Tag Archives: Iran

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.

Spokesman of Iranian Ministry of Energy Mostafa Rajabi Mashhadi said that the country exported more electricity to neighboring countries this year as compared to last year.

Iran’s first vice president says new economic programs are required in order to tackle the repercussions of the coronavirus outbreak. Es’haq Jahangiri said Saturday the COVID-19 epidemic affects people’s health and has economic and social consequences. “The most important responsibility of the Ministry of Economic Affairs and Finance is to …

Shazand Imam Khomeini Oil Refinery supplied 5.2 billion liters of Euro-4 petrol over the course of the previous Iranian calendar year which ended on March 19.

All the refineries processing South Pars gas output are operating normally and there is no drop in their output despite the coronavirus outbreak, an official with the South Pars Gas Complex said.

A South Korean foreign ministry official, on Friday, informed of his country's resumption of humanitarian exports to Iran.

The assistant for economic affairs at the Trade, Industry and Mining Development Corporation of Ilam province , Saeed Sharifi announced on Saturday that during the last Iranian year (ended 19 March 2020), one billion and 183 million dollars of goods were exported to Iraq through Mehran international borders. According to …