Energy Economy

The volume of trade between Iran and Syria in the first 5 months of the current local calendar year has increased by 25% in comparison with the corresponding period in the last year. an official said.

Syrian Ambassador to Tehran Adnan Hassan Mahmoud said on Tuesday that his country is enthusiastic to hand its economic projects to the Iranian private sector.

CEO of Iran’s Special Trade and Finance Instrument (STFI). Iranian counterpart to INSTEX. announced on Monday that a European bank has been appointed for carrying out financial transactions of INSTEX. while the second bank is to be selected. soon.

Around thirty companies from home and abroad are competing for investment opportunities in Shahid Beheshti Port in the Southeastern Iranian coastal city of Chabahar. Director General of Sistan and Baluchestan Ports and Maritime Organization Behrouz Aqaye.

The volume of trade between Iran and Slovakia has witnessed a significant increase this year. totally unaffected by the US unilateral sanctions against Tehran. Chairman of the Iran-Slovakia Joint Trade Committee Jabbar Kianipour said.

Iran has taken wide strides in science and technology. particularly in medical and medicinal fields. in recent years.

A $430 million deal will be signed and finalized today to allow the construction of the largest automated port terminal in the Persian Gulf and the Sea of Oman for handling mining products and metals. Deputy Head of the Port and Maritime Organization.

SCI announced that figures from the last month of the local calendar show that point-to-point inflation rate has decreased by 6.6 percent in comparison with a month earlier. signaling that the country is doing well in the face of the US sanctions.

Governor of the Central Bank of Iran Abdolnasser Hemmati underlined ineffectiveness of the US sanctions against the country. specially the new embargos against the CBI.

Iran has exported some $3.9 billion worth of goods and services to neighboring Iraq in the first five months of the current Iranian year which started on March 21. which marks a 13% increase. an official said.