Canadian energy, power and mining companies are expected to lead a rebound in dealmaking this year helped by lower interest rates, following a slump in overall mergers and acquisitions in 2023 to the lowest since the outbreak of COVID-19, bankers said.
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The head of Iran Chamber of Cooperatives has said the Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU) is going to increase export-oriented production and consequently improve the country’s economic indicators.
The value of Iran’s exports to China increased by 24 percent in November 2023 as compared to the same month in 2022, according to China’s Customs data.
The trade exchanges between Iran and Turkey in the first 11 months of 2023 reached $5.0 billion, showing a 13 percent decline compared to the same period of last year.
Iran exported commodities valued at $10.3 billion to China during the first nine months of the current Iranian calendar year (March 21-Decemebr 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
Exporting goods from Bushehr province hits over $8.2 billion in the first nine months of the current Iranian year of 1402 (March 21-December 21), a local customs official said.
Iran and the Eurasian Economic Union (EAEU) have finally signed a long-awaited free trade agreement.
Tajikistan's capital Dushanbe hosted the 16th meeting of Iran-Tajikistan Joint Economic Committee on December 26 and 27.
Global crude oil prices would have surged and created “havoc” in the international oil market had India not ramped up oil imports from Russia in the aftermath of Moscow’s February 2022 invasion of Ukraine, the petroleum and natural gas ministry told the department-related parliamentary standing committee.
The Canadian government is backing up to C$2 billion ($1.5 billion) in new commercial loans for Trans Mountain Corp (TMC), the crown corporation building an over-budget and long-delayed oil pipeline expansion to the Pacific coast.
The World Bank in a recent report on Iran’s economy dubbed “Iran Economic Monitor” said the Islamic Republic’s economy has been expanding despite the sanctions and global economic conditions.
Iran will become one of the most important trade partners of the Eurasian Economic Union (EAEU), says the union’s minister in charge of trade.
RPI head argues Iran's oil industry needs domestic knowledge-based companies and research centers to achieve self-sufficiency, citing past threats from Western countries and arrogant powers.
Oil and gas should not be demonised in the medium-term, Elon Musk, the founder of electric car maker Tesla, said on Saturday, but he also said it was important to reduce carbon emissions to preserve the planet.
Iran’s crude oil production continued its rise in November, hitting 3.128 million barrels per day (bpd), the latest report of the Organization of the Petroleum Exporting Countries (OPEC) showed.
The Alberta Energy Regulator has warned fossil fuel companies that their access to water, a key resource for extracting and processing hydrocarbons, may be restricted next year because of parched conditions in Western Canada.
India's merchandise trade deficit narrowed sharply to $20.58 billion in November from the previous month's record levels as imports of gold, petroleum and electronic goods moderated, government data showed on Friday.
Officials from Iran and China stressed the need to expand bilateral cooperation in the field of standards.
Sellers of sanctioned oil from Russia and Iran are hiking offer prices to China after Venezuelan crude rallied following the suspension of U.S. sanctions on the South American producer, trade sources said.
The secretary of Iran’s Free Zones High Council has traveled to India to meet and hold talks with Indian officials to develop cooperation between the two countries in free zones, Freena reported.
