Energy Economy

Pakistani Prime Minister’s Advisor Abdul Razak Dawood said on Tuesday that his country is willing to enhance trade and economic cooperation with Iran. despite the United States'. unilateral sanctions.

OPEC+ account for nearly 49 million of the 84 million bpd of global crude.

Tehran and Moscow must crank up the volume of bilateral trade. saying that even last year’s spike in the current of commercial interactions between the two countries does not fit the huge potentials.

Washington has also dispatched additional forces to the region in recent weeks after accusing Tehran of threatening shipping there.

Iranian and Russian sides. in an important decision made in Tehran. agreed on lower tariff rates for a number of 800 goods and commodities. in a bid to further bolster trade ties between the Islamic Republic and North Caucasus region.

Iran says its decision to reduce commitments to the JCPOA is within its rights under the agreement.

Presidents of Iran. Russia. and Azerbaijan will convene in the Russian resort city of Sochi in August to further work on ways to boost tripartite cooperation to form a strong regional bloc of trade and transit.

Iranian and Russian officials. businessmen. and economic activists started two 3-day economic events in the Iranian cities of Tehran and Isfahan in a bid to discuss avenues for bolstering economic relations.

The two sides met on Friday on the sidelines of the 19th Summit of Shanghai Cooperation Organization (SCO) in Bishkek. the capital of Kyrgyzstan.

Tehran has developed new methods for countering US’ unilateral sanctions. adding that the new plans are being further calibrated to yield better results for the country’s economy.