Tag Archives: Sanctions

Iran'.s exports in the current circumstances are astonishing.

The Financial Action Task Force has given Iran until February to enact the Palermo and terrorist financing conventions.

The National Iranian Oil Company (NIOC) announced that it will soon disclose further details on a newly discovered oilfield in the Southwestern province of Khuzestan. where the NIOC has already found a giant oil reserve that was declared in last month.

With around 160 kilometers left. the pipeline is designed to transport natural gas from Russia to Germany through the Baltic Sea.

Russia is expecting the Nord Stream 2 pipeline to be completed very soon in spite of the obstacles.

The total value of imports into Iran between March and November 2019 had stood at $28.3 billion.

The country’s steel sector has been making progress under US sanctions.

India is determined to expedite the development of Chabahar port in Iran’s Southeastern province of Sistan and Baluchistan.

Iran success in exporting non-oil exports despite banking restrictions imposed by the US is astonishing.

Joining FATF is an advantage for domestic banking system since it lubricates banking transactions with a higher level of clearance.