Iran-EU trade hits €9.5b in Jan-May: Eurostat

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TEHRAN, Aug. 1 (MNA) — Trade between Iran and the EU reached 9.5 billion euros in the first five months of 2011, the statistical office of the European Union (Eurostat) reported.

Iran, India resolve oil payment row

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TEHRAN, Aug. 1 (MNA) -- Iran has resolved a payment problem over the country’s oil exports to India, the managing director of the National Iranian Oil Company has announced.

Iran, Algeria to set up joint trade council

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TEHRAN, Aug.1 (MNA) – Iran and Algeria agreed to set up a joint trade council aiming to develop the two-way trade and investment, IRNA news agency reported on Sunday.

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