Tag Archives: Trade

Latest official reports from Iranian authorities show that the country’s export has preponderated over its imports in the second quarter of 2019. indicating that Tehran’s economic policies to cushion Washington’s unilateral pressures are bearing fruit.

Tensions in the Middle East have heightened in the wake of attacks on tankers and U.S. drones.

In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.

Pressure has mounted on China to develop soybean importing channels after its trade relations soured with the US.

The Americans have not achieved any success against Iran.

There is large uncertainty surrounding demand .

Minister of Industry. Mine and Trade Reza Rahmani voiced Iran’s readiness to give special incentives for participation of foreign investors in the country’s various industries and mining sector.

In the mining sector alone. there is a capacity of over 50 billion tons of minerals in Iran ready to be extracted.

Central Bank of Iran’s forex market will be inaugurated later than the predetermined date i.e. August 12. 2019. an official from the central bank (CBI) said.

China has traditionally played a small role in Middle East conflicts or diplomacy despite its reliance on regional oil.