Tag Archives: Sanctions

Iran’s non-oil trade with the world surpassed $42 billion in the first 6 months of the current local calendar year. Head of Iran'.s Customs Administration Mehdi Mirashrafi said.

Iran Oil Minister Bijan Zangeneh told Sputnik that export of oil is Iran'.s legitimate right and for doing that the country would employ any methods and would not give up in the face of US sanctions.

Governor of the Central Bank of Iran announced that his country’s national currency the rial has regained over 40 percent of its value. to Washington’s disappointment as the US is trying to damage Tehran’s economy with unilateral sanctions.

Iran’s Deputy Transportation Minister Shahram Adamnejad announced that the country’s largest airline IranAir has posted an operating profit for the last local calendar year ending on March 20. 2019.

Iranian Minister of Industry. Mine and Trade Reza Rahmani said that his country is planning to further decline the volume of imports by 2021. in a move to increase national economy’s resistance to US-posed pressures.

Iran has ended cooperation with the Chinese CNPC company after lagging in completion of the development of the phase 11 of South Pars oil and gas field. Oil Minister Bijan Namdar Zanganeh announced.

Iran'.s giant car-maker Iran Khodro manufactured a home-made engine named EC5 which can reduce fuel consumption in Peugeot 301 passenger cars.

Eight foreign banks have signed up for the Russian version of the worldwide payments system Swift. launched to bypass US sanctions. according to the Central Bank of Russia.

Iranian Oil Minister Bijan Namdar Zanganeh dismissed concerns in the energy market that his country might not be able to export its oil amid the US harsh sanctions.

Iran launched its first research rocket on Feb. 4. 2009.