The preferential trade agreement (PTA), signed between Iran and Eurasia Economic Union (EEU), will benefit regional peace.

(NIOC) has signed a contract with Persia Oil and Gas Industry Development Company (POGIDC) for the development of Yaran joint oilfield, near the Iraqi border.

Atotal of 6.6 million tons of essential goods have been unloaded at Iranian ports of entry since March 20 (the beginning of the current Iranian year), of which Imam Khomeini Port in the southern Khuzestan Province accounts for 4.1 million tons, says Ravanbakhsh Behzadian, a senior official with the Ports and Maritime Organization of Iran.

TEHRAN (Tasnim) – A member of Iran’s Expediency Council said the country has received money from Venezuela for selling gasoline with five oil tankers.

Iran exported €245.5 million worth of commodities to the EU in the first four months of 2020, indicating a 4.73% rise, and imported €1.22 billion in return to register a 3.82% year-on-year decline

The Director-General of Sistan and Baluchestan Ports and Maritime Department General Behrouz Aghaei on Tuesday said that cost of importing goods into Chabahar Free Zone [CFZ] will be decreased.

Iranian President Hassan Rouhani said his administration has been doing its utmost to mitigate the economic repercussions of the coronavirus pandemic.

EghtesadOnline: Oil prices rose more than 1% on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said demand was recovering well.

EghtesadOnline: After being held up behind Sarakhs border crossing for two and a half months, 30 wagons carrying Iranian goods were let into the neighboring Turkmenistan on Thursday, according to the spokesman of the Islamic Republic of Iran Customs Administration.

The spread of coronavirus has already begun to exert pressure on businesses’ and traders’ abilities to supply goods and services. The outbreak of the virus will unquestionably impact businesses' abilities to live up to their prior commitments.