Energy Economy

Iran resumed exports of non-oil goods to Iraq from Chazabeh border. Khuzestan province.

Iranian Parliament Speaker Ali Larijani said that the European Union is only paying lip service to its commitments under the Joint Comprehensive Plan of Action (JCPOA).

Iranian President Hassan Rouhani condemned the Financial Action Task Force’s decision to blacklist Iran. saying the move will be used to justify the intensification of inhumane sanctions on the country.

Statistics showed that Foreign Direct Investment (FDI) hit $831 million in the first nine months of the current Iranian calendar year.

As Iran seeks to reduce dependency on foreign companies. Khatam-al Anbiya Construction Headquarters and Isfahan Steel Company signed a deal for the production of 5000 tons of railway lines.

A downward trend in the inflation rate in Iran and the improvement in the country’s non-oil economic growth will continue in the next Iranian year (starts on March 20). a deputy governor of the Central Bank of Iran said.

Turkish state lenders flooded the market with dollars on Thursday to help take the edge off a deepening lira rout amid concern the country is edging closer to a military conflict with Russian-backed forces in Syria.

The Director General of Iranian Road Maintenance and Transpiration Organization for Intl. Transport and Transit Office Manouchehr Salmanzadeh said on Sun. that products are exported via all Iranian and Iraqi borders except Mehran Border.

Despite FATF act of blacklisting Iran and outbreak of coronavirus in the country. Tehran Stock Exchange’s (TSE) main index (TEDPIX) increased 3.111 points to 481.867.

The Iraqi Border Crossing Authority said that trading activities and imports from the Islamic Republic is still underway.