News in Brief
Establishing close cooperation in OPEC
SHANA – Iran’s oil minister said that Tehran and Riyadh will accelerate their cooperation in the Organization of Petroleum Exporting Countries (OPEC) after the thaw in relations.
Speaking on the sidelines of the unveiling ceremony of crude oil and gas condensate deposit certificate at Iran Energy Exchange (IRENEX), Javad Owji also noted that an expert-level study has been conducted at IRENEX for more than a year in order to use domestic investors and public participation for selling crude.
Joint economic commission in Baghdad
TASNIM – The 5th session of the Iran-Iraq Joint Economic Commission will be held in Baghdad from March 12-14, following talks with Iraqi officials in line with efforts of President Ebrahim Raeisi’s administration to effectively hold joint economic commissions with target countries.
Iran’s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari made the remarks on Sunday and reemphasized that Iran and Iraq are poised to hold the event to bolster bilateral trade and economic ties.
Bushehr
exports up
IRNA – Exports from Bushehr Province, southwestern Iran, rose 39 percent during the first 11 months of the current Iranian year (March 21, 2022-February 19, 2023), compared to the same period of time in the past year, a provincial official announced.
Ali Soleymani, the director general of the Customs Department of Bushehr, put the value of 11-month non-oil export at $12.3 billion.