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Shahid Rajaei port is the biggest and the most equipped port of its kind that covers 80 percent of container operations in Iran.

Iran and Russia have a long history in trade cooperation.

The US has held four UN Security Council meetings against Iran since last year.

Even if Iran’s oil exports is driven to zero. non-oil exports can compensate financing currency requirements of the country.

Iran’s first Exhibition of Opportunities of Domestic Production and Boosting Production will be held late in July. a senior official said. adding that the country is to ease relations between industrialst. manufacturers. and technology firms.

Imports stood at 13.8 million tons worth $16.89 billion. down 16.72% and 23.29% in tonnage and value respectively YOY.

Iran has condemned the move as ``maritime piracy`` and summoned Britain’s ambassador in protest.

The minutes include forming a central committee for the tripartite cooperation.

OPEC member countries discussed the issue of cutting oil production at the session on July 1.

Mr Barkindo was first elected as Secretary General of the bloc in 2016.