Iran’s Asia exports rose nine percent to more than $5 billion in the two months to May 21.
Iran’s President Hassan Rouhani is in Russia to participate in two major summits of BRICS and the Shanghai Cooperation Organization (SCO).
Iran and Tajikistan have inked a deal to complete the Anzob tunnel, which connects the Tajik capital to the country's second largest city Khujand and is a transit route between Dushanbe and Tashkent.
An increase in OPEC output, a hike in the number of American oil rigs and Iran's likely production increase contribute to the decline in oil prices.
President Rouhani is going to have a tight schedule during his two-day stay in the Russian city of Ufa.
Reforms are necessary to remove the obstacles in the way of the competitive industrial output and to enhance the efficiency of the overall financial structure, President Rouhani said.
International shipping lines are stepping up port calls to Iran as the country’s massive maritime trade sector is emerging from sanctions.
Turkey is discussing imports of fuel oil from Iran which is running a surplus of the product amid a decline in domestic consumption, local media said on Thursday.
If we had acted before the economy plunged into this crisis, sanctions would definitely have failed to bite.
In total, 10,555 cars were imported in the first three months of the current year.