News in Brief

Oil sector's economic grew 21.8% in autumn: PBO

Iran’s Plan and Budget Organization (PBO) chief announced that the oil and gas sector’s economic growth in autumn 2023 reached 21.8 percent.
Davoud Manzour said the country’s economic growth in the season stood at 5.1 percent if the oil sector is included, and 2.5 percent if excluded, Shana reported.
Pointing to the figures released by the Statistical Center of Iran (SCI), the official said the mining and services sectors witnessed 6.9 percent and 4.6 percent growth, respectively, during the three-month period, and the agricultural sector’s growth rose to minus 1 percent, from minus 3 percent.

 

Toy producers eye entering EAEU market: TPOI

Iranian toy producers have shown their interest in partaking in the 18th Moscow International Specialized Exhibition of Goods and Services for Children, said the director general of the technical-engineering services’ office of the Trade Promotion Organization of Iran (TPOI).
Speaking in a coordinating meeting between Iranian producers and exhibitors, Mohammadreza Karimzadeh pointed to the issue of sanctions and the lack of the presence of some toy brands in the Russian market, adding that Iranian producers of toys should make the most of the opportunity to attract customers and introduce their products to their foreign peers in the toy industry.
With the implementation of the trade agreement inked with the Eurasian Economic Union (EAEU)’s member states, suitable grounds have been prepared for Iranian producers to showcase their latest products in the international arenas, he emphasized, reported Tasnim News Agency.
Placing special emphasis on taking advantage of the capacities of Russian department stores, Karimzadeh pointed out that this issue should be taken into serious consideration by the exhibitors.
The TPOI is ready to throw its weight behind the domestic producers of toys participating in this edition of the exhibition, he said.
The exhibition will kick off in Moscow on February 27, and will run through February 29, 2024.

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