Press TV

Saudi trade delegation due in Iran in coming days

A high-ranking trade delegation from Saudi Arabia will visit Iran in the upcoming days to tour a major economic exhibition in the country, according to a senior Iranian official, Press TV reported.

Trade

Iran’s industry minister dismissed by parliament

Members of the Iranian parliament have dismissed the country’s industry minister because of his failure to control rising prices of manufactured products.

Mine and Industry

Iran identifies 12.3 million business bank accounts in campaign against tax evasion

The Central Bank of Iran (CBI) has identified some 12.3 million bank accounts held by individuals and companies in the country as having links to businesses amid its efforts to prevent tax evasion and money laundering.

Macro Economy

CBI report puts Iran’s 11-month foreign debt 25.7% down YOY

Central Bank of Iran (CBI) figures show that foreign debt owed by the country dropped by more than a fourth in the 11 months to late February.

Macro Economy

Iran’s exports to Turkey up 23% in fiscal 2022-23

Iranian exports to Turkey jumped by nearly a fourth in the year to late March, according to a senior official in the country’s Trade Promotion Organization (TPO).

Trade

Russian economic delegation due in Tehran in mid-May

A high-ranking Russian delegation will travel to Iran next month to hold talks on expansion of bilateral ties on issues ranging from oil and gas to transportation.

Iran Economy

Iran seeks more Russian, Indian funding for transport projects

A senior Iranian government official says the country may tap more funding from Russia and India for transport projects that could facilitate international cargo transit through the Iranian territory.

Transportation

Iran’s annual tea imports hit record $665 million

Iran’s annual tea imports hit an all-time record in the calendar year to late March, according to figures by the country’s customs administration (IRICA).

Agriculture and Environment

Iran’s exports to Iraq hit new record

A senior official in Iran’s Trade Promotion Organization (TPO) says Iranian exports to Iraq hit a new record in the calendar year to late march.

Trade

Iran’s renewables output nearly doubled MOM

The Iranian Energy Ministry says electricity generation from renewable sources nearly doubled in March compared to February.

Energy