Five countries account for over 50 percent of Iran's imports Data released by the Islamic Republic of Iran Customs Administration show that Iran's five top exporters accounted for over 50% of the goods entered through the country's customs during the past 10 months of the current Iranian year (to Jan. 20).
Iran's Trade With Australia Grows 26 percentI ran traded 89,066 tons of non-oil commodities worth $148.22 million with Australia during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20), registering an 86.46% and 26.02% growth in tonnage and value respectively compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
Turkey Ready to Launch Own SPV for IranT urkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions.
Progress in Financing Wheat Deal With Russia, KazakhstanIran, Russia and Kazakhstan are making progress on financing a long-delayed wheat deal that could double or triple export to Iran, the secretary general of Iran’s Federation of Food Industry Associations said.
Red meat imports at 126,000 tons since last MarchSome 126,000 tons of red meat has been imported to the country since the beginning of current Iranian calendar year (March 21, 2018), the chairman of Agriculture Committee of Iranian Parliament announced.
Russia predicts increase in volume of cargo transportation from IranRussia's Minister of Economic Development Maxim Oreshkin says volume of cargo transit and transportation from Iran to Russia will increase once the agreement on establishment of a free trade zone between the Eurasian Economic Union and Iran is approved.
Iran, Iraq set up payment mechanism to facilitate tradeCentral banks of Iran and Iraq reached an agreement to set up a payment mechanism to facilitate banking ties between the two countries, the portal of Central Bank of Iran (CBI) reported.
Russia to cooperate with EU on INSTEX: Envoy Russia will cooperate with the European countries actively to develop the Instrument in Support of Trade Exchanges (INSTEX) with Iran, a Russian envoy said.
8 percent share of food industry in non-oil exports Director General of Food Industry, Pharmacy and Sanitary Department of Iran's Ministry of Industry, Mining and Commerce said that the food industry accounted for 2 percent of non-oil exports in terms of weight and 8 percent of non-oil exports in value.
Iran, Syria ink 11 long-term strategic co-op agreementsIran and Syria signed 11 long-term cooperation agreements during a two-day visit of a high-ranking Iranian delegation led by First Vice President Es’haq Jahangiri to Syria.
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