Iran’s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari has said that Iran has reached good railway agreements with Central Asian countries during the current administration.
The Ministry of Transport of Kazakhstan announced that Iran, Russia, Kazakhstan and Turkmenistan signed the development roadmap of the eastern route of the International North-South Transport Corridor (INSTC) for 2024-2025.
A group of economic activists from Russia visited Amirabad Port, Mazandaran province, on Saturday to invest in the production of oil derivatives.
The latest figures by the Statistical Center of Iran (SCI) puts the country’s jobless rate at 7.7% in three calendar months months to late June.
Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin has said that a monetary contract has been signed between Tehran and Moscow for carrying out bilateral trade exchanges.
Iran has risen to become the fourth largest oil exporter within the Organization of the Petroleum Exporting Countries (OPEC) due to a surge in oil production and sales.
A report by the statistical office of the European Union (Eurostat) suggests that Turkey has imported oil from Iran for the first time in four years.
Iran has purchased some 5.6 million tons of wheat worth over $1.647 billion from domestic producers since April in carrying out a national plan which guarantees the purchase of domestic production of the crop, according to a senior official with the Ministry of Agricultural Jihad (MAJ).
Russia has for the first time sent two trains laden with coal to India via the International North-South Transport Corridor (INSTC), which connects Russia to India via Iran, according to a statement by Russia’s national railway company.
The United Nations Food and Agriculture Organization (FAO) has forecasted a further increase in Iran’s grain output this year amid efforts by the government in the country to rely more on domestic farming rather than imports for basic needs of the country.