'The US in early May will likely extend expiring sanctions waivers to at least four of Iran's top crude and condensate buyers,' according to a survey conducted by S&P Global Platts.'One source familiar with the administration's current plans for next month said the US would allow China to maintain its …
Read More »Economy
Iran province's exports rise by 14 pc last year
Omid Jahankhah, customs inspector of the province, said that the province has exported 2.2 billion dollars worth of goods in 1397 (March 21, 2018-March 20, 2019) which shows a 14 percent growth compared with its previous year. According to the official, the rate was 1.9 percent in 1396 (2017-2018). Export …
Read More »Iraq calls for longer exemptions from US sanctions on Iran energy sector
President Donald Trump's administration has sought to cut off all exports from Iran, but has twice granted three-month exemptions to Iraq, upon requests by the country.'Hopefully this waiver will be extended until Iraq can stand on its feet economically,' Speaker Mohammed al-Halbusi said at the US Institute of Peace Friday …
Read More »US exports to Iran facing 50% fall
US Census Bureau statistics shows that the value of export to Iran reached $ 4.5m in January.This is while, the figure was $ 8.8m in 2018.Iran imports volume also reached zero in January which was $ 4.7m last year.The volume of US exports to Iran was $ 440.5m in 2018 …
Read More »Iran-Pak railway line to be fully restored: Pak PM
Addressing the ground breaking ceremony of Balochistan Health Complex and Quetta-Zhob Dual Carriageway in Quetta on Friday, he said that Minister for Railways Sheikh Rasheed Ahmad is exploring all possibilities to complete Iran-Pakistan railway track.He said that the track would be upgraded on Build–operate–transfer (BOT) basis.Quetta-Taftan Railway route is one …
Read More »Italians term US anti-Iran sanctions as illegitimate
Addressing a conference which was initiated by Iran-Italy joint chamber and Iran consulate general in Milan, Italian entrepreneurs underlined the continuation of cooperation with Iran.Describing as illegal US limitations on trade, they said that they will not set aside Iranian market. Stressing the fact that Trump administration’s bullying policies are …
Read More »FATF affiliate not happy with Pakistan
The APG delegation is currently on a three-day visit to Pakistan for mutual evaluation as part of second country risk assessment report is likely to issue a formal warning before its departure.“The crux of first two days of interactions is that they (APG) consider us very good on paper — …
Read More »CBI Chief: Luxemburg annuls injunction to freeze Iran $1.7b assets
Referring to an enactment passed by Luxembourg court in favor of Iran as regard 9/11 incident, Abdolnaser Hemmati said Iran achieved another victory against the US. He added that in the wake of CBI’s complaint and also the efforts made by Iranian Foreign Ministry, vice presidency for legal affairs and …
Read More »Envoy invites Iran private banks to open branches in India
Referring to historical ties between Iran and India, the Indian envoy expressed the hope that such deep relations would help overcome pressures and limits exerted by the US. India welcomes expansion of relations and cooperation with the Islamic Republic of Iran, he underlined.The US never misses any opportunity to trigger …
Read More »Iranian companies at Big Show 2019 in Oman
The Big Show Oman, Builders International Gathering, will last for three days in Muscat.Also other companies from UK, Germany, Turkey, UAE, China, Kuwait, Saudi Arabia, Italy, India, Libya, Jordan, Egypt, Lebanon, Australia, Canada and Poland have attended the Omani show. 1483**2050Follow us on Twitter @IrnaEnglish www.irna.ir
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