The Iranian Roads and Urban Development Ministry started talks with Chinese contractors as it seeks to attract large finances needed to complete a major road project connecting the capital Tehran to areas on the Caspian Sea in the north.
Iran may use Chinese contractors to finish major freeway project
Iran’s Agriculture Ministry said cotton output in the country would increase by 21 percent in the year to March 2022 as the government keeps encouraging more cultivation of the strategic crop to lower imports of around 130,000 tons per year.
Iran aims to increase cotton output by 21%
Iranian President Hassan Rouhani inaugurated projects of the Energy Ministry in three provinces of the country through a videoconference call on Thursday.
President Rouhani inaugurates water projects worth $619 million
Oil prices rose on Wednesday as expectations of rising fuel demand offset concerns about the impact of a surge in India's coronavirus cases and higher US crude inventories.
Oil prices rise as demand outlook offsets COVID worries
Between $6 billion and $7 billion of Iranian funds are held in Iraq, but Tehran is not worried about their release, the head of the Iran-Iraq Chamber of Commerce said.
Iran not worried about billions of dollars held in Iraq: Joint chamber head
The value of non-oil trade between Iran and the members of the Eurasian Economic Union (EAEU) reached $2.1 billion in the previous Iranian year (ended on March 20), data released by the Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) showed.
Iran-EAEU 12-month trade tops $2b
Iran’s carmakers doubled output in the month to April 20 as manufacturers continue to scale up production to meet a growing demand in the domestic market.
Iran's monthly car output up nearly 118%
Iran exported $2 billion of commodities to Turkey in 2020, said the head of Iran-Turkey Joint Chamber of Commerce.
Iran’s exports to Turkey hit $2b last year
The Ministry of Industry, Mine, and Trade of Iran has plans to produce 32 million tons of crude steel in the current Iranian year that started on March 21.
Iran plans to produce 32m tons of crude steel this year
Iran will add 1,500 megawatts (MW) to its renewable power plant capacity by August, said the head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA).
Iran’s renewable power production capacity to increase by 1,500MW

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