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IRNA

Iran’s eight-month trade with Russia exceeds $1.7 billion

Iran and Russia have exchanged some 3.74 million tons of commodities worth $1.75 billion in the first Iranian calendar months to November 22, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

Trade

Iran can import grains from Kazakhstan: Minister

Iranian Agriculture Minister Mohammad-Ali Nikbakht has said that Iran can import barley, corn, and soybean from Kazakhstan.

Agriculture and Environment

Iran-Indonesia PTA bill to be discussed in Iranian parliament

Iranian Parliament is scheduled to mull over the approval of a bill regarding an Iran-Indonesia preferential trade agreement.

Trade

Iran’s foreign trade hits $75.5 billion in eight months

Iran has exchanged as much as $75.5 billion worth of goods with different world countries over the eight calendar months to November 21, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

Trade

China imports record high oil from Iran

China has posted a record high in oil sales from Iran, according to a Reuters report.

Energy

Iran’s six-month shrimp exports up 22% YOY

Iran has exported some 13,500 tons worth $60 million of shrimp in the first six months of the Iranian calendar year (March 21 – September 22), according to a person with the knowledge of the matter.

Iran Economy

Official puts Iran’s oil production at 3.4 million bpd

The spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters’ Union says Iran’s oil production has increased to 3.4 million barrels per day (bpd), despite US sanctions aimed at curbing oil exports and the associated revenue to Iran’s government.

Energy

Iran’s Q1-3 steel output hits 22.1 million mt

Iran has produced as much as 22.1 million metric tons (mt) of steel in the first nine months of 2023, showing a 0.6% decline compared to last year’s corresponding period, according to World Steel Association (worldsteel).

Mine and Industry

Iran eyes buying shares of New Development Bank

Iran’s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari has said that Iran is seeking to buy shares of the New Development Bank (NDB) – formerly known as BRICS Bank – which he said would allow Iran to take loans from the bank for exports of techno-engineering services.

Iran Economy

Iran underscores trade with Belarus in national currencies

Iranian First Vice President Mohammad Mokhber has termed using the national currencies in Iran and Belarus trade exchanges as one of the significant tools in strengthening the economies of the two countries.

Trade

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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