News in Brief
Tehran, Ashgabat to foster energy cooperation
Iran and Turkmenistan will expand their cooperation in the fields of electricity and energy.
A high-ranking delegation from Turkmenistan has arrived in Tehran to pursue the development of cooperation in the electricity and energy industries, the director general of the foreign trade office of Iran’s Power Generation and Distribution Company (TAVANIR) said. Mehrdad Eqlimi added that an expert-level meeting was held at the venue of the company with the aim of expanding relations between the two countries in the relevant fields.
During the meeting, the two sides exchanged their views regarding the expansion of the common capacities and the process of facilitation of financing the joint venture project for the construction operation of 3rd electricity transmission line between the two states, he said.
Once the said electricity transmission line is launched, the electricity connection capacity between the two neighbors will increase threefold, Eqlimi emphasized.
Annual imports of coffee hit $148m: IRICA
The Islamic Republic of Iran Customs Administration (IRICA) announced that 49,000 tons of coffee beans, valued at $148 million, were imported into the country in the previous Iranian calendar year (March 2023-March 2024), showing a 48.55 percent hike compared to a year earlier.
In this period, Iran imported coffee beans from the United Arab Emirates (UAE), Vietnam, India, Indonesia and Uganda, among others, the report said, reported Tasnim News Agency.
About 95 percent of the coffee beans were imported into the country from these five countries, it added.
The United Arab Emirates (UAE) exported $78 million of coffee to Iran, accounting for 52.89 percent of Iran’s coffee imports share in value, IRICA added.
About 82 percent of coffee was imported into the country via Shahid Rajaee Customs Office, followed by Mashhad, Bushehr, Bandar Lengeh and Tehran customs, Mehr news agency reported.