Tag Archives: Trade

The oil market is caught in a bind and does not know which way to go or trend.

The Iranian special trade mechanism set up to reciprocate the European Instrument in Support of Trade Exchange. blasted Europe for procrastinating in introduction of a bank to Iran to put the INSTEX into effect.

Indian Ambassador to Tehran Gaddam Dharmendra said that Iran’s Southeastern port city of Chabahar is of prime importance to New Delhi. adding that the two countries increase their trade in the last year by 30%.

Iraqi ambassador to Iran Sa’ad Jawad Qandil told a trade conference in Tehran that Baghdad is in dire need of economic and technical helps by the Islamic Republic.

Iran has exported $ 2.5 billion worth of goods to Iraq in the past 100 days which indicates a 20% spike compared with the corresponding period in the last year.

Iran could continue enrichment to the levels that it needs for fueling its power plants.

Iran and Pakistan signed a memorandum of understanding (MoU) to promote bilateral trade and increase investment between the two countries.

Iranian Minister of Industry. Mine and Trade Reza Rahmani said. after a visit to Pakistan. that Islamabad is enthusiastic about developing economic. bilateral. and commercial ties with Tehran.

Deputy Head of Ghana Trade and Development Organization Samuel Denetto said that his country imported $46 million worth of goods from Iran. and exported $52 million worth of agricultural products to the Islamic Republic in the same period.

Officials from Iran. Iraq and Syria signed an agreement to further increase the joint projects of the trio for developing trilateral transportation infrastructures.