Tag Archives: Trade

Tehran and Moscow are in talks over plans to establish a ferry service across the Caspian Sea that would link Iran with Russia’s Dagestan.

The full transfer is expected to take place before the end of the year.

A slowdown of the global economy is dampening oil demand.

Iranian Vice-President and Head of the Management and Planning Organization Mohammad Baqer Nobakht announced that the government will put into operation a 132 kilometer rail route in the Northeastern province of East Azerbaijan within the next 2 months.

Iran’s Road and Urban Development Minister Mohammad Eslami said on Friday that currently his country is conduit to 30 million tons of goods transported between the Far East and Europe. adding that Tehran aims to increase its share to 100 million tons.

Russian exports to India jumped fivefold to 3 million tons in the year ending March 2018.

The company has around 7.500 domestic and less than 500 business customers.

Markets have been pummeled in recent weeks amid tough talk from Trump on trade.

New statistics show that Iran has exported about 20% more steel this year. while it has cut down its imports of the item by 208%.

Iranian First Vice-President Eshaq Jahangiri. in a meeting with Kazakhstan’s Prime Minister Askar Mamin. said that his country is willing to broaden bilateral relations with the Central Asian country in areas of banking. tourism. and finance.