Jute goods losing export market

Shrinking global demand key reason; 21 private jute mills shut, many running below capacity

Iran, Russia Agree to Trade in Nat’l Currencies

EghtesadOnline: The commercial banks of Russia and Iran have agreed to pay for bilateral supplies of products in national currencies, the Central Bank of Russia said in a statement on Friday.

Swedish Firm Eyes Launching IPO for Investment in Iran

A senior official with a Swedish firm said the company plans to launch an Initial Public Offering (IPO) to raise finance for investment in Iran following the removal of anti-Tehran sanctions.

Italian Textile Machinery Manufacturers to Visit Iran

Representatives of Italian textile machinery manufacturers are planned to visit Iran later this month to explore business opportunities in the country following the removal of anti-Tehran sanctions.

Iranian, Turkmen FMs Discuss Closer ties

Iranian Foreign Minister Mohammad Javad Zarif and his Turkmen counterpart, in a meeting here in Tehran on Saturday, explored avenues for promotion of cooperation between the two neighboring countries.

Good Grounds for Exports to US via Oman: Iranian Official

Head of Iran-Oman Joint Chamber of Commerce highlighted the suitable opportunities available in the Arab country for exporting Iranian goods to the US.

Irish Banks Say Difficulties Remain in Trade with Iran

Two major Irish banks confirmed on Tuesday that restrictions on processing Iranian money are still in place despite a lasting nuclear between Tehran and world powers.

IMF Announces Rise in Iran’s Foreign Exchange Reserve

The International Monetary Fund (IMF) in its latest economic report announced that Iran’s foreign exchange reserve has witnessed a significant growth.