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Press TV

China supports step-by-step US return to JCPOA

China has called for an “unconditional” US return to the 2015 Iran nuclear agreement and removal of the sanctions it restored against the Islamic Republic after unilaterally abandoning the UN-endorsed agreement.

Macro Economy

Zarif calls for reopening of Iran-Nakhchivan-Armenia route

Iran’s foreign minister has called for the reopening of transit routes closed by the Karabakh conflict, especially the one linking Iran’s Jolfa to Armenia through the Autonomous Republic of Nakhchivan.

Transportation

Iran’s chief banker in Oman to discuss broader banking, trade ties

Central Bank of Iran (CBI) governor Abdolnasser Hemmati has travelled to Oman to discuss deeper economic ties with Persian Gulf sultanate.

Trade

Iran, Turkey sign accords for Pakistan, China railway link

Iran and Turkey have signed three documents to expand transnational rail services linking them to Pakistan, Afghanistan and China, an official says.

Transportation

Iran’s steel exports in December up 35% yoy

Iran exported 35 percent more of its steel products in the calendar month to late December compared to the similar month in 2019, shows a report, as the country’s trade of lucrative metals starts rebounding after months of reduced activity because of the pandemic.

Trade

OPEC+ output boost insignificant: Zanganeh

Iranian Oil Minister Bijan Namdar Zanganeh says a Tuesday decision by an international grouping of oil producers known as OPEC+ to slightly narrow supply cuts agreed for January would not have a significant impact on global prices.

Energy

Iran spent $15.5m on masks imports in 8 months

Iran spent $15.5 million on imports of various types of face masks to control the spread of the coronavirus in the 8 months to late November before becoming a net exporter of the protective item in later months of 2020, shows a report.

Society Economy

Iran to quarantine travelers from UK

Iran has ordered quarantine measures affecting travelers who arrived from the United Kingdom over the past two weeks amid reports that a new variant of the coronavirus has been circulating in the European country.

Transportation

Iran starts drilling work at South Pars largest phase

Iranian domestic energy companies have started drilling for natural gas at a major gas field in the Persian Gulf where operations had stalled indefinitely two years ago after foreign energy giants left the filed under US pressure.

Energy

Iran to add 5,000 new buses to its urban transportation systems

The Iranian government has approved funds needed to supply 5,000 new buses to urban transportation systems across the country to help ease congestion and crowding in cities that are believed to fuel the spread of the coronavoirus pandemic.

Transportation

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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