Iran plans to establish a transit link to Europe
Bulgaria says it has seen positive signs that Iran is determined to press ahead with a plan to establish a multimodal transit link that involves a railroad that passes through its territory toward the heart of Europe. Bulgaria’s Presidential Office announced in a statement that the issue had been raised in the meeting between President […]
Trade turnover of Iran and Azerbaijan may surpass $300 million
The volume of trade turnover between Iran and Azerbaijan currently stands at about $100 million but it must increase considerably, the Iranian deputy minister of industry, mine and trade, Hossin Esfahbodi, said on the sidelines of the ongoing Iran Project 2016 in Baku, Vestnik Kavkaza reports. Elaborating on existing trade capacities between the two countries, […]
Mongolia: Japan’s Rubbish Heap
ELISE HONNINGDALSNES – The UB POST Mongolia is embracing mass-market grey imports from Japan. This easy solution to get Mongolians cheap wheels will soon result in Mongolia being one of the biggest landfills for cars and dangerous waste in Asia. Mongolians have fallen in love with Japan’s Toyota Prius, and are importing them to the […]
Samsung for government
Oh Young-jin – The Korea Times One may rightly feel it absurd to put a private company in charge of government. True, private firms seek profits, while the role of the government is, well, to run the country — requiring it to serve many different purposes with profit at the bottom of its list of […]
Iran exports over $3.6 billion petrochemical products in 5 months
Iran exported over 3.6 billion dollar’s worth of different kinds of petrochemical products during the first five months of the current Iranian calendar year, IRNA news agency reported. The country sold more than 8.724 million tons of a variety of petrochemicals to the international markets during the same period. The growth in the petrochemical products […]
Russia to Host CIS Summit in October 2017
A summit of the Commonwealth of Independent States (CIS) will take place in Russia in October 2017, CIS Executive Secretary Sergei Lebedev said on September 11, Sputnik reports. Russia will host the summit and will assume the CIS chairmanship, he explained. “A meeting of the CIS Council of Heads of State will be held in […]
At least 38% of citizens not to trust any Azerbaijani bank
Business Insight Company has conducted the survey that has affected the attitude of Baku citizens to the banks. According to the survey, in August 37.6% of citizens did not trust any banks, and 8.8% of citizens neither agree nor disagree. For comparison, in January the indexes amounted to 33.1% and 1.5% respectively, and in April […]
Invest Mongolia Calls for Regaining Investor Trust
During this year’s Invest Mongolia, which addressed the interests of investors in the state policies of the new Cabinet, foreign investors advised the Mongolian government to take measures to regain their trust in order to improve foreign investment in the country. From September 5 to 6, the forum’s attendees discussed and exchanged views on the […]
Russia has no plans to sell Gazprom
Russia is not planning on selling energy giant Gazprom, Russian President Vladimir Putin said, Sputnik reports. “We have no plans to sell it yet, and this is because of the peculiarities of the Russian economy, the social sphere and the Russian energy industry,” Putin told Bloomberg, explaining why he was unconcerned by the company’s share […]
Iran and Afghanistan stress development of Chabahar Port
Iranian top Presidential aide, Akbar Torkan and Afghan Minister of Trade and Industry Homayoun Rasa in a meeting on September 5 stressed development of Chabahar Port, IRNA reports. During the meeting, Torkan who is also secretary of the Supreme Council of Iran’s Free Trade, Industrial and Special Economic Zones said that development of Makran coastal […]
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