Rouhani: Government Won’t Allow Sanctions to Hinder Development
Rouhani said on Tuesday that the government will not allow the economic problems caused by the sanctions and coronavirus outbreak to affect the country’s economic development.
Oil Prices Recovered on Falling US Dollar
Oil prices recovered on Tuesday, erasing overnight losses, as investors moved into risk assets and away from the safe-haven US dollar which tumbled to multi-year lows.
Iran Calls for Closer Ties with Uzbekistan
Iran’s president called for closer cooperation with Uzbekistan in various fields, especially amid the outbreak of the coronavirus pandemic.
Novo Nordisk of Denmark Unveils Insulin Production Line in Iran
The world's top insulin-maker, Novo Nordisk of Denmark, has unveiled a production line of the drug in Iran, the Iranian health minister said.
EAEU Agreement, a Test of Preparedness for Trading with World
The head of Iran’s TPO said that an agreement inked between Iran and EAEU is a test to prepare infrastructures for trading with the world.
TPO: Nearly 88% of Cross-border Customs Offices Operating
Deputy head of Iran’s Trade Promotion Organization (TPO) said approximately 88 percent of Iranian cross-border customs offices are open for trade exchange and passengers’ travel.
IME Trade Tops $1.6b This Week
Iran Mercantile Exchange (IME) announced on Monday that 886,179 tons of commodities, valued at over $1.64 billion, were traded in its domestic trading and export halls.
Iran to Offer Full Subsidy on Electricity for Millions of Households
Iran is to offer full subsidy on electricity used by millions of households, according to the country’s energy minister.
Asian Shares Reach 29-month Top with Strong China Shares in Service
Asian shares notched a 29-month high on Monday as investors wagered monetary and fiscal policies globally would stay super simulator.
$713m Trade Deficit Reported for Fifth Month of Iranian Year
Iran Customs Administration (IRICA) updated its monthly trade figures with a spokesman saying that imports outpaced exports by $713 million in the month to August 21.