Tag Archives: Iran

The United States'. unilateral sanctions against Iran have failed to block export of copper from the country.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati underlined the need for the EU to purchase Iranian crude to finance the Instrument in Support of Trade Exchanges (INSTEX).

The National Iranian Oil Company (NIOC) announced that it is due to offer 2 million barrels of crude oil in the international ring of the Iran Energy Exchange (IRENEX) on Tuesday.

Free trade zones in South and North of Iran can serve as the gates of entry and exit for transiting Indian cargoes destined for Eastern and Northern Europe with helpful economic expemtions.

Iran has witnessed an increase by 19.130 tons in its exports from the Southwestern port city of Abadan in the last 3 months. which means a year-on-year growth by 107%.

Statistical figures show that. despite US economic pressures against Tehran. Iran'.s export from the rail port of Sarakhs. North-East of the country. to the Central Asia has doubled in the past three months.

Non-oil exports from the Northern Iranian province of Ardabil show a 30% year-on-year rise in the last three months. Director General of Road Maintenance and Transportation in Ardebil province Ali Rahmati declared.

Iranian Deputy Energy Minister and Armenian Deputy Prime Minister in a meeting exchanged views on ways to increase energy cooperation between Tehran and Yerevan. particularly extending the power grid between the two neighboring countries.

Iran and Austria have witnessed one of the most active periods of bilateral economic relations after the landmark nuclear deal. officially known as the Joint Comprehensive Plan of Action (JCPOA). was signed on July 14. 2015.

Iran is content with the current oil price but the country under US sanctions wants to boost oil exports.