Tag Archives: Iran

Governor of Iran’s Central Bank aid that Tehran’s policies have fruited result and the country is now enjoying a stable economy 16 months after US President unilaterally withdrew Washington from the nuclear deal and later imposed tough sanctions against.

Iranian Foreign Minister Mohammad Javad Zarif. in a Twitter post. reminded his American counterpart Mike Pompeo that Tehran will keep selling oil to any and all buyers despite all Washington’s pressures through piracy and threats.

Governor of Iran’s Central Bank (CBI) Abdolnaser Hemmati said that the CBI will start implementing its first round of open market operation (OMO) policies by the end of the current month.

Iran will reportedly open a branch of its Bank Pasargad in India in the next 2-3 months to help boost trade between the two nations to bypass the US unilateral economic sanctions which have blocked international banking channels.

According to the data released by IRICA. the value of trade between Iran and Oman has increased to $870 million during the first seven months of this year from $557 million in the same period of time in the past year.

Iran’s Ambassador to Russia and chief of the EEC. in a meeting in Moscow. exchanged documents to finalize an agreement between Tehran and the EAEU to form a free trade zone and offer preferential tariffs since October 27.

Iranian Ambassador to Yerevan Kazem Sajjadi and Armenia’s Minister of Territorial Administration and Infrastructure Suren Papikyan exchanged views on ways to bolster energy cooperation between the two neighboring countries.

Iran’s Oil Minister said that Tehran is increasing its revenues from oil derivatives after the US imposed sanctions on the country’s crude exports. adding that Iran eyes to produce over 100 million tons of petrochemicals a day by 2021.

Turkmenistan is the top trade partner of Iran’s Northeastern province of Khorasan Razavi. and the country is working on establishing a new border crossing for increasing the volume of trade with Iran. a local official said.

According to the source. the tanker will be unloaded at the port after its arrival.