Iranian industry, mining and trade minister said $9.7 billion of foreign direct investment (FDI) has been attracted to the country’s industry, mining and trade sectors since the implementation of the nuclear deal, known as JCPOA in January 2016.

The auto parts associations of Iran and France signed a cooperation agreement on the sidelines of the 5th edition of Iran’s Automotive Industry International Conference (IAIIC).

Iran is negotiating a wheat import deal with Russia that would allow it to increase flour exports to neighboring Iraq, the secretary general of the Iran Federation of Food Industry Associations told Reuters on Saturday.

Iran's Minister of Roads and Urban Development, who is accompanying President Rouhani on his trip to India, announced on Saturday that Indians have expressed their initial agreement to invest $ 2 billion in Iran’s ports and railways.

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