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Iran Likely to Sign PTA With India by Yearend

EghtesadOnline: A preferential trade agreement between Iran and India is expected to be signed by the yearend, as talks have entered “final phase”, says Iran ian Ambassador to India Ali Chegeni.
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Publish Date:31/August/2019 | 10:35

Exporters Repatriate €7 Billion in 5 Months

EghtesadOnline: Exporters repatriated €7.19 billion of their overseas earnings from the beginning of the year (March 20) through late August.
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Publish Date:31/August/2019 | 10:32

Iran -Armenia Third Power Transmission Line to Be Completed by 2020

EghtesadOnline: According to agreements between Iran and Armenia at the 16th session of the Joint Intergovernmental Commission in Tehran last month, it was decided that the third electricity transmission line project between the two countries should be completed by the end of 2020, deputy energy minister for international affairs said.
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Publish Date:26/August/2019 | 24:37

239m Bank Cards Unused in 1 Month

EghtesadOnline: Out of a total of 341 million cards issued by Iran ian banks by the end of calendar month to July 22, card holders conducted at least one transaction with 101.2 million cards during the month.
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Publish Date:26/August/2019 | 24:00

Mistrust, Saudi Influence Block Iran 's Regional Proposals

EghtesadOnline: Persian Gulf countries' cold response to Iran 's regional initiatives has its roots in deep-seated mistrust, Tehran's tense relations with the United States and the influence of Saudi Arabia in the Arab world, says a political analyst.
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Publish Date:25/August/2019 | 11:39

Bank Melli Iran Pays $100m in Debt Purchase Loans

EghtesadOnline: State-owned Bank Melli Iran has granted 7,612 debt purchase applicants facilities worth 11.78 trillion rials ($100.7 million) in the first four months (March 21-July 22) of the current fiscal year.
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Publish Date:25/August/2019 | 11:29

Q1 Exports From Hamedan Exceed $25m

EghtesadOnline: A total of 177,150 tons of commodities worth 3 trillion rials ($25.86 million) were exported from Iran 's western Hamedan Province during the first three months of the current Iran ian year (March 21-June 21).
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Publish Date:25/August/2019 | 11:05

Int’l Rice Export Terminal Opens in Northern Iran

EghtesadOnline: Iran 's International Rice Trade Center and Export Terminal was inaugurated in the city of Amol, located in the northern Mazandaran Province, on Aug. 21, in the presence of First Vice President Es'haq Jahangiri.
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Publish Date:25/August/2019 | 11:04

Tehran-Ankara H1 Trade Tops $3.8b

EghtesadOnline: Iran ’s trade with Turkey totaled $3.89 billion during the first six months of 2019 to register a decrease of 23.94% compared to the corresponding period of 2018, data released by Turkish Statistical Institute show.
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Publish Date:25/August/2019 | 11:03

Cigarette Production Up 42%

EghtesadOnline: A total of 18 billion cigarettes were produced in Iran during the first four months of the current fiscal year (started March 21), registering a more than 42% growth compared with the corresponding period of last year, ISNA reported, citing the Ministry of Industries, Mining and Trade's data.
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Publish Date:25/August/2019 | 10:44

Banks’ Surplus Assets Fall Out of Favor

EghtesaadOnline: While the government insists on lenders to get rid of their surplus properties, it seems that this is better said than done.
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Publish Date:25/August/2019 | 10:41

Expert: Europe Unable to Challenge US Sanctions on Iran

EghtesadOnline: Europe is not able to push back against the United States because the American and European economies are closely intertwined, says a political analyst, who argues that Iran should expand ties with Russia, China and regional countries in light of the expected failure of INSTEX.
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Publish Date:19/August/2019 | 10:39

35% Decline in Lead, Zinc Ore Extractions

EghtesadOnline: Major Iran ian lead and zinc producers extracted 322,799 tons of ores during the first four Iran ian months (March 21-July 22), which indicates a 35% fall in production compared with last year’s corresponding period, the Iran ian Mines and Mining Industries Development and Renovation Organization’s latest report shows.
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Publish Date:19/August/2019 | 10:32

ICCIMA to Host Trade Forum in Bulgaria

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to host a forum on trade and investment opportunities in Bulgaria on August 24.
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Publish Date:19/August/2019 | 10:31

13K Tons of Eggs Exported in Four Months

EghtesadOnline: Iran exported 13,000 tons of eggs during the first four Iran ian months (March 21-July 22), the head of Iran Veterinary Organization said.
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Publish Date:18/August/2019 | 24:29

Iran Favors ‘Constructive’ Ties With Regional States

EghtesadOnline: Visits by Iran 's chief diplomat to Persian Gulf states are in line with the country's policy of engaging constructively with regional countries, a senior official said, adding that foreign presence undermines peace and security in the Middle East.
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Publish Date:18/August/2019 | 24:04

Stopgap Fuel Card Rules Unhelpful

EghtesadOnline: So long as gas station attendants' cards are usable, the plan to reintroduce fuel cards cannot be implemented efficiently and transparently, a board member of Al-Zahra University in Tehran said.
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Publish Date:17/August/2019 | 10:46

Seasonal Ban on Rice Imports Lifted

EghtesadOnline: The Ministry of Industries, Mining and Trade has lifted its seasonal ban on rice imports.
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Publish Date:17/August/2019 | 10:45

42% Rise in Iran 's Non-Oil Trade With VISTA

EghtesadOnline: Iran traded 716,900 tons of non-oil commodities worth $549.79 million with Vietnam, Indonesia, South Africa, Turkey and Argentina, collectively known as VISTA, in the first Iran ian month (March 21-April 20) to register a 39.81% and 42.06% growth in tonnage and value respectively compared with last year’s corresponding month.
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Publish Date:17/August/2019 | 10:44