IRNA

Iran’s agricultural exports up $1 billion in one year

Iran has produced $1 billion more agricultural products over the past calendar year to late March than that produced a year earlier, according to Minister of Agriculture Mohammad-Ali Nikbakht.

Agriculture and Environment

Russia welcomes Iran’s request to join Eurasian Economic Union

Russia’s Deputy Prime Minister Alexey Overchuk says Moscow would welcome Iran joining the Eurasian Economic Union (EAEU) as an observer member, which he said could happen by the end of 2024.

Trade

Iran-Turkey trade hits $1.75 billion in four months

Iran and Turkey have exchanged as much as $1.75 billion worth of goods in the first four months of 2024, according to a report by the Turkish Statistical Institute (TurkStat).

Trade

Iran’s agrifood exports at $684 million in two months to late May

Iran exported 1,562,000 tons of agricultural products worth $684 million from March 21 to May 20, 2024, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Agriculture and Environment

Iran imports over 1.3 million cellphones in two months

The Islamic Republic of Iran Customs Administration (IRICA) says more than 1.3 million cellphones worth over $340 million were imported to the country in the first two months of the Iranian calendar year starting on March 20.

Trade

Iran’s Q1 pistachio exports to EU up 17% YOY

The statistical office of the European Union (Eurostat) has announced that in the first quarter of the current year, Iran’s pistachio exports to the member states of the European Union increased by 17% compared to the same period last year, reaching €34 million.

Agriculture and Environment

Iran annual inflation at lowest rate in three years

The latest official figures show that Iran’s annual inflation rate has reached 37%, which is the lowest rate in the past three years.

Macro Economy

Iran’s stock market halts activities over Pres. Raisi’s martyrdom

Iran’s Securities and Exchange Organization (SEO) has halted its activities over the martyrdom of President Ebrahim Raisi and his accompanying team in a helicopter crash in northwest of the country.

Financial Markets

Iran oil output reaches 3.3 million bpd in April: IEA

The International Energy Agency (IEA) declared a 50,000 barrel per day jump in Iran’s daily oil production in the fourth month of the current year, reaching 3.3 million barrels per day.

Energy

India adheres to commitments to develop Chabahar port: Envoy

New Delhi lives up to its obligations to develop the Iranian port of Chabahar, the Indian Ambassador to Iran Rudra Gaurav Shresth says.

Transportation