Iran dispatches two firefighting choppers to Iraq
Civil Aviation Organization (CAO) revealed the forwarding of two Iranian firefighting helicopters to Hawizeh Marshes based in neighboring Iraq. Following the request of the Interior Ministry from CEO of Civil Aviation Organization (CAO), necessary coordination was made with Iraqi Aviation Organization in order to operate safe flight in airspace of the neighboring state. Given the […]
Turkey working to avoid negative impact of US anti-Iran sanctions
After a meeting with a US delegation on sanctions against Iran in Ankara, Turkish Foreign Ministry issued a statement calling Iran ‘an important neighbor for economic and commercial relations.’ According to Turkish Daily Sabah, following a meeting with a US delegation comprised of Treasury and State Department officials on Friday in Ankara to discuss upcoming […]
Chabahar port accounts for 20% imports share of staples
The ports and maritime director general of Sistan and Baluchistan province Behrooz Aghaei put the provincial import share of basic commodities and staples at 20%. Turning to the leading role of Chabahar port in the provision of goods and staples, he said, “about 1.5 million tons of various types of basic goods and commodities are […]
Iran’s export volume up by 16% in Q1
Deputy Ministry of Industry, Mine and Trade and Head of Trade Promotion Organization of Iran (TPOI) Mojtaba Khosrotaj put the country’s export volume in the first three months of current year (Mar. 21-June 21) at over 16%. Speaking in Working Group on Export Promotion in Yazd province, he said, “in this line, requirement of global […]
Iran to build 540-MW power plant in Sistan and Baluchestan prov.
Minister of Energy Reza Ardakanian said that a 540-megawatt power plant will be constructed in Sistan and Baluchestan province later o August 6. Speaking in a meeting held in the presence of governor general and managers of water and power resources in Sistan and Baluchestan province, he said, “this province enjoys high capacities and potentials […]
S Korea seeks waiver from US sanctions on Iran
In the wake of the US’ withdrawal from the 2015 nuclear agreement with Iran and moves to resume sanctions against Tehran, Seoul held a second round of talks with Washington seeking a waiver from halting imports of Iranian oil, Yonhap news reported. The Foreign Ministry of Seoul said Friday that a delegation headed by its […]
The reason for Iran’s power outages: exports or infrastructure?
Since starting of the summer, an intense heat-wave has been blanketing over most of the cities of Iran, leading to an over-usage of airconditioning appliances and a significant jump in electricity consumption among the household consumers. The situation has led to a series of daily power outages across the country which has affected many businesses […]
Japan reportedly to put full stop to oil imports from Iran
Japanese oil companies are preparing for a complete cessation of oil imports from Iran, Russian TASS quoted a Japanese newspaper as saying. According to the Nikkei newspaper on Thursday, oil supplies from Iran should be completely stopped by October. Alternative suppliers include Saudi Arabia and the United Arab Emirates. Japanese suppliers of Iranian oil – […]
EIB calls into question EU plan to save JCPOA
President of the European Investment Bank (EIB) has cast doubt on EU plan to salvage Iran nuclear deal by saying that the bank would put its global operations at risk by investing in Iran. Reuters reported today that EIB President Werner Hoyer has said that while he supported EU efforts to keep alive the 2015 deal […]
EU has set up $80b fund for SMEs doing business with Iran: report
TEHRAN – Mohammad-Hossein Adeli, the former secretary general of the Gas Exporting Countries Forum (GECF), has said that the European Union has established an $80 billion fund to give credit to small and medium enterprises doing business with Iran, the Persian language Hamshahri newspaper reported on Wednesday. “European authorities are seriously interested in resisting U.S. […]