Energy Economy

It supports the country’s ambition to develop a total of up to 5GW of solar power by 2030.

This agreement includes 862 products. with 360 related to Eurasian Economic Union (EAEU) and 502 to Iran.

The US maximum pressure campaign against Iran has failed citing an IMF'.s projection that Iran'.s economy will rebound despite the sanctions.

Mohajeri noted that besides the flourishing ties in the fields of energy. medicine. science and culture. the two neighbors have been trying to increase their technological cooperation.

A senior official underlined a surge in Iran'.s steel production. saying that the alloy'.s output will hit 28mln tons at the end of the current Iranian year (March 19).

Major Iranian steelmakers exported over 5.8 million tons of steel during the past 6 month. latest data released by Iran’s Steel Association showed.

Chief Executive of Iran Railways Saeed Rasouli announced on Friday that the Islamic Republic will cooperate in launching a Chinese corridor to Europe.

Iran’s non-oil exports have witnessed a 22.5% increase in terms of weight in the first half of the current local calendar year (March 21-August 21) compared with the corresponding period in the last year.

Iran’s non-membership in many regional and international unions has adversely affected the export of agricultural products.

Commercial Director of Chabahar Free Zone Ali Rajabi said that a warehouse. as large as 20 ha. is under construction in Chabahar port.