EGFI inks agreement with Russia&s EXIAR to facilitate tradeEGFI inks agreement with Russia’s EXIAR to facilitate trade

TEHRAN – Export Guarantee Fund of Iran (EGFI) has signed an agreement with Russian Agency for Export Credit and Investment Insurance (EXIAR) with the aim of facilitating exports and providing the necessary guarantees for the development of trade between the two countries.

The agreement was signed by EGFI Head Reza Alikhani and EXIAR’s Chief E

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PMI decline indicates demand decrease in Iranian marketsPMI decline indicates demand decrease in Iranian markets

TEHRAN – A survey of the Iranian economy’s Purchasing Managers' Index (PMI) by Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) showed that the index fell to 48.06 in the fifth Iranian calendar month of Mordad (July 23-August 22) following a downward trend for three consecutive months.

Meanwhile, the PMI for the industrial

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Export from Markazi province increases 9% in 5 months on yearExport from Markazi province increases 9% in 5 months on year

TEHRAN – The value of export from Markazi province, in the center of Iran, rose nine percent in the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year, a provincial official announced.

Esmaeil Hosseini, the director-general of the province’s customs department, said t

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Amir Abdollahian urges U.S. to eschew ambiguity to reach final agreementAmir Abdollahian urges U.S. to eschew ambiguity to reach final agreement

TEHRAN- Iranian Foreign Minister Hossein Amir Abdollahian has stressed that America must refrain from employing misleading language in a text to soon reach an agreement on restoration the JCPOA, commonly called the nuclear deal.

The comments were made by Amir Abdollahian during a phone conversation on Thursday with his Chinese counterpart Wang Yi,

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Iranian envoy submits credentials to UN chiefIranian envoy submits credentials to UN chief

TEHRAN — Amir Saeed Iravani, Iran’s new ambassador and permanent representative to the United Nations, presented his credentials to United Nations Secretary General Antonio Guterres on Wednesday and officially started his job.

In the meeting which took place in the office of Guterres, Iravani expressed Iran’s determination to continue constructive i

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