Iran, Eurasia PTA to Enhance Regional Peace
The preferential trade agreement (PTA), signed between Iran and Eurasia Economic Union (EEU), will benefit regional peace.
South Korea to Unblock Parts of Iran’s Frozen Money
A senior Iranian trade official said South Korea has agreed to unblock parts of Iran’s frozen money kept by Seoul due to the US economic sanctions.
Iran Blasts Fussing about Iran-China Comprehensive Partnership Plan
Spokesman of Ian’s Foreign Ministry Seyyed Abbas Mousavi criticized disinformation tactics used against the Iran-China Comprehensive Strategic Partnership plan.
Deeper Recession to Hit EU from Pandemic
The eurozone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European Commission forecast on Tuesday.
Car Manufacturing Growth at 31%
According to statistics, 90,306 passenger cars were manufactured in the previous month of the current year (May 21 to June 20), showing a 31 percent growth as compared to the last year’s corresponding period.
Iran’s Renewable Power Production Hits 825 MW
Iran’s capacity for renewable power production reached 825 megawatts, according to the data released by Renewable Energy and Energy Efficiency Organization.
Japan’s Household Spending Falls amid Pandemic
Japan's household spending fell at the fastest pace on record in May as consumers heeded authorities' calls to stay home to contain the coronavirus pandemic.
Export of Face Masks Banned
The export of face masks made in Iran is banned for now given a surge in the coronavirus cases and the growing demand for masks inside the country, an official said.
Britain, EU Urged to Sort Out Financial Market Access
Britain and the European Union need to make progress on EU financial market access given that the coronavirus crisis will make it even harder to cope with potential disruption if there is no agreement, banking lobby AFME said on Monday.
Chabahar to Replace Suez Canal
An official of Iran’s port of Chabahar (southeast of the country) has said the gateway will soon outshine the Suez Canal in providing a quicker trade link between Europe and Asia.