IRGC: Aerospace Force Ready to Aid Car Industry
IRGC Aerospace Force said the force can provide Iranian automakers with advanced technologies so that they can overcome their shortcomings and reduce their reliance on foreign firms.
China Slams US Pressure on Chinese Firms
Beijing expresses its resolute protest against the US exerting pressure on Chinese companies and calls on Washington to stop such a practice.
CBI Injects Dollars to Stabilize Currency Market
The Central Bank of Iran has injected hundreds of millions of dollars to stabilize the currency market, CBI Governor Abdolnaser Hemmati said on Saturday.
Steel Production to Surpass 30 mln Tons
Production of steel ingots in Iran is expected to surpass 30 million tons in the current Iranian year (ending March 20, 2021).
Asia Shares Slide After Wall Street Selloff For Fear of Pandemic
Shares fell Monday in Asia, tracking losses on Wall Street as rising virus cases cause some US states to backtrack on pandemic reopenings.
Exports from Markazi Province Hit $120 million
About 1,165 tons of non-oil goods worth $120 million were exported from the central Iranian province of Markazi during the first three months of the current fiscal.
Rupee-Rial Trade in India’s UCO Bank Plans for Non-Oil Imports
India’s UCO Bank is exploring new avenues to keep the Rupee-Rrial payment mechanism with Iran alive as the US sanctions on the Islamic Republic has negatively affected trade relations between the two countries.
Leader agrees with support plan for new companies in stock market
Leader of the Islamic Revolution Seyyed Ali Khamenei has agreed with a plan for offering special tax exemptions and incentives to companies that are accepted in the stock market in the current Iranian year (starting March 20).
IME: trade surpasses $1.45b past week
870,896 tons of commodities valued at over $1.45 billion were traded in its domestic trade and export halls in the past week (ending June 25), IME announced.
Most Trade Borders Reopened: Iran Official
80 percent of the country’s borders have been reopened for trade exchanges and exports after a weeks-long closure due to the outbreak of coronavirus, Iran official says.