China’s Bank of Kunlun to continue coop. with Iran
China’s Bank of Kunlun on Monday announced that it will continue cooperation with non-sanctioned Iranian banks for transactions and also payments related to non-sanctioned goods.
Trump’s dilemma with Iran: to extend waivers or not!
These days one of the major factors which is affecting the oil market is the U.S. President Donald Trump’s actions and their consequences. The imposition of sanctions on Venezuela, reimposition of sanctions on Iran, comments on Libya, the impact on Saudi Arabia and OPEC decision making, are just some of the scenarios in which Trump is the lead actor.
Japan is talking to U.S. to keep its Iranian oil supply steady: minister
Japanese Minister of Economy, Trade, and Industry said his country is trying to convince U.S. to keep buying Iranian oil in order to maintain its energy supplies.
Iran’s industry minister due in Azerbaijan
Minister of Industries, Mining and Trade Reza Rahmani will arrive in Baku on Thursday (April 18) to hold talks with senior Azerbaijani officials.
Cabinet studying currency reconversion, lopping off 4 zeroes of nat. currency
According to the request of the Central Bank of Iran (CBI), the economic committee of the cabinet has on agenda the plan to eliminate four zeros from the national currency rial and to introduce a new one.
Iran, Oman to launch new shipping line by late April
Iran and Oman are set to add a new direct shipping route between their ports in the Persian Gulf in a move to help boost economic interactions between the two countries, Iran's Ambassador to Muscat said.
Iran takes part in Iraq Agrofood Trade Show 2019
The Islamic Republic of Iran is participating at Iraq Agrofood & Plastprintpack Exhibition 2019 with as many as 40 companies.
Talks underway to complete South Pars phase 11
Iranian Minister of Petroleum Bijan Zanganeh says negotiations are going on with a Chinese company to complete the South Pars oil field phase 11.
TEDPIX hits a new record
Tehran Stock Exchange’s (TSE) main index (TEDPIX) gained 5,721 points to hit the record of 201, 805 points on Monday.
Exports from East Azerbaijan prov. up by 52%
Customs Supervisor of East Azerbaijan said exports from the province has registered a 52 percent increase in terms of value last year (ended March 20, 2019).