Energy Economy

The Director General of Ports and Maritime Organization revealed the signing and sealing of a cooperation agreement between Iran and Oman in the field of cargo and passenger maritime transport with low tariff rates.

Iranian ambassador to Moscow Kazem Jalali and Russian President Vladimir Putin'.s special envoy Zamir Kabulov met and held talks on expansion of economic cooperation.

The plant’s polypropylene output was 13% higher year on year during the period.

An Iranian official said an accord between Tehran and the Eurasian Economic Union (EAEU) countries will turn into a free trade agreement within the next two or three years.

Russian Deputy Foreign Minister Sergey Ryabkov named US’ policies against Iran and reliance of EU countries on the US as the main causes for low chance of JCPOA survival.

Iran and Russia should cooperate on repelling Washington'.s economic terrorism since the United States has hit both countries with sanctions.

Russia is always ready for dialogue and seeks good relations with the United Kingdom. but does not see any London’s steps in this direction. Kremlin Spokesman Dmitry Peskov told reporters.

Iran produced 25.0 Mt in 2018. showing a 17.72% increase compared to 2017 (21.2 Mt).

Iranian Deputy Industry. Mine and Trade Minister Hossein Modarres Khiabani said that the country'.s trade balance stands at $65bln in the past 9 months despite the US sanctions.

Commander of Basij (volunteer) forces Brigadier General Gholamreza Soleimani said that the US policy of maximum pressure against Iran has failed and the country'.s economy is improving.