In modern economics. crude selling of products is regarded as a basic and fundamental weakness.
Read More »Iran. Turkey Investigating Trade Via National Currencies
CBI) said that during the meeting held between Presidents of Iran and Turkey on the same day in Ankara. the two sides focused on expansion of trade and banking ties besides doing monetary transactions via Rial or Lira.
Read More »Iran. Russia Launch SWIFT-Free Banking Ties
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced Monday the establishment of banking relations between Iran and Russia independent from SWIFT payment system.
Read More »EU Invests €46m to Modernise Electricity System in Czechia
The project is expected to be completed in November 2023.
Read More »Iran. Turkey to Further Discuss National Currency Use in Bilateral Trade
Iranian and Turkish banks are working on a plan to establish a financial channel between the two countries based on national currencies. in a bid to evade US sanctions against Tehran.
Read More »Iran’s Monthly Steel Exports Up by %37
The Iranian Mines and Mining Industries Development and Renovation announced that the country exported 633.050 tons of steel in the last local calendar month which shows a 37% jump in comparison with figures from corresponding period in the last year.
Read More »Iran Enjoying $1bln Foreign Trade Surplus
Iran has posted a more-than-$1-billion foreign trade surplus for the 1-year period ending August 20. according to the data released by the country’s Customs Administration (IRICA).
Read More »IEA Says Markets Well Supplied with Ample Commercial Stocks
Abqaiq. in the kingdom’s eastern province. is the world’s largest oil processing facility.
Read More »Top Economic Council Extends CBI Authorities to Manage Foreign Currencies Market
The Supreme Council of Economic Coordination Sat. decided to extend the authorities of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the market.
Read More »Iran to Attend at 46th Baghdad International Fair
Iranian firms are set to take part at the 46th International trade exhibition which will be held in Iraqi capital Baghdad early November.
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