Energy Economy

With projects set to be delivered for as low as £39.65 MWh. around 30% lower than the second auction held in 2017. the auction has caused a stir amongst the sector.

The OECD claims 70% of energy-related carbon dioxide emissions from advanced and emerging economies are completely untaxed.

US sanctions against the central bank of Iran will not affect Russian businesses in that country. Russian Special Presidential Representative for Afghanistan. head of the Asian department of Russia’s Foreign Ministry. Zamir Kabulov said.

Abdolnasser Hemmati said that his country’s non-oil economy recorded a 0.4% growth in the first 3 months of the current Persian calendar year (March 21-June 21). adding that it showed that Tehran has contained the negative impacts of US sanctions.

The new sanctions are aimed at blocking Iran’s international transactions and its access to food and medicine.

Iran and Turkey have agreed to launch direct train services between Tehran and Ankara.

Kazakhstan Prime Minister in a meeting with Iran’s Communications and Information Technology Minister underlined the need for the expansion of bilateral relations between the two countries. specially in technical fields.

Many countries in the world are establishing trade relations based on local currencies thanks to the US unilateral sanctions against some counties. adding that Iran is following suit to circumvent SWIFT limitations.

Kazakhstan’s Eurasian National University. in a joint project with Tehran-based Allameh Tabatabai University of Iran. opened the Iran-Kazakhstan Economic Studies Center.

Hamid Zadboom. Caretaker head of Trade Promotion Organization of Iran (TPOI) announced on Tuesday that the 27th meeting of Iran-Turkey joint economic commission is to be held on September 18-19 in Ankara.