Trade
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Iran’s exports to Europe up by 26% in H1
TEHRAN, Oct. 13 (MNA) – The average exports of Iranian nonoil products to European countries in the first half of the current Iranian calendar year (March 21-Sept. 21) registered a significant 26 percent hike.
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Iran, Pakistan to broaden trade-economic coop.
TEHRAN, Oct. 13 (MNA) – In a meeting held between Consulate General of the Islamic Republic of Iran in Peshawar with ruler of Pakistan’s Khyber Pakhtunkhwa province, the two sides emphasized on deepening and enhancing bilateral relationship in all areas especially trade and economic field.
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Iran, India discuss expanding coop. on Chabahar Port
TEHRAN, Oct. 13 (MNA) – Iran and India discussed areas of marine and ports cooperation and the possibility of expanding ties on the southern Iranian port of Chabahar in a meeting between senior marine and ports officials of the two countries.
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Mohsen Rezaei:
National currency to regain its value by help of Iranian nation
TEHRAN, Oct. 12 (MNA) – Secretary of the Expediency Council and former IRGC commander Mohsen Rezaei has referred to the current economic situation, saying the Iranian nation will get through the difficulties and help the national currency regain its lost value.
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Pakistan to continue trade with Iran
TEHRAN, Oct. 12 (MNA) – Pakistan on Thursday opposed unilateral sanctions imposed by the US on Iran saying that it would continue trade with Iran in own interest.
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CBI puts liquidity growth rate at 3.4% in Q1
TEHRAN, Oct. 10 (MNA) – According to economic indicators of the Central Bank of Iran (CBI), the country’s liquidity growth rate in the first three months of the current Iranian year (March 21-June 21) stood at 3.4 percent.
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Iran, Turkey eye boosting trade in pharmaceuticals
TEHRAN, Oct. 10 (MNA) – Director General of Iran-Turkey Chamber of Commerce Seyed Jalal Ebrahimi said on Wednesday that Tehran and Ankara are weighing possibilities to boost trade in pharmaceuticals.
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Accession to conventions will foil US’ future excuses: Zarif
TEHRAN, Oct. 07 (MNA) – Iranian Foreign Minister Zarif said he could not give any guarantee that approving the FATF-related bills would solve Iran’s problems, but rejecting the bills would allow US to take more measures against the country.
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Iran, Russia confer on using national currencies in trade
TEHRAN, Oct. 05 (MNA) – Heads of Iran and Russia central banks met in Moscow Thursday, and discussed various issues related to banking cooperation, particularity the use of national currencies in trade transactions.
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Iran-Turkey trade at $5.2 billion in H1
TEHRAN, Oct. 03 (MNA) – Trade volume between Iran and Turkey amounted to $5.2 billion in the first half of 2018, with Iran’s exports sitting atop, said an Iranian envoy in Turkey.
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Norwegian amb.:
Norway working closely with Iran, EU to help preserve JCPOA
TEHRAN, Oct. 01 (MNA) – Norwegian Ambassador to Tehran, Lars Nordrum, said in an exclusive interview with Mehr News that Norway is fully committed to the JCPOA and will support EU’s promised financial mechanism to continue trade with Iran in the face of US sanctions.
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UK’s trade envoy to Iran:
US running a real risk to international trading system
TEHRAN, Sep. 30 (MNA) – UK PM Trade Envoy to Iran Lord Norman Lamont said in an exclusive interview with Mehr News that US President Trump’s extensive use of the sanctions regime is running a real risk to the international trading system.
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Iran comprehensive trade system unveiled
TEHRAN, Sep. 29 (MNA) – Iran Comprehensive Trade System was unveiled today morning in the presence of the Minister of Industry, Mine and Trade Mohammad Shariatmadari and Minister of Communications and Information Technology (ICT) Mohammad-Javad Jahromi.
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Afghan attache dismisses rumors on Iranian goods import ban
TEHRAN, Sep. 22 (MNA) – Commercial Attaché of Afghanistan Embassy to Iran has dismissed the rumors about a ban placed on the import of Iranian goods to Afghanistan.
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S Korean firms to continue coop. with Iran despite US sanctions
TEHRAN, Sep. 21 (MNA) – In his meeting with the Deputy Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) for International Affairs Mohammad-Reza Bakhtiari, South Korean Ambassador to Iran Ryu Jeong-Hyun revealed the continuation of South Korean companies with Iran despite US pullout from JCPOA.
