IRNA

1st cargo route connecting 3 Indian ports to Chabahar opens

A first large container ship that called three Indian ports before making it to Iran has berthed at the country’s strategic Chabahar Port.

Transportation

China says economic ties with Iran "durable, growing"

Beijing has been sticking to the 2015 Iran nuclear deal and has vowed to allow Iran to keep trade in a time when the US unilaterally abandoned the international treaty and reimposed sanctions on Tehran.

Trade

Iran bans foreign product advertisement to bolster domestic economy

Faced by Washingtons punitive measures since Trump Administrations abandoning of the 2015 international nuclear deal, Iran is exploring avenues to enhace its own economy rather than rely on foreing imports.

Mine and Industry

Iran accelerates work at Turkey border crossing to boost trade

Tehran-Ankara have vowed to push their mutual trade level in a bid to boost their regional cooperation.

Transportation

Foreign companies eye Iran crude on Energy Exchange

After Washington unilaterally walked away from the 2015 nuclear deal signed with Iran, Europe, Russia and China, Tehran moved to cushion the consequences of renewed economic sanctions on its vital oil sector.

Energy

Pakistan can offset energy crisis by Iran gas

March 2013 Iran and Pakistan inaugurated the Peace Pipeline that would supply Iranian gas to its neighbouring country. It was supposed to be finished by December 14 and come on stream by January 2015. Five years have past but Islamabad has failed to finish the construction while it´s facing acute energy crisis.

Energy

Resumption of Iran-Pakistan banking ties underway

A Pakistani exporter says that trade between Iran and Pakistan can be enhanced further after resumption of banking ties between the two neighboring states.

Trade

Russia energy giant to start major gas projects in Iran

Russia’s energy giant Gazprom says it is moving closer to an ambitious scheme that envisages the development of several Iranian gas projects, including one that involves a state-of-the art technology to liquefy natural gas for exports to overseas markets.

Energy

Rouhani arrives in China for SCO summit

Iran President Hassan Rouhani arrived in China on Friday afternoon to attend the summit of Shanghai Cooperation Organization (SCO).

Trade

FATF continues suspension of countermeasures against Iran

The Financial Action Task Force in its Friday meeting in Paris has recognized measures taken by Iran in line with addressing its deficiencies and has decided to continue the suspension of active countermeasures until its next meeting.

Financial Markets