Press TV

Iran’s non-oil exports in 4 months show 21% year-on-year rise: VP

Irans non-oil exports during the first four months of the current Iranian calendar year (started on March 20) showed a 21 percent increase in comparison with similar period the previous year.

Macro Economy

Iran, South Korea to trade in euros

South Korean companies will soon be able to settle their accounts with their Iranian counterparts in euros.

Trade

Japan to fund Iran’s purchase of MRJs

Iran says Japan has agreed to fund a plan to purchase passenger planes from its industrial giant Mitsubishi Heavy Industries.

Transportation

WB says $30bn of Iran’s assets unfrozen

The World Bank says a landmark nuclear deal that Iran signed with the P5+1 last year has already enabled the country to gain access to as much as $30 billion of its assets that had been frozen as a result of the sanctions.

Financial Markets

US-made aircraft allowed to fly to Iran

The US has taken another minuscule step toward easing trade restrictions against Iran, allowing international companies to fly American-made aircraft to the Middle Eastern country.

Transportation

Iran wants customs hurdles with Russia lifted

Iran has called for joint efforts with Russia to remove the “customs hurdles” which it says are obstructing the expansion of trade between the two countries.

Trade

China to invest $3bn in Iran’s fish farming

China has joined South Korea to announce that it is planning to invest $3 billion in Iran’s fisheries.

Agriculture and Environment

Iran self-sufficient in wheat for 2nd year

Iran expects its state-sponsored purchases of wheat from domestic farmers to surpass 10 million tonnes this year, Agriculture Minister Mahmoud Hojjati says.

Agriculture and Environment

Irans Aseman to get Mitsubishi planes

Iran says one of its airlines is planning to buy over two dozen planes from Japan’s industrial giant Mitsubishi thus confirming earlier reports that a deal to the same effect is in the pipeline.

Transportation

Iran planning return to debt markets

Iran says it is planning a return to the international debt markets in an effort which could help it rebuild public finances that have been battered by a plunge in oil prices.

Financial Markets