Tag Archives: Iran

Iran has ended cooperation with the Chinese CNPC company after lagging in completion of the development of the phase 11 of South Pars oil and gas field. Oil Minister Bijan Namdar Zanganeh announced.

Iranian Ambassador to Kabul Bahador Aminian said that his country’s exports to Afghanistan are 3 times more than what it sends to 28 member states of the European Union. highlighting that trade with Afghanistan is of high value to Tehran.

According to Customs reports. China with 24.37% share of total imports in six months is Iran’s major importer of non-oil goods from March to September.

Minister of Industry. Mine and Trade Reza Rahmani said that country’s imports volume will decrease $10 billion by 2021.

The diversity of petrochemicals produced in Iran is expected to be enhanced by 2025 as the country is planning to realize the sector’s second and third leaps by 2025.

Azerbaijani Economy Minister Shahin Mustafayev said on Saturday that Baku. Moscow and Tehran are preparing to create a North-South energy corridor.

Iran and Turkmenistan signed a number of memoranda of understanding (MoUs) to expand their collaboration in the field of economy and trade.

Italian Ambassador to Iran Giuseppe Perrone voiced his country’s willingness to develop mutual cooperation with Iran in different fields. specially in economic and trade areas.

Iranian Industrial Management Institute. Chabahar International University and Chabahar specialized University of Navy and Marine Sciences signed an agreement with German FHM University to share know-how in the field of sustainable mobility management.

Iran'.s giant car-maker Iran Khodro manufactured a home-made engine named EC5 which can reduce fuel consumption in Peugeot 301 passenger cars.