Iran's Chabahar Port to be regional transportation hub: Minister

Economy - Chabahar will become a competitive and modern port that can play the role of a gateway to the countries of the region, Iran's minister of Road and Urban Development said on Sunday.

Economy - Director of the International Affairs Department at National Iranian Gas Company (NIGC) Behzad Babazadeh said Iran's gas exports rose by 64 percent in the first five months of the current Iranian year (started March 21).
Economy - Deputy minister of economic affairs and finance and president of the Organization for Investment, Economic and Technical Assistance said here on Sunday that Iran supports foreign investment in the Islamic Republic.
Economy - Director for Ports and Maritime Organization in Bandar Lengeh Mahmoud Saberi said that the exports volume in the port showed 61 percent increase in comparison with the same period of the preceding year.
Economy - Based on a swap agreement sealed by Iran and Iraq, Kirkuk oil will be exported to Iran, Iraqi Oil Minister Jabbar al-Luaibi said on Friday.
Economy - Iran, Azerbaijan, Russia and Belarus on Wednesday signed an agreement to develop North-South international transport corridor.
Economy - Iran exports 12 million cubic meters of gas per day to Iraq's capital, Baghdad and the figure will increase after completion of the gas pipeline project that is expected to reach Basra in coming months, deputy petroleum minister said here on Tuesday.
Economy - Despite trans-regional pressures on the European Union to restrict ties with Iran, EU eyes mulling over finding ways to support Belgian firms' interests in Iran, Belgian envoy said.
Economy - The head of joint Iran-Pakistan Chamber of Commerce on Saturday put the annual trade exchanges between the two countries at $230 million.
Economy - During the first five months of the current Iranian year, 1.5 tons of Persian carpet with a value of 120 million dollars have been exported to foreign countries, an Iranian official said on Tuesday.
Economy - Leading Urdu news daily reported that Iran has suggested joining Pakistani port of Gwadar with Iranian harbor Chabahar through railway line.
Economy - Based on Iran-South Africa trade ties roadmap, Iran is scheduled to increase non-oil exports to South Africa to $2 billion by 2020, Iranian commercial attaché to S. Africa said.
Economy - South Africa is of great economic importance to Iran, said Iranian Minister of Foreign Affairs Mohammad Javad Zarif in the South African capital on Monday.
Economy - Iran will start air taxi service in two months, said the head of Bojnourd Airport, in North Khorasan Province, northeastern Iran on Monday.
Economy - As a pioneering sector, oil industry could take advantage of foreign investment, Petroleum Minister Bijan Zangeneh said, addressing Majlis (Parliament) open session on Wednesday.
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