Officials from Iran. Iraq and Syria signed an agreement to further increase the joint projects of the trio for developing trilateral transportation infrastructures.
Read More »Tehran. Baku Determined to Broaden Economic. Trade Ties
Iranian and Azeri officials in a meeting conferred on ways to further increase cooperation and reinvigorate relations between the two neighboring states amid the US sanctions against Tehran.
Read More »INSTEX Should Guarantee Financial Transactions for Iran`s Crude Sales
The Europe-proposed Instrument in Support of Trade Exchange (INSTEX) should provide a comprehensive channel for financial transactions with the European states to wire back Iran'.s crude revenues.
Read More »Iran’s YOY Trade Flow to Iraq Rise by 37%
Iran has exported some $13 billion worth of goods and services to neighboring Iraq in the last local calendar year (March 21. 2018-March 20. 2019). which marks a 37% increase in a year-on-year comparison.
Read More »Iranian Minister Content with New OPEC Decisions
Iran is satisfied with the new decisions made in the recent meeting of the Organization of the Petroleum Exporting Countries (OPEC). including an extension to supply cuts to the global market and the exemption for Tehran.
Read More »US Opposition Unable to Affect Ties with Iran
Governor-General of Sulaymeniyeh Haval Abu Bakir underlined that the Iraqi Kurdistan region is determined to further expand ties and cooperation with Iran irrespective of Washington'.s opposition.
Read More »World’s Airlines Returning to Iran’s Airspace. Ignoring US Warnings
The airlines that had rerouted their flights to keep away from Iranian skies after a NOTAM (notice to airmen) issued by the US are now returning to their conventional routes through Iran’s airspace as they are safer and more economical.
Read More »Iran`s Demands Not Met by INSTEX
Iranian Deputy Economy Minister Mohammad Ali Dehqan Dehnavi said that the Europe-proposed Instrument in Support of Trade Exchanges (INSTEX ) has failed to meet Iran'.s expectations. calling on the European states to compensate for their deficiencies.
Read More »US Weighing Extension of Iran Oil Waiver After China`s Defiance
The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran. violating the Trump administration’s earlier pledge to bring Iranian oil exports down to zero. according to a report.
Read More »OPEC Existence Main Concern for Iran
Iranian Minister of Petroleum Bijan Zangeneh told reporters ahead of the 176th OPEC meeting in Vienna that the existence of the OPEC was the main issue for Iran in the meeting.
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