Mohammad Reza Nematzadeh

Iran signed the country's biggest-ever car deal with French multinational automobile manufacturer Groupe Renault on Aug. 7 to produce 150,000 cars, beginning in 2018.

Iran is banning the entry of U.S. consumer goods, the commerce and industry minister has said, as the country prepares for a lifting of economic sanctions.

A campaign to boycott ?substandard and expensive? Iranian-made cars has fired up social media in the Islamic republic, where its supporters have been accused of anti-revolutionary treason.

Iran outlined plans on July 23 for the rebuilding of its core industries and trade links in the wake of a nuclear agreement with world powers, saying it was targeting oil and gas projects worth $185 billion by 2020.

Turkish transporters have expressed their pleasure with the Iranian government’s pledge to permit trucks traveling to Iraq to pass through Iran amid growing trade problems in the region Turkish transporters have welcomed Tehran’s decision to permit Turkish truckers’ passage across its territory en route to Iraq, providing a great relief to exporters affected by safety concerns and

Iran could be a "reliable, secure and long-term" gas supplier to Europe, the country's Industry Minister Mohammad Reza Nematzadeh said in an Interview.

Nematzadeh asserted that Iran did not "want to compete with Russia," but knew that Europe's demand for gas was increasing and "would like a share of this".