The majority of the shipments are destined for China, where importers are grappling with higher import tariffs for US LPG in an escalating trade war, and are scrambling for Middle Eastern cargoes instead, S&P Global Platts reported.The jump in Iranian exports also came ahead of the reimposition of sanctions by …
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Iran urges to expedite Iran-Armenia electricity transfer line
Ramazanali Sobhanifar made the remarks in a meeting with the president of The National Assembly of the Republic of Armenia Ara Babloyan.“The Islamic Republic of Iran and the Republic of Armenia have had strong ties and have stood by each other in hardships”, Sobhanifar added while referring to the long …
Read More »Syria, Russia discuss bolstering cooperation
Al- Moallem, who chairs the Syrian side at the Syrian-Russian Joint Governmental Committee for Economic, Commercial, Scientific and Technical Cooperation ,expressed Syria’s appreciation for Russia’s continuous support in the fight against terrorism, SANA reported from Moscow.He welcomed Russia’s contribution to reconstructing what has been destroyed by terrorism in Syria , …
Read More »Iran, Germany sign insurance MoU
The head of International Social Security Association (ISSA) Joakim Broer, who is also Executive Director of German Accident Insurance Organization (DGUV), and Head of Iran's Social Security Organization Taqi Noorbakhsh signed the MoU in Berlin on Friday.The two sides had discussed the MoU conclusion in Panama in November 2016.The MoU …
Read More »Official urges replacing US market with Chinese for Persian rugs
The US is a major market for hand-made Persian rugs, but it will be closed to Iran when the sanctions take effect, Chairman of Iran's export confederation Mohammad Lahouti told Islamic Republic News Agency (IRNA) on Friday.Washington has re-imposed new sanctions on Iran after pulling out of the nuclear deal …
Read More »Min.: Solidarity is key to win over enemy in economic battle
Iran can cope with current economic hardship through exercising patience and the role of government in supporting entrepreneurs will be of prime importance, he said. The government should also provide required financial support, industrial and economic capabilities and facilities to attain such goal, he said. Under wise leadership of the …
Read More »Caspian legal convention guarantees maritime security: Iran official
Based on the Caspian Sea legal regime convention, agreed by the five littoral countries on August 12, no country except the littoral states will be allowed to have military presence in the region, Parvin Farshchi, Deputy Head of Iran's Department of Environment for Marine Environment Division Affairs, said. Elaborating on …
Read More »Iran chairing ESCAP committee in Thailand
Peyman Salehi, Iran's vice president for science and technology affairs, is chairing the second session of the UN Economic and Social Commission for Asia and the Pacific (ESCAP) Committee on Information and Communications Technology, Science, Technology and Innovation which has been holding in the Thai capital city since August 29 …
Read More »Reduced Iranian pilgrims crippling Iraq's religious tourism
Speaking to Iraqi media, the analysts warned about the economic and social consequences of this issue. Bassim Jamil Antoine, an economic analyst, says that US sanctions against Iran have lowered the number of Iranian pilgrims, nearly closing Iraq's religious tourism. He said that because of added costs of pilgrimage and …
Read More »Exports from Isfahan up by 24%
He said in the five-month period, 883 items weighing 2.198 million tons were exported to 93 countries.The exported goods were worth 925.341 million dollars. The figure registered a percent rise in weight and a 50 percent increase in value compared to the corresponding period last year.He said that the exported …
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