Trade volume exchanged between Islamic Republic of Iran and Eurasian Economic Union (EEU) exceeded $1.4 billion after the implementation of Preferential Trade Agreement (PTA) on Oct. 27, 2019.
Read More »Goods Loading, Unloading Operations at 55% Decline Amid Coronavirus Outbreak
Loading and unloading operations of goods at Iranian ports have registered a 55 percent decline since the beginning of the current year [started March 20, 2020] up to the present time due to the spread of coronavirus, also known as COVID-19.
Read More »Six Wells Drilled by NIDC in Half a Month
During the first 15 days of the new Iranian calendar year which began on March 21, the National Iranian Drilling Company (NIDC) has drilled six oil and gas wells.
Read More »IAEA to Send Two Rapid Coronavirus Testing Devices to Iran
Iran’s ambassador and permanent representative to the International Atomic Energy Agency says the IAEA will soon send two rapid coronavirus diagnostic test devices to Iran. Kazem Gharibabadi said following consultations between the two sides, the International Atomic Energy Agency decided to send two RT-PCRs to Iran. “In addition to these …
Read More »Russians Open Door to Talks, as Saudis Charge Ahead with 12 MMbpd Output
Saudi Arabia showed no sign of bowing to pressure from President Donald Trump to dial back the oil-price war with Russia as the kingdom pushed crude supply to record levels.
Read More »PKK Claims Responsibility for Iran-Turkey Gas Pipeline Explosion
The Kurdistan Workers’ Party (PKK) has claimed responsibility for the Tuesday blast in the strategic pipeline delivering Iranian natural gas to Turkey.
Read More »Official Announces Many EU States’ Support for Iran’s $5b Loan Bid from IMF
Iran's Vice President for Economic Affairs Mohammad Nahavandian said many EU states back Iran's $5b loan bid from the International Monetary Fund, as the country is fighting coronavirus epidemic.
Read More »Iran’s Government to Allocate over $23bln to Protect Coronavirus-Hit Industries
Iran's Minister of Industry, Mine and Trade Reza Rahmani informed of allocating 100,000bln Tomans (over $23bln) for the protection of the production centers harmed by the coronavirus epidemic.
Read More »Germany: INSTEX Successfully Concludes First Transaction with Iran
The German Federal Foreign Office confirmed that the first transactions between Europe and Iran has successfully been concluded through the Instrument in Support of Trade Exchanges (INSTEX). A European payment system set up by Germany, France and the UK for trade with Iran, INSTEX has been designed to circumvent US …
Read More »China’s Air Treatment Market to Reach $6bn Revenue Due to Coronavirus
Improving outdoor air quality in China is said to be reducing demand for air treatment systems across the country.
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