Azerbaijan has an economy that has completed its post-Soviet transition into a major oil-based economy (with the completion of the Baku-Tbilisi-Ceyhan Pipeline), from one in which the state played a major role. Azerbaijan’s GDP grew 41.7% in the first quarter of 2007, possibly the highest of any nation worldwide. Azerbaijan has concluded 21 production-sharing agreements […]

Tehran , IRNA – Although sanctions and the internal rules of companies are obstacles to releasing details of contracts between Iranian and Russian car manufacturing companies, good interactions and contracts have formed between the two countries, said a member of the board of directors of the Iranian Association of Homogeneous Industries in Car Parts making […]

Iran’s trade with the Shanghai Cooperation Organization (SCO) member states in the spring saw a 29 percent increase, said .a senior official in Iran’s Ministry of Economic Affairs and Finance Majid Karimi, director-general of the financial and commercial markets study office at the ministry, told IRNA on Saturday that Iran’s non-oil trade with 11 member […]

A remarkable increase in Iran’s trade exchanges with Eurasian states and the exports of agricultural products and high-tech services to Russia have yielded a positive trade balance with the Russian Federation, the Trade Promotion Organization of Iran said. In a Sunday meeting of the Iranian Administration’s Economic Coordination Headquarters, chaired by President Ebrahim Raisi, the […]