Tag Archives: Iran

Syrian Minister of Petroleum and Mineral Resources Ali Ghanem said that self-sufficiency has been one of the positive aspects of the US imposed sanctions on Iran.

SCI announced that figures from the last month of the local calendar show that point-to-point inflation rate has decreased by 6.6 percent in comparison with a month earlier. signaling that the country is doing well in the face of the US sanctions.

Governor of the Central Bank of Iran Abdolnasser Hemmati underlined ineffectiveness of the US sanctions against the country. specially the new embargos against the CBI.

A senior Iranian petrochemical official said that the country’s investment in the petrochemical industry would reach 93 billion dollars by 2025.

Iran has exported some $3.9 billion worth of goods and services to neighboring Iraq in the first five months of the current Iranian year which started on March 21. which marks a 13% increase. an official said.

The Iranian Oil Minister Bijan Zangeneh has said that the petrochemical output is increasing despite the US sanctions.

The Director General of Sistan and Baluchestan Ports and Maritime Organization Behrouz Aghaei said on Monday that 29 domestic and foreign companies have voiced readiness to invest in Shahid Beheshti Port of Chabahar.

All developed countries try to provide a safe environment for foreign investors through increasing incentives.

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.

Vice President for Science and Technology Sorena Sattari said that some domestically-produced drones are better than their foreign versions.