5 Countries Account for 74% of Iran Exports in Q1
Head of Iran Trade Promotion Organization says China, Iraq, the UAE, Turkey and Afghanistan have been the major destinations for Iran’s exports in the first quarter of the year as these five countries accounted for 74 percent of Iran’s total export in this period.
Iranian Industrial parks lack 8GW of electricity
The deputy head of Iran Small Industries and Industrial Parks Organization (ISIPO) has said the country’s industrial parks currently lack 8,000 megawatts (MW) [eight gigawatts] of electricity which could be provided through small-scale power plants.
Steel exports rise 128% in 3 months yr/yr
Iran's major steel producers exported over 2.78 million tons of steel during the first three months of the current Iranian calendar year (March 21-June 21), which was 128 percent more than the figure of the same period of time in the past year.
Bank loans to economic sectors up over 71% in 3 months
Iranian banking system has paid 4.976 quadrillion rials (over $118.4 billion) of facilities to domestic economic sectors in the first three months of the current Iranian calendar year (March 21-June 21), registering a 71.3-percent rise from the same period in the previous year, IRNA reported.
Transport, urban development projects worth over $5.1b inaugurated
President Hassan Rouhani on Thursday inaugurated several major transportation and urban development projects worth 214.23 trillion rials (over $5.1 billion) across the country through video conferencing, IRNA reported.
Talks for Boosting Iran-Kazakhstan Trade Volume
Director of Bureau for the Central Asian Affairs of Iran Trade Promotion organization says due to gradual lifting of pandemic-related restriction and continuation of holding trade events between Iran and Kazakhstan as well as expansion of marine and rail transportation, the trade volume of Iran with the EAEU states and especially with Kazakhstan will enhance this year.
U.S. waivers Iranian oil trade, allowing access to frozen assets in S.Korea, Japan
The U.S. State Department has waived sanctions on Iran's oil trade allowing the Islamic republic to access its frozen funds in South Korea and Japan to use them for importing goods from the mentioned countries, the Washington Free Beacon reported.
Quarterly tire production rises 10% yr/yr
The number of tires produced in Iran has risen 10 percent during the first quarter of the current Iranian calendar year (March 21-June 21), compared to the same period of time in the past year.
Exports of medical, edible herbs reach $49m in Q1
Iran exported 29,000 tons of medicinal, edible, decorative and industrial herbs and plants valued at over $49 million in the first three months of the current Iranian calendar year (March 21-July 21), a senior official at Iran’s Trade Promotion Organization (TPO) said.
Power plant construction permits issued for big industries
The managing director of Iran’s Thermal Power Plants Holding Company (TPPH) announced that the necessary permits for the construction of the power plants were issued for the big industries.