Energy Economy

A recent decision by the three European parties to the 2015 nuclear deal. known as the Joint Comprehensive Plan of Action (JCPOA). to trigger the so-called snapback mechanism will not be implemented.

Europe’s refusal of fuel delivery to Iranian aircrafts in some European airports in recent days under the excuse of US sanctions imposed against the Islamic Republic of Iran.

Foreign Direct Investment (FDI) in the country registered a 50 percent growth in the 10 months of the current Iranian calendar year.

A senior official at the Swiss State Secretariat for Economic Affairs (SECO) said many companies have voiced readiness to engage in trade with Iran following the opening of a financial channel earlier this week.

Indicated that totally 7.797.000 tons of steel ingots and products were exported from the country in the first nine months of the current year. showing a 46 percent growth as compared to the same period of last year.

A gauge of the nation’s stocks plunged almost 8%. commodity futures from iron ore to crude sank by the daily limit. and the yuan weakened past a key level against the dollar.

The amount of medicine and medical equipment imported in the first ten months of the current Iranian year.

Iran enjoys a high capacity to export $31 billion worth of products to the neighboring countries of Iraq. Afghanistan and Pakistan.

Iran enjoys high potential to export up to $20. $6 and $5 billion worth of products to Iraq. Afghanistan. and Pakistan respectively.

On January 5. Iran announced that it is taking the last and final step to stop its commitments to the JCPOA.