Borders of Iran, Turkmenistan and Uzbekistan will be reopened on June 1 which had been closed due to the outbreak of the novel coronavirus, also known as COPVID-19.
Read More »Iran’s Non-Oil Exports Booming as Corona Fading Away
Governor of Central Bank of Iran [CBI] Abdolnaser Hemmati said that Iran’s non-oil export is booming as the coronavirus global pandemic is fading away.
Read More »Iran Vows Retaliation in Case Its Oil Tankers Seized by US
Iranian Foreign Ministry Spokesman Abbas Mousavi condemned the US’ threats against free trade, warning that any seizure of Iranian tankers will be retaliated. “Free trade between independent states is legitimate, and what is illegal is interference in these relations and the US is standing at the forefront of that. Trump’s …
Read More »Saudis React to Economic Squeeze
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 »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel