Governor of the Central Bank of Iran announced that his country’s national currency the rial has regained over 40 percent of its value. to Washington’s disappointment as the US is trying to damage Tehran’s economy with unilateral sanctions.

Iran’s Deputy Transportation Minister Shahram Adamnejad announced that the country’s largest airline IranAir has posted an operating profit for the last local calendar year ending on March 20. 2019.

Iranian Minister of Industry. Mine and Trade Reza Rahmani said that his country is planning to further decline the volume of imports by 2021. in a move to increase national economy’s resistance to US-posed pressures.

Iran has ended cooperation with the Chinese CNPC company after lagging in completion of the development of the phase 11 of South Pars oil and gas field. Oil Minister Bijan Namdar Zanganeh announced.

Iranian Ambassador to Kabul Bahador Aminian said that his country’s exports to Afghanistan are 3 times more than what it sends to 28 member states of the European Union. highlighting that trade with Afghanistan is of high value to Tehran.

According to Customs reports. China with 24.37% share of total imports in six months is Iran’s major importer of non-oil goods from March to September.

Minister of Industry. Mine and Trade Reza Rahmani said that country’s imports volume will decrease $10 billion by 2021.

The diversity of petrochemicals produced in Iran is expected to be enhanced by 2025 as the country is planning to realize the sector’s second and third leaps by 2025.

Azerbaijani Economy Minister Shahin Mustafayev said on Saturday that Baku. Moscow and Tehran are preparing to create a North-South energy corridor.

Iran and Turkmenistan signed a number of memoranda of understanding (MoUs) to expand their collaboration in the field of economy and trade.