Browsing Category
LATEST NEWS
BRICS Expansion Will Strengthen OPEC+, Provide More Leverage: US Economist
The recently-announced BRICS expansion will strengthen the Organization of the Petroleum Exporting Countries Plus (OPEC+) and give BRICS nations more leverage in negotiations on the global stage, a US economist said on Friday.
"The BRICS…
OPEC Oil Output Rises in August as Iran Hits 2018 High: Report
OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday, despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.
The Organization…
Inauguration of SP Phases 11, 14 Outcome of Reliance on Iranian Experts: NIGC Chief
The inauguration of phases 11 and 14 of the South Pars gas field, promotion of energy diplomacy, and increase in gas and condensate exports despite the sanctions are indicative of the Oil Ministry’s reliance on Iranian experts and managers’…
Islamabad-Tehran-Istanbul Transport Corridor ‘Giant Leap in Boosting Regional Trade’
The chairman of the Pakistan-China Joint Chamber of Commerce & Industry (PCJCCI) said the Pakistan-Iran-Turkey Road Transport Corridor is a giant leap in regional trade.
China and Pakistan Economic Corridor (CPEC) and Belt and Road…
Iran World’s 8th Largest Steel Producer in H1 2023
Iran became the eighth largest steel supplier in the world in the first half of 2023 as the country kept increasing its output despite supply and price hike in international markets caused by the Ukraine War.
Figures from the World Steel…
Iran-China Trade Exchanges Exceed $8.5 Billion in 7 Months
The trade exchanges between Iran and China in the first seven months of the current year reached $8.540 billion, with China’s export of products to Iran accounting for $6 billion of it.
Iran and China exchanged $8.540 billion worth of…
Iran Exports €48 Million Pistachio to Europe in H1 of 2023
The Statistical Office of the European Union (Eurostat) said Iran exported €48 million worth of pistachio to the European Union in the first six months of 2023 (January-June), showing a 39 percent decline compared to same period of last…
Iran, Uzbekistan to Broaden Cooperation in Agricultural Sector
Iran and Uzbekistan will expand their technical and scientific cooperation in the agricultural sector.
Head of Iran's Agricultural Research, Education and Extension Organization (AREEO) Seyed Mojtaba Khayyam Nekouei in his meeting with the…
Talks Underway between Iran, Armenia to Adjust Transit Fees
Talks are ongoing between Tehran and Yerevan on adjusting customs tariffs for t entry of transit trucks and streamlining customs activities electronically at the border with Armenia, an official said.
Speaking at a meeting on Friday with…
Iran’s Trade Value Doubles: CBI Deputy Governor
The value of Iran’s trade reached $173 billion in the last Persian calendar year, increasing twofold compared to a year earlier, the deputy governor of the Central Bank of Iran (CBI) for Economic Affairs said on Wednesday.
Iran’s economic…