Energy Economy

Iranian Interior Minister Abdolreza Rahmani Fazli criticized the European countries for not following through with their economic commitments to Tehran.

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.

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.

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.

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.

Turkish companies are more inclined to invest in Iran than any other foreign companies.

The deal. once approved. will make OVO the second largest energy supplier in the UK.

The grant will support the next stage of the development of Marine Power Systems’ WaveSub device.

Small industries in Iran have exported products valued at over one billion euros in the first five months of the current Iranian calendar (21 Mar. – 22 Aug.).

Washington may now better understand the realities of Iran.