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Iran, South Korea to Discuss Frozen Assets

EghtesadOnline: South Korea and Iran plan to hold working-level consultations next month in Seoul to discuss ways to untangle yearslong disputes over Tehran's assets frozen here under US sanctions, an informed source said Saturday, Yonhap reported.
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Publish Date: 30/January/2022 | 15:42

Iran's Q1-3 Trade With SCO Tops $24b

EghtesadOnline: Iran’s trade with the Shanghai Cooperation Organization member states stood at 36.85 million tons worth $24.47 billion during the current fiscal year’s first nine months (March 21-Dec. 21), latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 23/January/2022 | 16:09

Iran's Trade With Russia Rises to $1.6b

EghtesadOnline: Iran’s trade with Russia stood at 3.5 million tons worth $1.66 billion in the current fiscal year’s first nine months (March 21-Dec. 21), registering a 12% and 41% year-on-year growth in weight and value respectively, according to Rouhollah Latifi, spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date: 22/January/2022 | 14:22

Heavy Snowfalls Hit Iran

EghtesadOnline: Some of the heaviest snowfalls in years have caused severe transport disruptions in Iran over the past week, forcing the cancelation of flights and closure of roads.
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Publish Date: 19/January/2022 | 17:50

Iran's Trade With Caspian States Exceeds $2.5b in 9 Months

EghtesadOnline: Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 5.72 million tons worth $2.51 billion during the current fiscal year’s first nine months (March 21-Dec. 21), according to new data released by the Islamic Republic of Iran Customs Administration.
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Publish Date: 18/January/2022 | 15:21

Iran Running Out of Strategic Underground Water Reserves

EghtesadOnline: Iran held 500 billion cubic meters of strategic underground water reserves or fossil water, of which 100 bcm were consumed between 2010 and 2021, a water expert said.
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Publish Date: 17/January/2022 | 15:39

Iran's Q1-3 Exports to Africa Triple

EghtesadOnline: Iran’s exports to African countries reached $912 million in the first nine months of the current fiscal year (March 21-Dec. 21), registering a 199% year-on-year growth ($600 million) in terms of value, according to the director general of Trade Promotion Organization of Iran's Arab and African Countries Affairs Department.
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Publish Date: 17/January/2022 | 14:53

Iran's Q3 Trade Up 25% YOY to $27 Billion

EghtesadOnline: Iran’s foreign trade, excluding crude oil exports, reached 43.32 million tons worth $27.16 billion in the third quarter of the current fiscal year (Sept. 23-Dec. 21), according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date: 15/January/2022 | 14:12

$46 Million Bonds Sold

EghtesadOnline: The government sold 12.9 trillion rials ($46 million) bonds at the weekly auction on Tuesday held by the Central Bank of Iran.
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Publish Date: 12/January/2022 | 15:52

Iran's Q1-3 Pistachio Exports Top $730m

EghtesadOnline: Atotal of 111,122 tons of pistachio worth $738.46 were exported from Iran to 70 countries during the current fiscal year’s first nine months (March 21-Dec. 21), registering a 19% year-on-year decline in both weight and value, according to Rouhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date: 12/January/2022 | 15:51

Iran Is Creating Its Own Digital Currency

EghtesadOnline: The Central Bank of Iran and its subsidiary Informatics Services Corporation will launch a pilot for the central bank digital currency (CBDC) after the Nowruz (Iranian New Year) holidays in March, the ISC chief said.
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Publish Date: 12/January/2022 | 15:47

Rise in Throughput of Ports in Iran’s Gateway to Eurasia

EghtesadOnline: Atotal of 1.32 tons of commodities were loaded and unloaded at Gilan Province’s ports during the current Iranian year’s first nine months (March 21-Dec. 21, 2021), registering a 12% rise compared with the similar period of last year, according to director general of the northern province’s Ports and Maritime Organization.
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Publish Date: 11/January/2022 | 16:01

Iran to Allow Businesses Use Cryptos for Int’l Settlements

EghtesadOnline: The Central Bank of Iran and the Ministry of Industries, Mining and Trade have reached agreement to link the CBI crypto platform to the Comprehensive Trade System, which allows businesses make use of cryptocurrency to settle payments to foreign partners, the head of the Trade Promotion Organization of Iran said.
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Publish Date: 11/January/2022 | 15:56

Iran’s Rail Connectivity to Europe: Turkey Throwing Wrench in the Works

EghtesadOnline: Iran, located geographically at the crossroads of East and West, has been making efforts for years to build up its rail connections to neighboring countries, or build new railroads to complete its transit routes along the ancient Silk Road.
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Publish Date: 10/January/2022 | 16:11