CBI Approves Emergency Funding to Help Businesses Hit by COVID-19
The Central Bank of Iran (CBI) approved emergency funding worth nearly $5 billion to offer cheap loans to businesses hit by the new coronavirus pandemic.
Iran CBI to support virus-hit businesses
Iran CBI Governor: Iran decided to provide those suffering from economic hardship due to the new coronavirus spread in the country with financial support.
IRICA: 23mn face mask received from China
IRICA revealed China’s first entry of mask face consignment to the Islamic Republic of Iran on Tuesday.
Iran’s Foreign Trade Nears $80bln in 11 Months
The total value of Iran’s trade transactions with foreign countries during the first 11 months of the current Iranian year (March 2019 – March 2020) has neared $80 billion, the latest data released by the country’s Customs Office showed.
Parviz Khan Border Reopened
Parviz Khan joint border restarted its commercial and trade operations on Monday.
Crude steel production in 11 months surpases 18.5m tons
Iran produced over 18.5 million tons of crude steel ingots during the first 11 months of the current Iranian year (March 21, 2019-February 19, 2020).
OPEC: Iran oil output drops 2,000 bpd in February
OPEC announced that volume of oil production in Iran as of February 2020 hit 2.080 million barrels per day (bpd).
Exports to Iraq running despite problems
Chairman of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’hagh said that exports of products to neighboring Iraq are running despite some problems.
Chabahar Mineral Products Export Rising
An Iranian official said the export of mineral products from the country’s southeastern port of Chabahar has increased constantly over the past year.
Iran, Japan, UNIDO to cooperate on fishery development
Iran, Japan, and UNIDO signed a trilateral agreement to cooperate on the third phase of a project for developing advanced fishery in the port city of Chabahar.