Press TV

Iran, Brazil raise barter trade amid escalation of war in Ukraine

Iran is likely to step up corn imports from Brazil, with a urea cargo about to set off for the South American country next week under a barter arrangement.

Trade

Iraqi chief banker in Iran to discuss debt settlement

A senior banking delegation from Iraq led by the country’s chief banker have held talks with Iranian authorities in Tehran as a report suggest that negotiations between the two neighboring countries have focused on Iraq’s plan to settle a multi-billion dollar debt to Iran in the very near future.

Macro Economy

Iran, Brazil agree to barter fertilizer for livestock feed

Iran has signed an agreement with Brazil to barter its fertilizer for livestock feed from the South American country.

Agriculture and Environment

Iran’s aluminum output up by 24% YOY

Iran has reported a significant surge in aluminum output in the current calendar year as the country continues to enjoy higher activity in its metals and mining sector.

Mine and Industry

Iran Air increases Shiraz-Doha flights to help boost trade

Iran’s flag carrier Iran Air has announced it is increasing flights between southern Iranian city of Shiraz and the Qatari capital Doha.

Transportation

Iran Finland agree to avoid double taxation to boost economic ties

Iran and Finland have signed an agreement on avoiding double taxation as the two countries seek to expand trade and business ties.

Trade

Study suggest 19.5% growth in Iran oil, gas sector in year to March

A study by Iran’s parliament’s research center shows that Iranian oil and gas sector will grow by 19.5% in the calendar year to late March.

Energy

New shipping line set to operate between India and Iran’s Chabahar

A new direct shipping route between Iran’s southeastern port of Chabahar and Indian ports of Nhava Sheva and Kandla will open next month with the arrival of a container service at Shahid Beheshti port, an Iranian official says.

Transportation

Removal of sanctions will open room for any deal: Raeisi

President Ebrahim Raeisi says an agreement with the parties to the 2015 accord is only possible if the cruel sanctions against the Iranian nation are removed.

Society Economy

Iran’s exports to India up 74% in March-December

Iran has reported a major surge in non-oil exports to India in the nine months to December 21 as trade balance rose to a surplus of nearly US$300 million over the period with a steep decline in imports of staples like sugar.

Trade