Saudi Arabia and the UAE introduced the five percent Value Added Tax (VAT) in January of 2018, a first for the Persian Gulf region which had long prided itself on its tax-free, cradle-to-grave welfare system. On the same day, Saudi Arabia announced a petrol price hike of 127 percent.
Read More »Trade Exchange Between Iran, Venezuela has Nothing to do with Anyone Else
Iranian Government Spokesman Ali Rabiei said that trade volume exchange between Islamic Republic of Iran and Venezuela, as two independent countries in the world, has nothing to do with anyone else, and the Islamic Republic of Iran will not hesitate to sell its oil.
Read More »JCPOA was Implemented Only by Iran
The Joint Comprehensive Plan of Action (JCPOA) between Iran and the 5 + 1 group was implemented only by Iran, said Chairman of the Iranian parliament’s national security and foreign policy committee Mojtaba Zonnour, Trend reports citing Mehr news agency. According to Zonnour, one of the important goals of the …
Read More »Iran, Turkey to Cooperate on Manufacturing Wind Turbine Blades
Head of Iran's Materials and Energy Center (MERC) announced on Sunday that Iran and Turkey are to jointly start designing, manufacturing and testing of new wind turbine blades.
Read More »Transactions in Trade Channel INSTEX not Convincing for Iran
Iranian Deputy Foreign Minister for the Economic Diplomacy Affairs said Gholamreza Ansari said that trade transactions through EU trade mechanism with Iran dubbed INSTEX is not convincing for the Islamic Republic of Iran at the present condition.
Read More »Talks Underway with Iraqi Side to Reopen Mehran Border Amid Pandemic
The Director General of Ilam Customs Office said that talks continue with Iraqi customs officials for reopening Mehran Trade Border.
Read More »Nuclear Deal Opponents Helpless, Ignorant
Russia's Permanent Representative to International Organizations in Vienna Mikhail Ulyanov termed the opponents of the 2015 nuclear deal, also known as Iran deal, ignorant and helpless.
Read More »Zarif, Zanganeh Offer Condolences on Passing of Iran OPEC Governor
Foreign Minister Mohammad Javad Zarif and Oil Minister Bijan Namdar Zanganeh have offered commiserations on the passing of Iran’s OPEC Governor Hossein Kazempour Ardebili. Kazempour Ardebili, 68, passed away in a Tehran hospital on Saturday two weeks after he slipped into a coma due to a brain haemorrhage. In a …
Read More »World Telecommunication Day to Be Held Online Amid COVID-19
Information Technology Organization of Iran said that World Telecommunication and Information Society Day will be held online this year due to the outbreak of coronavirus global pandemic, COVID-19.
Read More »Tehran, Moscow Discuss Eties Amid Covid-19 Pandemic
In a phone talk between Iranian envoy to Moscow Kazem Jalali and Deputy Minister of Energy Anatoly Tikhonov, the two sides discussed expansion of mutual economic ties under the coronavirus pandemic.
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