Press TV

Iran to export hand-woven carpet to US directly

Iran says it will start direct exports of its traditional hand-woven carpets to the United States from early 2017.

Trade

Oman, South Korea, India to open bank branches in Iran

Iran says three foreign banks are in the process of opening branches in Iran.

Financial Markets

Iran’s exports of medicinal herbs at $300mn

Iran says it has exported above $300 million worth of medicinal herbs since January.

Agriculture and Environment

Iran, China seal New Silk Road deal

Iran says it has finalized a cooperation agreement with China that would allow Chinese traders to use the Iranian territory for exports to Europe.

Trade

Iran criticizes US for blocking trade ties

Iran has refreshed criticisms against the US for failing to facilitate international trade with the country as required by a nuclear deal sealed last year.

Financial Markets

Iran’s carpet exports to US at $50m after lifting sanctions

Iran says its exports of hand-woven carpets to the United States have reached around $50 million since the removal of sanctions in January.

Trade

Iran says imports from Germany up 25%

Figures released by the Customs Administration of Iran show that the country’s exports from Germany have increased by 25 percent.

Trade

Iran signs deals with Hermes, Swiss Export Risk Insurance

Iran has signed initial agreements with Germany’s Hermes insurance firm and Swiss Export Risk Insurance (SERV) to provide cover for transactions with Europe.

Trade

Germany to join North-South Transport Corridor

New indications show the world’s biggest exporter may join an ambitious project to develop a new multimodal transit corridor that connects northern Europe to India. The purpose: getting connected to Iran.

Transportation

UK lifts sanctions on key Iranian bank

The British government has announced that it has removed Bank Saderat Iran (BSI) from its list of sanctioned entities.

Financial Markets