Financial Tribune

Iran’s trade with China declines to $11.6 billion in ten months

Iran’s commercial exchanges with its leading trading partner, China, reached $11.62 billion in the first 10 months of 2021, registering a 6.5% decline compared with the corresponding period of 2020.

Trade

Iran tops Afghanistan’s list of exporters

Iran is the biggest exporter to Afghanistan and this year’s exports have reached $1.5 billion, according to Afghanistan’s Chamber of Commerce and Investment statistics.

Trade

Iran, Turkmenistan, Azerbaijan finalize natural gas swap deal

Iran, Turkmenistan and Azerbaijan have concluded a natural gas swap agreement for up to 2 billion cubic meters per year, which will take effect on Dec. 22.

Energy

Iran authorizes COVID-19 booster shot for all adults

Iran’s coronavirus task force has expanded eligibility for booster shots of COVID-19 vaccines to all adults as the country seeks to prevent a fresh surge in the number of infections.

Society Economy

Iran rice imports to exceed 1 million tons this year

A total of 660,000 tons of imported rice were cleared from customs since the beginning of the current Iranian year on March 21 until Nov. 13, says an Agriculture Ministry official.

Trade

Iran’s Q1-3 trade with EU rises to €3.3 billion

Iran and the 27 member states of the European Union traded €3.34 billion worth of goods during the first nine months of 2021, registering a 1.91% growth compared with last year’s corresponding period.

Trade

NIDC drills 46 wells nationwide

The National Iranian Drilling Company has drilled 46 oil and gas wells in the onshore and offshore oil-rich regions of the country in the current Iranian year’s first eight months (March 21-Nov. 21), a deputy manager at the company said.

Energy

Iran maintains position as world’s 10th biggest steel manufacturer

Latest data released by the World Steel Association show Iran’s steel output has declined, yet the country’s world standing remains unchanged.

Mine and Industry

Iran government urged to normalize trade tariffs with Brazil

Iran annually imports $5 billion worth of essential goods from Brazil with a customs duty of up to 4% while the Islamic Republic’s exports to the South American country is less than $100 million per year, says the head of Iran-Brazil Chamber of Commerce.

Trade

Iran’s rice imports up 24% to 665k tons

Iran imported a total of 665,000 tons of rice during the current Iranian year’s first eight months (March 21-Nov. 21), showing a 24% rise compared with the similar period of last year, according to the director general of Distribution and Sales Coordination Bureau with the Government Trading Corporation.

Agriculture and Environment