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US dollar must be removed from global transactions: Leader
Jul 21, 2022 06:23Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has voiced his support for the gradual removal of the US dollar from global transactions in a meeting with Russian President Vladimir Putin.
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Iran to include more currencies in its new pairing system
Jul 21, 2022 06:18Central Bank of Iran (CBI) officials say they plan to include more currencies in a new system that allows exporters and importers to settle their payments under currency pairings coordinated with other countries.
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Iran, Iraq sign long-term strategic energy contract: Minister
Jul 20, 2022 13:48Minister of Energy Ali Akbar Mehrabian said the Islamic Republic has signed a long-term strategic electricity contract with Iraq to provide its neighbor with sustainable energy supplies.
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Iran, Turkey begin talks on 25-year gas supply deal
Jul 19, 2022 16:32Iran and Turkey have agreed to start negotiations on a new gas exports deal that will allow increased supply of natural gas from Iran to Turkey for a period of 25 years starting in 2026.
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Iran’s Bank Melli and Russia’s Sberbank sign MoUs
Jul 16, 2022 16:56Iran’s largest lender Bank Melli has signed some major memoranda of understanding (MoUs) with Russia’s largest bank, Sberbank, amid efforts by Iran and Russia to boost their banking and trade ties.
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Iran’s petrochemical output capacity to rise by 54% in 2025: Report
Jul 15, 2022 07:23Iran will increase its production capacity for petrochemical products by more than a half in the next three years as the country moves ahead with plans to increase added value in its petroleum sector.
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Iran’s domestic wheat purchases exceed 5 mln tons
Jul 14, 2022 18:03Iran’s purchases of domestically-grown wheat have exceeded five million metric tons in the harvesting season that began in early April, a sign the country has been successful in its plans to ensure food security at a time of increased uncertainty in the global markets because of the military conflict in Ukraine.
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Iran's full membership of SCO to be finalized in 2023: Reports
Jul 13, 2022 16:40Iran's full membership of the Shanghai Cooperation Organization (SCO), a transcontinental political, economic, and security alliance, is expected to be finalized by next year, according to multiple reports citing officials.
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Iran starts handling first Russian cargo transit to India
Jul 12, 2022 20:01Iran has started transiting a first Russian cargo to India through a new route that experts believe will lead to increased trade in the region.
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Russo-Iranian cooperation in modern tech goes back to before Ukraine war: Foreign Ministry
Jul 12, 2022 14:43Tehran says cooperation between Iran and Russia in the field of some modern technologies goes back to before the commencement of war in Ukraine.