Iran’s ‘only crime is we decided not to fold’
Asia Times | Pepe Escobar: Just in time to shine a light on what’s behind the latest sanctions from Washington, Iranian Foreign…
Economy
Rise in investment bids for Chabahar projects
Financial Tribune – Forty-eight companies have signaled their readiness to make investments in Chabahar’s Shahid Baheshti Port projects from March 21 to…
The human impacts of the unilateral sanctions need to be studied and broadcast
ODVV.org | Vijay Prashad: “One should be clear that this is not merely US unilateralism, but the attempted unilateralism of the imperialist…
US charges Indonesian executive, 3 firms with illegal sales to Iran’s Mahan Air – Treasury
Sputnik – An Indonesian businessmen and three companies based in Indonesia face charges over the procurement of US-made goods for Iran’s Mahan…
Iran offers discounts of up to $8.5 a barrel for oil sold at local bourse
Press TV – The National Iranian Oil Company (NIOC) is offering significant discounts for a planned sell-off of crude and condensates in…
Retailers failing to use price tags will be fined
Financial Tribune – Guild inspectors have been tasked with initiating legal proceedings and imposing fines, according to regulations, on business outlets that…
Banking bill ratified amid Iran’s CB concerns
Financial Tribune – Majlis ratified the outlines of banking rules under the “Comprehensive Islamic Banking Bill” umbrella on Tuesday. The package of…
With 11.9m tons, MSC’s output exceeds all Iranian steelmakers’
Financial Tribune – Mobarakeh Steel Company had the largest share of steel production in Iran with an output of 11.9 million tons…
Over 50 firms to invest in IKAC’s development plans
MNA – Managing director of Imam Khomeini Airport City said over 50 Iranian company have registered to invest in free trade zone…
$400m catalyst market in Iran
SHANA — The CEO of the National Petrochemical Company (NPC) said that Iranian refineries and petrochemical plants consumed 400 million dollars’ worth…
Iran-India coop. in Chabahar to benefit Afghanistan’s economy
MNA – Developing the strategic port city of Chabahar, southern Iran, through joint cooperation will facilitate the development of Afghanistan’s economy, said…
US seeks to squeeze shipping, metals in Iran sanctions bid
Bloomberg | Nick Wadhams: The Trump administration plans to strengthen enforcement of Iran sanctions now that it’s driven oil exports down to…
UK’s Johnson gov’t seeks to reduce tensions, develop trade ties with Iran
IRNA – British Prime Minister Borris Johnson’s foreign policy is aimed at reducing tensions with Iran and developing trade relations as London…
Health minister: Iran holds reserve of strategic medicines
Tasnim – Iran’s Health Minister said the country has amassed a reserve of strategic medicines enough to meet domestic demand for seven…
CBI to finance Siraf refining project
SHANA — Iranian Minister of Petroleum Bijan Zangeneh said that the central bank of Iran (CBI) was to bankroll Siraf refining project…
Sugar production expected to exceed 1m tons
Financial Tribune – Sugar production is estimated to reach 1.1-1.2 million tons in the current Iranian year (ending March 19, 2020), according…
Iran’s exports to Iraq decline by one-third
Financial Tribune – Iran’s exports to Iraq have declined due to the recent political unrest in the neighboring country, the secretary-general of…
235,000 one-day-old chicks exported from Ardabil to Afghanistan
IRNA – Deputy head of Ardabil Agriculture Jihad Department for improving livestock and poultry production improvement said on Monday that some 235,000…
Iran: Bigger role for stock market in Gov’t funding
Financial Tribune – The government has concocted a bigger role for the stock market on the revenue side of the next fiscal…
Science and technology shape future of country: Iran’s First VP
MNA – Iran’s First Vice President Es’hagh Jahangiri said science and technology play a significant role in shaping the future of the…
Economic growth positive in H1: CBI gov.
MNA – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced on Monday that Iran could manage to register…
Iran, China keep banking initiatives secret to evade US sanctions: Envoy
Press TV – China’s ambassador to Iran Chang Hua says the two countries have agreed on new banking mechanisms that could facilitate…
Iranian oil sanctions imposed to capture market for US shale: Zanganeh
MNA – Iranian oil minister Bijan Namdar Zanganeh said on Monday that “with no doubt, one of the main reasons for the…
Iran summons S. Korean envoy to lodge complaint over delayed payments
MNA – South Korean diplomatic sources said Monday the Iranian foreign ministry summoned the country’s Ambassador to Tehran Ryu Jeong-hyun in November…
US threatens to sanction parties who export metal products to Iran
RFE/RL – The U.S. State Department has issued a sanctions advisory that warns “entities and individuals” of transferring two crucial steel-making inputs…
Judiciary chief: Hindering Iran’s access to medicine clear sign of US’ terrorism
MNA – Iran’s Judiciary chief says the United States’ sanctions targeting Iran’s access to medicines and treatment services is a clear sign…
Rouhani: US sanctions unsustainable, world wants ties with Iran
Press TV – President Hassan Rouhani says the United States’ “cruel and unlawful” sanctions against Iran will not be sustainable, and that…
Iranian oil equipment firms voice concern over policies, export restraints
Financial Tribune – Manufacturers of oil and gas equipment and machinery have the potential to generate $5 billion in export revenue a…
Iran: Mineral exporters told to respect currency repatriation regulations
Financial Tribune – The Ministry of Industries has conditioned the granting of permission for export of minerals to exporting companies’ commitments to…
Localization of 8,000 oil, gas items in MOGPC since March
SHANA – The managing director of Maroon Oil and Gas Production Company (MOGPC) said his company had managed to localize manufacturing of…
Iran’s CB backs non-oil foreign trade
Financial Tribune – The Central Bank of Iran will continue to promote non-oil trade with foreign countries, the bank’s deputy governor for…
Khark petchem plant eyes enhanced output
SHANA – The production capacity of Khark Petrochemical Plant is expected to increase by 100 tons per day once the facility starts…
Iran industries ministry sets target to enhance exports to neighbors
Financial Tribune – The Ministry of Industries, Mining and Trade has set a target of raising Iran’s annual exports to neighboring countries…
Purchase of quality items required in oil industry, guaranteed
SHANA – Iranian Ministry of Petroleum has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality…
Iran: US sanctions silent warfare, terrorism
Press TV – Iran has denounced the United States’ indiscriminate sanctions regime as “silent warfare,” reacting to a US official’s recent claim…
Iranians top list of foreign investors in Turkey
Financial Tribune – Iranians ranked first among foreigners who registered companies in Turkey during the first 10 months of 2019, according to…
Central Bank of Iran Governor says Forex rates to keep going down
IRNA – Governor of Central Bank of Iran Abdolnasser Hemmati said on Sunday that stability and balance of supply and demand are…
Iran: Gasoline rationing did not eliminate smuggling
Financial Tribune – Rationing gasoline and raising pump prices by 200% that started on Nov. 15 will have no substantial effect on…
GOGPC signed 54 deals with local suppliers for building items
SHANA — Gachsaran Oil and Gas Production Company (GOGPC) has signed 54 deals with local manufacturers for production of oil industry items…
More businesses floundering in Iran
Financial Tribune – The Ministry of Cooperatives, Labor and Social Welfare identified 1,281 economic enterprises by the end of the second quarter…