Energy Economy

Iran is currently among the 10 leading producers of steel in the world.

The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area.

They remain the largest provider of public climate finance. which has more than doubled since 2013. to help developing nations cope with the impacts of climate change.

ey Oil Refining Company. a leading global producer and exporter of bitumen based in Iran. announced that its exports are still going on despite all pressures from the US. adding that it has exported $650 million worth of bitumen in the past 7 months.

Iran’s Foreign Minister Mohammad Javad Zarif said there is a degree of untapped potential in the Economic Cooperation Organization which can help enhance economic integration and cohesion in the region.

Zhai Jun. Special Envoy of the Chinese Government for the Middle East referred to Iran’s 4th step. said there should be a balance between interests and commitments in the JCPOA and Iran should enjoy its economic benefits.

The managing director of Iran’s Jey Oil Refining Company said the company. the biggest exporter of bitumen in Iran and the Middle East. is exporting the product to 19 countries.

The nuclear deal was reached in Vienna in July 2015 between Iran and the P5+1 group of states.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that despite the US sanctions and pressures. the Forex market continues stability.

Tehran and Moscow are determined to increase economic ties in all areas of trade. business and investment. as Russian Energy Minister Alexander Novak told his Iranian counterpart Reza Ardakanian that bilateral trade has boosted by 25.8%.