Iranian Minister of Energy Reza Ardakanian says a loan of $5 billion that Russia has agreed to give Tehran will be used to fund a major railway project in eastern Iran.
Iran’s minister of roads and urban development says the ministry is seeking to resume trade transactions with Turkmenistan and Uzbekistan.
Iran’s Deputy Foreign Minister for Economic Diplomacy says following negotiations between Tehran and Ashgabat, the Iran-Turkmenistan border will probably reopen in the next 10 to 20 days.
Iran-made electric motorcycles will get into the market very soon in an effort to reduce air pollution and cut the gas subsidies currently paid by the government.
Chief of Staff of the Iranian president has held negotiations with Turkey and Azerbaijan Republic to remove obstacles in the way of resuming trade ties in the face of the spread of the coronavirus.
The Iranian president says border exchanges and transportation of commodities with neighbouring countries should be resumed while observing health protocols.
As part of the social distancing plan in Iran and the measures to contain the spread of the coronavirus, the government has made it mandatory for subway passengers to use face masks.
Iran Says Almost All Border Crossings Reopened by Neighbours.
Iranian President Hassan Rouhani says Tehran is prepared to transfer its experiences and the equipment needed in fight against the novel coronavirus to neighbouring countries, including the friendly country of Azerbaijan Republic.
Iran and the Azerbaijan Republic have underlined the need to enhance mutual relations on all fronts.