Venezuela and Iran agree to increase economic cooperation, signing agreements between the two countries’ central banks and announcing a new dynamic era in bilateral relations.
Fresh indications show a main barrier for trade between Iran and South Korea will be removed soon.
Iran says its foreign trade income has surpassed $35.817 billion during the first five months of the current Iranian calendar year (started March 20).
Foreign Minister Mohammad Javad Zarif says Iran is interested in a massive project to build a canal across Nicaragua which will link the Pacific and Atlantic oceans.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has met with President Hassan Rouhani and the members of his administration on the occasion of the Government Week, saying that economic problems are country’s foremost priority.
Cuba says US sanctions on the Latin American country and Iran have opened a common ground for the two countries to forge special trade ties.
Iran says its trade surplus exceeded $3.4 billion over a period of four months starting March 21, 2016 in what is seen as the country’s best post-sanctions trade performance.
Iran says it welcomes China’s investments in its non-oil projects, stressing that it stands ready to have an active participation in the Silk Road Initiative pursued by Beijing.
Iran says it has signed two memorandums of understanding (MoUs) with two major Chinese banks to provide loans for its key development projects.
Iran says it has been offered a major export credit line by Norway worth €1 billion in what could be a fresh indication of Oslo’s determination to expand relations with the Islamic Republic in post-sanctions era.