Energy Economy

The National Iranian Copper Industry Company (NICICO) announced that it has registered a higher demand than current supply and output levels in the country.

The value of trades at Iran Energy Exchange (IRENEX) has reached 330 trillion rials since the beginning of the current Iranian calendar year.

Iran’s Southeastern province of Sistan and Baluchistan has exported $772.959.515 worth of non-oil products in the first 9 months of the current local calendar year.

the One Belt. One Road initiative of Chinese President Xi Jinping has positively contributed and bolstered bilateral ties between Tehran and Beijing.

An important rail passage between Iran and Afghanistan will be ready in the next 100 days as construction of a key cross-border line is nearing completion.

Chairman of the Iranian Parliament’s security commission said the evaluation of the two remaining FATF-related bills. namely the Palermo and CFT. has not been pushed off agenda of the Expediency Council.

The Director General of Ports and Maritime Organization revealed the signing and sealing of a cooperation agreement between Iran and Oman in the field of cargo and passenger maritime transport with low tariff rates.

Iranian ambassador to Moscow Kazem Jalali and Russian President Vladimir Putin'.s special envoy Zamir Kabulov met and held talks on expansion of economic cooperation.

The plant’s polypropylene output was 13% higher year on year during the period.

An Iranian official said an accord between Tehran and the Eurasian Economic Union (EAEU) countries will turn into a free trade agreement within the next two or three years.