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Financial Tribune

Iran registers above $33 billion of trade with neighbor in 8 months

Iran traded 45.28 million tons of goods worth $33.71 billion, excluding crude oil exports, with the 15 neighboring countries sharing land or sea borders, during the first eight months of the current Iranian year (March 21-Nov. 21).

Trade

Iran’s trade with Iraq exceeds $4.1 billion in eight months

Iran and Iraq traded 11.62 million tons of goods worth $4.14 billion during the first eight months of the current Iranian year (March 21-Nov. 21), according to the spokesperson of the Islamic Republic of Iran Customs Administration.

Trade

Last phase of South Pars Gas Field to start production soon

The development of the giant South Pars Gas Field’s Phase 11 is underway and the phase will soon become operational, managing director of the National Iranian Oil Company said.

Energy

Iran rises gas exports to Iraq with settlement of debts

Iran is pumping more oil to Iraq, Iran’s oil minister said with reference to the settlement of Baghdad’s all payments related to purchases from the National Iranian Gas Company.

Energy

Iran’s seven-month trade with OIC states hits $30 billion

Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 46.64 million tons worth $30 billion during the first seven months of the current fiscal year (March 21-Oct. 22).

Trade

Iran, Eurasian Economic Union to finalize FTA deal soon

L egalities for the creation of a free trade zone between Iran and the Eurasian Economic Union are expected to be finalized within a month, Iranian Deputy Industries Minister Alireza Peymanpak, who is also the head of Iran’s Trade Promotion Organization, said on Wednesday.

Trade

Iran’s trade with African states up $990 million in seven months

Trade between Iran and African countries reached 1.89 million tons worth $992.77 million during the first seven months of the current Iranian year (March 21-Oct. 22).

Trade

Central Bank puts Iran’s foreign debt at $6.9 billion

Foreign debt was $6.90 billion by the end of the sixth calendar month to September 22, the Central Bank of Iran said Monday almost 20% lower on the last fiscal year that ended in March.

Macro Economy

Iran’s 10-month trade with China tops $13 billion

Iran’s commercial exchanges with its leading trade partner, China, reached $13.34 billion during the first 10 months of 2022, registering a 14.8% rise compared with the corresponding period of the year before.

Trade

Iran’s seven-month aluminum ingot output grows 41%

Iranian aluminum mills have registered a 41% rise in output during the current Iranian year’s first seven months (March 21-Oct. 22) compared with the same period of last fiscal year, official report says.

Mine and Industry

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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