ICCIMA, Confederation of Indian Industry pledge further economic cooperation

The Memorandum of Understanding paves the way to boost Iran-India trade relations as Tehrna is looking more eastward following the US withdrawal from the 2015 international nuclear deal and restoration of economic sanctions.

Iran exports to Iraq worth $11bn annually

Iran has been dominating the market in Iraq as the Baghdad moves forward to rebuild the Arab country. Commodities and energy top Iraqi annual imports.

Iran private sector eyeballs trade boost in India visit

Iranian oil for India is still crucial as is New Delhi investment in Chabahar Port that adds a further leverage to the countrys regional influence, linking it to Central Asia and Europe. These are will top Iran FM Zarifs agenda in India visit where he is accompanies by a large business delegation.

Iran private sector gauges damaged Syria infrastructure investment

Days after Syrian Economy and Foreign Trade Minister, Mohammad Samer al-Khalil, held high-level talks with Iranian public and private sectors to boost Tehran investment in post-war country, an Iranian private sector delegation is in Syria to evaluate business.

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Syrian minister calls on Iranian firms to invest in rebuilding country

Economy and Foreign Trade Minister of Syria, Mohammed Samer al-Khalil, says there are huge opportunities for Iranian companies to rebuild the war-torn country. Damascus priority is to reconstruct the destroyed infrastructure.

With financial channels stifled, Iranian citizens pay sanctions price

The US unilaterally walked out of the Iran nuclear deal and reimposed sanctions that target the oil and banking sectors. Washington says humanitarian goods, such as food, are exempt from the measures. But, the situation on the ground shows the otherwise. Ordinary Iranians are being affected the most.

Iran hits trade surplus of $738m

A latest report by Iran’s Customs Administration shows how a drop in imports helped increase the country’s trade surplus in a 9-month period (April-December).

Syria economy minister says “doors open” to Iranian firms

With government forces taking back large swathes of Syria from terrorists, Iran, that shore up the government in Damascus during the seven years of war, is keen to enter the country’s multibillion-dollar reconstruction market.

Iran’s Golestan province exports hit $200m in 9 months

The province is located on the southern shores of the Caspean Sea and shares border with Turkmenistan, one of the main markets for the Iranian goods.

Iran private sector urges Tehran-Ankara barter trade

Iran Chamber of Commerce President has urged Tehran and Ankara to set up barter trade to further expand bilateral economic relations.