Tag Archives: Mehr News Agency

Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati says the country’s economy is more stable now compared to last year as inflation rate loses momentum.

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.

There was currently a supply glut in the global oil market which was caused by the US shale boom.

The Defense Ministry carries out its research activities on launching satellites and rockets in accordance with a well-established program.

Iran’s first domestically-produced. drive-through X-ray system was launched at Bazargan Customs in a ceremony attended by Economy Minister Farhad Dejpasand.

Iranian and Armenian officials met in Yerevan to explore the ways to boost bilateral economic ties. including the banking transactions.

Iranian Ambassador to Tokyo Morteza Rahmani Movahed announced on Tuesday that to increase economic ties between Iran and Japan. efforts are made to define a special mechanism to facilitate financial transactions between the two sides.

The Iranian Oil Minister Bijan Namdar-e Zanganeh has said that the country can lift its crude oil production to the level before the US sanctions in less than 3 days.

On the occasion of the Government Week in the current year (started March 21. 2019). Minister of Energy Reza Ardakanian inaugurated a 7-megawatt solar power plant in Abhar. Zanjan province.