCIMA President Hossein Selahvarzi on October 25, 2023.
As much as 90% of trade exchanges between Iran and the UEA are being carried out by the private sector, according to Iran’s consul general in Dubai.
Iran has produced as much as 149,310 tons of tea in this crop year to set a 13-year record, according to the head of the Iranian Tea Organization.
Saudi Arabia’s newly appointed ambassador to Iran Abdullah bin Saud Al-Anzi says the embassy tries to form a supreme council of Iranian and Saudi businesspeople.
A free trade agreement (FTA) between Iran and the Eurasian Economic Union (EAEU) member states is expected to be signed by the end of 2023, according to an Iranian official with the knowledge of the matter.
Iran and Armenia have signed a contract based on which two Iranian contractors will construct the 32km Agarak-Kajaran road in Armenia as part of efforts to complete a strategically significant International North-South Transit Corridor (INSTC).
Iran imported 7.45 metric tons (mt) of gold ingots worth $475.59 million in the first half of the current Iranian calendar year (March 21 – September 22).
The Board of Representatives of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) convened in the ICCIMA headquarters in Tehran, Iran, October 22, 2023.