Tag Archives: Iran

Lawmaker Hojjatoleslam Seyyed Mohammad Bagher Ebadi said that Leap in Production is the best way to counter economic plummet amid COVID-19 outbreak. The government should promote economic and political ties with Eurasian and neighboring countries, he said and added, There is a great capacity in the region and Iran should …

Exports from East Azarbaijan Province in Northwestern Iran have considerably increased during last Iranian year (ended March 19, 2020), a provincial official said.

The Commander of Maritime Guards in Hormozgan said that 155,000 liters of smuggled fuel along with 11 ships have been confiscated in the province.

The deal covers the group's production level by the next 2 years and will be implemented in 3 stages.

OPEC+ had just struck a deal to cut the group’s output by 10 million barrels per day (including 300,000b/d by US) in May and June 2020.

Head of Bazargan Customs Administration Sadegh Namdar announced that Bulgaria's eight-ton consignment including anti-coronavirus medical requirements arrived in Iran through the border with Turkey at Bazargan crossing.

According to the World Trade Organization (WTO), the global trade of goods will register between 13 and 32 percent decline in 2020 due to COVID-19 outbreak.

Iran’s First Vice-President Eshaq Jahangiri said on Saturday that the Iranian economy grew last year despite all the pressures on the country.

Governor of the Central Bank of Iran Abdolnasser Hemmati said the banking system has developed supportive plans to control the negative economic consequences of coronavirus especially for vulnerable strata.

According to an official with the Atomic Energy Organization of Iran, Bushehr nuclear power plant will temporarily stop its output based on annual plans for changing fuels, doing inspections, and performing periodical repairs.