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Iran removes limit on gold, foreign currency imports
TEHRAN, Sep. 20 (MNA) – The Central Bank of Iran (CBI) has eased currency rules and ordered the customs to allow merchants to bring foreign currency banknotes or gold into the country in a bid to curb further depreciation of the rial.
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By: Mahmood Khaghani
EU, Iran clearing the way for business and trade
TEHRAN, Sep. 17 (MNA) – The news that Germany, France & UK are actively considering a “Clearing House” to facilitate Iran's global commerce is probably the most important development in financial & energy markets for many years.
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Expensive transport costs reduce Iran's trade with Mongolia
TEHRAN, Sep. 10 (MNA) – Head of Iran's Trade Promotion Organization (TPO) Mojtaba Khosrotaj says costly transport has had a negative impact on the volume of trade transactions between Iran and Mongolia.
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Iraq after offsetting negative atmosphere against Iran: MP
TEHRAN, Sep. 03 (MNA) –Falahatpisheh, the Chairman of the National Security and Foreign Policy Commission of Iran’s Parliament, said on Mon. that Iraq has sent a delegation to US to alleviate the harsh atmosphere against Iran.
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Iran, Iraq agree to keep trade without US dollar
TEHRAN, Sep. 01 (MNA) – The Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Eshagh announced that Iran and Iraq have agreed to eliminate US dollar from trade transactions between the two countries.
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South Korean firms discuss Iran’s market in special session
TEHRAN, Aug. 25 (MNA) – Some South Korean companies and Iranian officials discussed the potentials of Iran’s market after US withdrawal from the Joint Comprehensive Plan of Action (JCPOA) in a special session held in Gidong, South Korea.
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Australia vows to maintain ties with Iran amid US sanctions
TEHRAN, Aug. 23 (MNA) – An official at Australia’s foreign affairs and trade ministry, while criticizing US for violating the 2015 Iran nuclear deal, stressed Melbourne’s resolve to maintain trade transactions with Tehran despite US sanctions.
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Iran amb. to Nairobi:
Iran, Kenya bilateral trade can increase to $500mn
TEHRAN, Aug. 22 (MNA) –The volume of trade between Tehran and Nairobi has reached $ 167 million, Iran ambassador to Kenya told MNA, adding that the bilateral trade could reach $ 500 million.
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Iran’s exports to Iraq hits new record at $55mn in one day
TEHRAN, Aug. 21 (MNA) – The Secretary-General of Iran-Iraq Chamber of Commerce Sayed Hamid Hosseini said Tue. that Iran’s exports to Iraq recorded a new high, as $55 million worth of commodities was exported to the neighboring country on Monday.
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Indonesia, Iran's 11th trade partner
TEHRAN, Aug. 20 (MNA) – Indonesian Ambassador to Iran Octavino Alimudin declared on Sunday night that his county stands 11th among Iran's major trade partners.
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Moscow, Dushanbe may use ruble in mutual trade
TEHRAN, Aug. 18 (MNA) – Tajik Minister of Economic Development and Trade Nematullo Hikmatullozoda proposed that the Tajikistan and Russia can switch to ruble in bilateral trades.
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An Iraqi official:
US moves not to hinder Iran-Iraq economic coop.
TEHRAN, Aug. 16 (MNA) – Head of Iraqi Chambers of Commerce Jafar Rasul Hamdani said that US provocative moves will not create any obstacle behind Iran and Iraq economic cooperation.
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Turkey ready to trade in local currencies with Iran, Russia, China, EU: Erdogan
TEHRAN, Aug. 12 (MNA) – Turkey’s President Recep Tayyip Erdoğan said Sat. that Turkey was preparing to trade with its top trade partners like China, Russia, Iran and Ukraine and even European countries in local currencies instead of the US dollar.
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Chinese official:
Iran-China volume of trade transactions up by 10%
TEHRAN, Aug. 11 (MNA) – The volume of bilateral trade transactions between Iran and China has reached $17 billion in the first six months of 2018, according to Chinese Ministry of Commerce spokesman Gao Feng.
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Iraq-Iran trade continues despite US sanctions: Iraqi official
TEHRAN, Aug. 11 (MNA) – The President of the General Union of Iraqi Chambers of Commerce Jaafar Al-Hamdani says that the trade with Iran is continuing despite risk of US sanctions.