EU to protect its firms against US sanctionsThe European Union announced that it will protect its companies against US sanctions, American media Bloomberg reported.
Nestle to Pay $7 Billion to Market Starbucks ProductsSwiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the US coffee chain’s products around the world in a global alliance aimed at reinvigorating their coffee empires.
IMF supports Iran Forex rate unificationA senior official in the International Monetary Fund hailed Iran move to unify foreign exchange rates, according to Reuters.
Russia Signs EAEU-Iran FTZ AgreementRussian Prime Minister Dmitry Medvedev signed an interim agreement with a validity of four years for the formation of a free trade zone to deal with a limited range of goods between the Eurasian Economic Union and Iran, the Russian government’s website announced in a statement.
Seventh Indian wheat cargo for Afghanistan arrives in ChabaharIndia’s seventh consignment of wheat to be sent to Afghanistan arrived at Iran’s southeastern Shahid Beheshti Port in Chabahar.
Iran could soon join Euroasian Economic Union (EEU)The Russia-led Eurasian Economic Union (EEU) could welcome Iran as a new member in May, according to Russia’s Energy Minister Aleksandr Novak.
EU-Iran foreign trade reaches €21bnChairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari said Iran's foreign trade with the European Union grew by 52% to reach 21 billion euros in the first 10 months of current Iranian year.
Iran, Russia, Kazakhstan reach agreement on grain tradeRepresentatives from the Islamic Republic of Iran, the Russian Federation, and Kazakhstan signed a trilateral MoU on grain trade on Sunday in Moscow.
FAO assists Iran to strengthen sustainable growth of oilseed crops The Food and Agriculture Organization (FAO) has given aids to Iran to reinforce potentials for sustainable growth of oilseed crops, the UN agency's Tehran office announced in a press release on Wednesday.
3rd Turkish Border Gate With Iran to Operate 24/7Turkey is working to keep a third border gate with Iran open for 24 hours a day to ease border crossing and boost trade, Turkish Customs and Trade Minister Bulent Tufenkci announced.