Iran and Syria have agreed to set up a joint bank and free trade zones amid efforts to boost their economic cooperation, according to Iranian Minister of Road and Urban Development Rostam Qasemi who traveled to Damascus earlier this week.
Iran’s shipments to Africa has grown to $912 million over the nine months to December 21, according to an official with the country’s Trade Promotion Organization (TPO).
Figures by Iran’s customs office (IRICA) show that pistachio exports from the country declined by around a fifth in the nine months to December 21.
Figures by the Iranian customs office (IRICA) show that non-oil exports from the country rose by 40% year on year in the nine months to December 21.
Iran has started imposing a two-week travel ban from neighbors as the country struggles to prevent a surge in potential infections related to the Omicron variant of the coronavius.
Iran has agreed to import tea from Sri Lanka to settle an old debt owed by the country for imports of oil from Iran.
The first freight train to run from Pakistan to Turkey through Iran has departed after a 10-year hiatus in a major boost to the trading credentials of the three founders of the Economic Cooperation Organization (ECO).
Iranian steelmakers have managed to sell more shipments to foreign customers this year despite increased American pressure on the country’s trade and banking relations with other countries.
Iran Khodro, the biggest automobile producer in the Middle East, has reactivated its assembly line for production of Samand sedans in Senegal, its deputy director for exports and international affairs says.
Iran’s Vice President Mohamamd Mokhber has announced the country’s full preparedness for rolling out coronavirus booster vaccinations amid efforts by the government to prevent a fresh surge in the number of infections.