Non-Oil Exports Hit $60bln in Two Years; Iran
Iran has pocketed around $60 billion from exports of non-oil products, services, and energy since the US withdrew from the 2015 nuclear deal.
US sanctions made Iran ready to face unprecedented oil prices fall
First Vice President Es’hagh Jahangiri said on Tuesday that due to the US sanctions, Iran is in readiness for coping with the unprecedented drop in oil prices.
Afghan traders visa issue settled
Iranian Commercial Envoy to Afghanistan Mohammad Mehdi Javanmard Ghasab on Tuesday said that the visa problem of Afghan drivers and traders has been settled.
US oil back in positive territory
US oil prices rebounded back above zero Tuesday, a day after futures ended in negative territory for the first time.
Iran Urges IMF to Provide Loan via INSTEX, SHTA
The Governor of the Central Bank of Iran called on the IMF to make use of the EU-Iran trading mechanism ‘INSTEX’ to make the $5 billion loan.
Industry min. to focus on non-oil export this year , a top priority
Minister of Industry, Mine and Trade Reza Rahmani said hat his ministry will concentrate on exporting non-oil products in the current year [started March 21, 2020].
Ban on Iran, Azerbaijan border ‘extended’ amid outbreak
The transit ban on the Iran-Azerbaijan Republic border was extended by May 4 amid the outbreak of coronavirus, also known as COVID-19.
17.5 million liters of fuel survived being smuggled
Iranian forces have managed to seize a great amount of fuel before being smuggled to neighboring countries in the previous year.
Last year approved foreign investments worths $854m; Iran
Iran approved 82 projects worth $854 million in the previous Iranian calendar year, ending March 19, for implementation in domestic industrial, mining and trade sectors with foreign investments.
Main stock exchange met biggest daily jump ever; Iran
The main stock exchange in Iran, the TSE recorded its biggest daily jump as the main index in the market tops an all-time high of 668,320 points.