Tag Archives: Mehr News Agency

Iranian Energy Minister Reza Ardakanian says a new trade deal between Iran and the Eurasian Economic Union (EAEU) will contribute to boosting the country’s non-oil exports.

Iranian Minister of Energy Reza Ardakanian as the head of Iran-Russia joint economic cooperation commission is to depart Tehran for Moscow on Sunday evening.

Acting Head of Trade Promotion Organization of Iran (TPOI) Hamid Zadboum said that Preferential Trade Agreement (PTA) between Islamic Republic of Iran and Eurasian Economic Union (EAEU) will be implemented in Nov. 2019.

A score of Emirati companies are attending Damascus International Trade Fair. months after it reopened its embassy in the Syrian capital.

The latest statistics of the Islamic Republic of Iran Customs Administration (IRICA) showed that Iran’s foreign trade volume in the first five months of the current Iranian calendar year (March 21 – August 21) has reached $35.539 billion.

CEO of the Petrochemical Research and Technology Company (PRTC) says Iranian petrochemical companies are keen on consuming local catalysts for their operations to cut expenses.

An official with the National Iranian Oil Company (NIOC) said that the development project of South Pars Phase 11 would commence this Iranian calendar year (ending on March 20).

Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati says the country’s economy is more stable now compared to last year as inflation rate loses momentum.

Iran will reportedly open a branch of its Bank Pasargad in India in the next 2-3 months to help boost trade between the two nations to bypass the US unilateral economic sanctions which have blocked international banking channels.

According to the data released by IRICA. the value of trade between Iran and Oman has increased to $870 million during the first seven months of this year from $557 million in the same period of time in the past year.