South Korean rolling stock manufacturer Hyundai Rotem signed a contract worth €720 million with the Islamic Republic of Iran Railways on Saturday to produce 450 suburban railbus wagons in Iran.
Archive Of ‘News’
India is in talks with Iran to begin interim operations at a port in southeast Iran, officials say, proceeding cautiously on developing the facility at a time when the incumbent US administration has laid out an aggressive new approach toward Tehran. (more…)
The port is likely to ramp up trade between India, Afghanistan and Iran in the wake of Pakistan denying transit access to New Delhi for trade with the two countries
Private sector investors have put up more than 18 trillion rials ($440 million) for the establishment of new towns in Iran during the past four years, said a board member of the New Towns Development Company, affiliated to the Ministry of Roads and Urban Development.
The first shipment of wheat from India went through to Afghanistan using Iran’s Chabahar port last month. (more…)
The Iranian oil ministry has announced plans to build the new terminal to protect Iran's oil exports against potential problems in the Persian Gulf and to boost shipments of Caspian oil, and providing an alternative option for Iran's main export terminal at Kharg Island
The Iranian oil ministry has announced plans to build the new terminal to protect Iran's oil exports against potential problems in the Persian Gulf and (more…)
In a telephone conversation with the Indian premier on Wednesday, President Rouhani said Tehran is prepared to upgrade the level of ties with New Delhi to that of a strategic partnership. (more…)
Speaking in a meeting with the Economic Affairs Deputy of Chabahar Free Trade Zone, Nick Yi reiterated that Chinese Trade and Economic Companies are eager to invest in Chabahar economic and strategic zone. (more…)