Energy Economy

The projects. once operational. will play a leading role in development and growth of the mining industry in the country. according to IMIDRO.

It is 40 years since the Islamic Republic of Iran has been under sanctions and during these years. the country managed to attain self-sufficiency in many fields.

The volume of Iran’s non-oil exports had increased by more than 10 percent compared to the first seven months of 2018.

It supports the country’s ambition to develop a total of up to 5GW of solar power by 2030.

This agreement includes 862 products. with 360 related to Eurasian Economic Union (EAEU) and 502 to Iran.

The US maximum pressure campaign against Iran has failed citing an IMF'.s projection that Iran'.s economy will rebound despite the sanctions.

Mohajeri noted that besides the flourishing ties in the fields of energy. medicine. science and culture. the two neighbors have been trying to increase their technological cooperation.

A senior official underlined a surge in Iran'.s steel production. saying that the alloy'.s output will hit 28mln tons at the end of the current Iranian year (March 19).

Major Iranian steelmakers exported over 5.8 million tons of steel during the past 6 month. latest data released by Iran’s Steel Association showed.

Chief Executive of Iran Railways Saeed Rasouli announced on Friday that the Islamic Republic will cooperate in launching a Chinese corridor to Europe.