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Financial Tribune

Iran, China non-oil trade tops $22 billion

Islamic Republic of Iran Customs Administrations latest report shows China remains Iran’s top trading partner.

Trade

Iran, Russia discuss boosting economic ties

Iran has proposed conducting a project with Russian Railways to electrify a 3,000-kilometer railroad that might cost up to €3 billion ($3.7 billion), the company’s First Deputy CEO Alexander Misharin said on Monday.

Iran Chamber

Iran non-oil exports stand at $47 billion

Non-oil exports from Iran stood at around $47 billion in the last Iranian year (ended March 20) while imports hovered around $54 billion, showing a $7 billion trade deficit for the country, the head of Trade Promotion Organization said.

Trade

Iran to invest in Afghanistan iron ore mine

Iran wants to invest in Sangan iron ore mine of Herat Province, located in border areas between Afghanistan and Iran, Afghan media reported.

Mine and Industry

Base metals top list of investment attraction in Iran

The Ministry of Industries, Mining and Trade has released a report, listing top Iranian industries in attracting investments.

Mine and Industry

Iran private sector’s proposals for enhancing business climate

Members of the Board of Representatives at Iran Chamber of Commerce, Industries, Mines and Trade convened for their last meeting of the current fiscal year (ending March 20) during which they discussed the proposal to improve the countrys business climate.

Iran Chamber

ICCIMA delegation to accompany Zarif to Pakistan

A delegation of Iran Chamber of Commerce, Industries, Mines and Agriculture will accompany Foreign Minister Mohammad Javad Zarif in a visit to Pakistan from March 11 to 14.

Iran Chamber

No US license needed to buy Sukhoi Superjet-100: Iranian official

Secretary of Association of Iranian Airlines Maqsoud Asadi Samani said Sukhoi has made the latest modifications to Superjet-100, and has overcome the limitations to sales to Iran, as less than 10 percent of the aircrafts components are American-made.

Transportation

Central Bank of Iran to issue Forex bonds for the first time

The Central Bank of Iran has announced a plan to issue foreign currency bonds for the first time to provide those interested in forex investment with more mainstream instruments.

Financial Markets

$12.3b of Foreign Finance for Iran Electricity Industry

Foreign investors have finalized $12.3 billion worth of contracts in Iran’s power sector, the energy minister said in an interview with the state television on Sunday.

Energy

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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