The Director General of Khorramshahr Ports and Maritime Organizations said that loading and unloading of cargo in Khorramshahr Port registered a 38% growth from March 21 to August 21. as compared to the last year’s corresponding period.
Read More »Iran Poised to Further Indigenize Industrial Needs
Iran’s Minister of Industry Reza Rahmani announced that his country is planning to lower the imports of machinery and equipment used in major production lines. in a bid to further indigenize manufacturing capabilities in the face of the US sanctions.
Read More »Top Gov’t Council Extends CBI’s Authorities to Manage Foreign Currencies Market
The Supreme Council of Economic Coordination decided to extend the authority of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the foreign currency market.
Read More »Iran Raps Europe for Not Delivering on Economic Promises
Iranian Interior Minister Abdolreza Rahmani Fazli criticized the European countries for not following through with their economic commitments to Tehran.
Read More »Russia. Iran Coordinating Their Payment Systems as SWIFT Alternative
Russia and Iran are organizing cooperation between the Russian financial messaging system and Iran'.s Electronic Financial Messaging System (SEPAM) as an alternative to making payments through SWIFT.
Read More »Non-Oil Exports Up by 6%
The Plan and Budget Organization of Iran (PBO) announced that the country’s non-oil exports. including petrochemicals and condensates. exceeded $44 billion in the year ending March 2019. posting a 5.9% rise in comparison with figures from 2013.
Read More »Iran. EAEU to Enjoy Tariff-Free Trade for 850 Items
Reza Ardakanian said that his country’s membership in the Eurasian Economic Union (EAEU) has brought in many advantage for Tehran. including tariff exemptions on 850 items of goods.
Read More »Iran Eyeing Further Trade with Tajikistan
Iranian Ambassador to Dushanbe Mohammad Taqi Saberi expressed his country’s readiness and willingness for expanding bilateral ties with Tajikistan in areas of commerce and economy.
Read More »Turkish Firms Keen on Investing in Iran
Turkish companies are more inclined to invest in Iran than any other foreign companies.
Read More »SSE Sells Retail Arm to OVO Energy in £500m Deal
The deal. once approved. will make OVO the second largest energy supplier in the UK.
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