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Iran, Russia can become regional hub of food exports: First VP
Apr 10, 2023 03:59Iranian First Vice President Mohammad Mokhber proposed the idea of turning Iran and Russia into the hub of export of certain foodstuffs in the region through joint production and investment.
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Iran’s electricity production capacity up by 6.1 GW in year to late March
Apr 10, 2023 02:53Iran raised its electricity production capacity by 6.1 gigawatts (GW) in the calendar year to late March amid efforts to respond to a rising demand for power in the country’s household and manufacturing sectors.
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Iran denies it suffered any losses in conversion of Iraqi debt to dinar
Apr 09, 2023 01:54The Central Bank of Iran (CBI) has denied reports it suffered any losses because of converting its dollar debts from Iraq to the currency of the Arab country.
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Iran security chief had extensive de-dollarization talks with Putin: Report
Apr 07, 2023 04:40Iran’s top security official Ali Shamkhani and Russian President Vladimir Putin had extensive talks on de-dollarization of trade between the two sanction-hit countries during Shamkhani’s visit to Moscow earlier this year, according to a report by Al-Araby Al-Jadeed, which is the Arabic service of the London-based website The New Arab.
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Iran expects domestic wheat purchases to increase by 13%
Apr 06, 2023 02:29Iran’s Ministry of Agriculture Jihad (MAJ) expects this year’s wheat purchases from domestic farmers would increase by up to 13% versus the previous harvest.
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Official: Iran signs $80 billion of oil deals with foreign investors
Apr 03, 2023 08:25Iran has signed more than $80 billion of memorandums of understanding with foreign investors to participate in the financing of oil projects, of which more than $5 billion have been converted into contracts, Deputy Minister of Petroleum Houshang Falahatian says.
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ASEAN finance ministers consider ditching US dollar, euro for financial transactions
Apr 01, 2023 03:47Finance ministers and central bank governors from the Association of Southeast Asian Nations (ASEAN) have met and discussed ways to ditch the dollar and euro in their financial transactions and move to settlements in local currencies.
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World Court says US violated intl. law by freezing Iran assets, orders compensation
Mar 31, 2023 02:43Judges at the International Court of Justice (ICJ) in The Hague have ruled that the United States had violated international law by allowing American courts to confiscate nearly two billion dollars in assets from Iranian companies, and ordered Washington to pay compensation, the amount of which will be determined later.
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Iran vehicle output hit all-time record in year to March
Mar 31, 2023 01:47Iran’s vehicle production hit an all time record high in the calendar year to late March despite a significant reduction in the production of foreign brands under the complete knock down (CKD) arrangement.
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Iranian foreign minister hails fruitful talks in Russia
Mar 30, 2023 04:38Highlighting the significant and fruitful meeting with his Russian counterpart during a visit to Moscow, Iranian Foreign Minister Hossein Amir-Abdollahian said negotiations have been held on the long-term comprehensive cooperation agreement between the two states.