Germany shipments to Iran in 11 months at €1.3b
TEHRAN (Iran News) – Germany shipments to Iran during the first 11 months of 2019 amounted to around €1.3 billion ($1.44 billion), preliminary data from the Statistics Office showed on Friday. Germany shipments primarily deliver machines, chemical products, food, and pharmaceutical products to Iran, reported Reuters. German imports from Iran reached some €191 million during […]
Iran tops trade surplus in 9 months
TEHRAN (Iran News) – Iran exported $31.9 billion worth of goods during the nine months of the current Iranian year (March 21-Dec. 21), said the chairman of Trade Promotion Organization of Iran, which compared with imported goods we see a surplus. Hamid Zadboum said on Monday that $31.8 billion of goods were also imported into […]
Domestic production increases savings
TEHRAN (Iran News) – Iranian Industry, Mining, and Trade Minister Reza Rahmani said that relying on domestic production has increased €412 million for the country savings over the past six months in which six desks have been held on the matter, IRNA reported. Speaking in a meeting of the ministry’s council of deputies on Saturday, […]
Channel for Export of Food, Medicine to Iran; Swiss
TEHRAN (Iran News) – A channel aimed at easing export of food and medicine to Iran following Europe’s failure to make INSTEX operational could be “up and running within months”, senior Swiss and US officials told Reuters. Pascale Baeriswyl, Swiss state secretary for foreign affairs, and US Ambassador Edward McMullen spoke in separate interviews in […]
Silence on US sanctions must be broken
TEHRAN (Iran News) – International organizations need to speak out and break the silence about US economic sanctions that target Iran’s food and medicine on top of the economy, an Iranian minister has said, warning of the adverse consequences of the embargoes. “The brave Iranian people are being victimized by plots and economic sanctions that […]
Iranian products replace imports
TEHRAN (Iran News) – Iranian officials plan to manufacture $11 billion worth of domestic products in the next couple of years to replace some imports. The Iranian companies aims to produce electrical, automobile and telecommunications commodities, and double exports to neighboring countries in order to reach a target value of $48 billion products to replace […]
Iran medicine imports affected by U.S sanctions
TEHRAN (Iran News) – Foreign Minister Mohammad Zarif said on Sunday that the new U.S. regulations is even targeting Iran medicine imports. “Now, U.S. Treasury is targeting not merely food but also our imports of medicine,” Zarif tweeted. In a move that the Treasury Department claimed would ease the shipment of food and medicine into […]