Tag Archives: Fars News Agency

The National Development Fund of Iran had already been impacted by the US sanctions. and the new round of Washington’s bans against Tehran will have no influence on the activities of the entity.

Abdolnaser Hemmati said that the recent US move to re-impose sanctions against the CBI. which has been already sanctioned. proves that Washington is left with no leverage to pose further pressure against Tehran.

Iran’s national currency. the rial. has kept its value against other currencies. signaling strength in the face of the new rounds of US sanctions against Tehran which were announced on Friday.

Abdolnasser Hemmati said that his country’s non-oil economy recorded a 0.4% growth in the first 3 months of the current Persian calendar year (March 21-June 21). adding that it showed that Tehran has contained the negative impacts of US sanctions.

Kazakhstan Prime Minister in a meeting with Iran’s Communications and Information Technology Minister underlined the need for the expansion of bilateral relations between the two countries. specially in technical fields.

The 14th International and Specialized Electricity Industry Exhibition is underway in the Southern Iranian city of Shiraz. and officials say that there is a 25% rise in the number of companies participating in this edition of the event.

The petrochemical industry of Iran has focused on domestic manufacturers and contractors in implementing its projects.

Many countries in the world are establishing trade relations based on local currencies thanks to the US unilateral sanctions against some counties. adding that Iran is following suit to circumvent SWIFT limitations.

Kazakhstan’s Eurasian National University. in a joint project with Tehran-based Allameh Tabatabai University of Iran. opened the Iran-Kazakhstan Economic Studies Center.

Iranian Energy Minister Reza Ardakanian said that his country has sealed a new agreement with Turkey to increase the volume of electricity exports to its neighboring country. adding that Tehran and Ankara will resume electricity swap.