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Iraqi Kurdistan Calls for More Economic Ties with Iran

10 June 2019 - 20:16
The Importer and Exporter Union of Iraq’s Northern region of Kurdistan called for wider economic relations with Iranian traders, and asked for an office of Sanandaj Chamber of Commerce to be opened in Erbil, the central city of the Iraqi Autonomous Region.

FM: US Should Stop Economic War against Iran to Deescalate Tensions in Region

10 June 2019 - 20:08
Iranian Foreign Minister Mohammad Javad Zarif blasted the US for imposing tough sanctions against his country, saying that regional tensions will relieve after Washington stops economic warfare against Tehran.

Russia's EU Envoy: EU’s Iran Trade Mechanism Unavailing

10 June 2019 - 00:00
The Instrument in Support of Trade Exchanges, known as INSTEX, a European Union mechanism for financial settlements with Iran, is failing to gain momentum, Russia’s permanent envoy to the EU, Vladimir Chizhov, told Tass news agency on Friday.

96 Million Bank Cards Active in 1 Month

3 June 2019 - 23:06
Out of 340.6 million cards issued by banks more than 96.9 million, including debit cards, credit cards and gift cards, conducted at least one transaction during the first month (March 21-April 20) of the current fiscal year.

Iran's Non-Oil Trade With Colombia Falls

3 June 2019 - 16:16
Iran traded 346 tons of non-oil commodities worth $2.21 million with Colombia during the last Iranian year that ended on March 20 to register a 77.29% and 18.96% decline in tonnage and value respectively compared with the year before, data released by the Islamic Republic of Iran Customs Administration show.

Iran, Turkey Restart Direct Train Services

3 June 2019 - 15:37
Iran and Turkey have finalized an agreement to restart direct train services between Tehran and Ankara and also to run tourist trains, an official announced.

Minister: Afghanistan Top Priority for Exports of Iranian Goods

2 June 2019 - 15:31
Iranian Minister of Industry, Mine and Trade Reza Rahmani underlined the country's intention to increase exports to the neighboring states, specially Afghanistan.

Iran's Trade With Peru Declines

2 June 2019 - 15:17
Iran traded 1,454 tons of non-oil commodities worth $1.62 million with Peru in the last fiscal year (ended March 20, 2019) to register a 54.9% and 52.06% decline in tonnage and value respectively compared with the year before.

Currency Restrictions Unhelpful

2 June 2019 - 15:09
Restrictions on foreign currency trade by authorized exchange bureaus have pushed people towards the black market, chief of the founding board of Association of Bureaux de Change Operators of Iran said.

Russia owns rare earths but mines little. That's changing

2 June 2019 - 14:48
With rare earths in the cross hairs of the U.S.-China trade war, there’s a sharp focus on who else can sell the critical minerals.
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