Energy Economy

Italian traders and businessmen seem strongly determined to preserve their trade ties with Iran.

The usury-free banking law was initially planned and ratified by the Parliament in 1983 and was to be reviewed after fives years from its ratification.

Iran’s neighboring countries import $1.000 billion worth of products annually. so Iran has high capacity to export $100 billion worth of products to neighboring states.

Since Europeans have not taken any specific measure to fulfill their obligations to Iran nuclear deal. Iran will take its fifth step in scaling down its commitments to the deal.

The National Iranian Copper Industry Company (NICICO) announced that it has registered a higher demand than current supply and output levels in the country.

The value of trades at Iran Energy Exchange (IRENEX) has reached 330 trillion rials since the beginning of the current Iranian calendar year.

Iran’s Southeastern province of Sistan and Baluchistan has exported $772.959.515 worth of non-oil products in the first 9 months of the current local calendar year.

the One Belt. One Road initiative of Chinese President Xi Jinping has positively contributed and bolstered bilateral ties between Tehran and Beijing.

An important rail passage between Iran and Afghanistan will be ready in the next 100 days as construction of a key cross-border line is nearing completion.

Chairman of the Iranian Parliament’s security commission said the evaluation of the two remaining FATF-related bills. namely the Palermo and CFT. has not been pushed off agenda of the Expediency Council.