Car Production Comes Out of Negative Growth
Acting Minister of Industry, Mine and Trade Hossein Modarres Khiabani says the car production in the first four months of the current year has grown by 19 percent and after two years, the car industry has come out of negative growth.
Russian, Chinese Banks Refrain From Serving Iranians
Chairman of Iran-China Joint Chamber of Commerce says currently there is no banking transaction with Russia and China and if an individual with Iranian passport wants to enjoy banking services, he will be denied by both countries’ banks.
Iran, Switzerland Complete First Deal Through Humanitarian Channel
A humanitarian aid channel allowing Swiss-based companies to send medicines and other vital goods to Iran despite U.S. sanctions has become operational.
Iran Buys Goods in Exchange for Exporting Energy to Iraq
U.S sanctions on Iran are worse than Oil-for-Food program, a spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union told.
Iraq Is After Reducing Dependence on Iran Electricity
Vice-Chairman of Iran Electrical Industry Syndicate says although Iran’s recent two-year contract with Iraq for electricity export was successful
Asia’s Oil Market , Post-Coronavirus Era
World economy in the energy sector has a momentary look at the oil market and it actually knows it is impossible to stop this look in the short time.
Iran to Become Regional Hub for Renewable Energies
Deputy Energy Minister on Renewable Energies Affairs says the U.S. sanctions have currently affected the economic, banking and forex sectors of the country as the country‘s medicine is under sanctions and it means renewable energies are also under sanctions.
U.S. Sanctions Fail to Bring Iran Down
First Vice-President Eshaq Jahangiri says that the U.S. sanctions inflicted damages on Iranian economy, but, the US failed to achieve its goals as the country has stood strongly.
Tehran Pushes Seoul to Release Its Tapped Billions
Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its U.S. ally and illegally withholding funds needed to counter the Middle East’s worst coronavirus outbreak.
U.S. Sanctions Not to stop Iran Trade With Other States
Government Spokesman Ali Rabiee says the U.S. unilateral sanctions would not ban or stop the Islamic Republic of Iran to trade with other countries.