Iran has long sought to use the potential of its strategic southern coastal region of Mokran along the Sea of Oman to expand its oil and petrochemicals sector, diversify its outlets for key crude petroleum exports, which have been concentrated in the Persian Gulf region, and increase its strategic clout.
Iranian President Seyyed Ebrahim Raisi says his administration prioritizes domestic production and will not allow excessive imports.
Tens of thousands of Iranians working at home appliance manufacturing companies have signed a petition, calling for a ban on imports of foreign products.
Iranian President Seyyed Ebrahim Raisi has called for a leap in the country’s non-oil exports.
Iran’s customs administration says the country recorded a trade surplus of $1.2bn in the previous Persian calendar month.
The head of Iranian Steel Producers Association says power outages that hit the country during summer have cost the industry six billion dollars.
A member of the Iranian parliament’s presiding board has called on the government to prevent products of South Korean companies, which “betrayed us”, to easily return to the market.
The deputy chair of the Iranian parliament’s Article 90 Committee says they have lodged three complaints with the judiciary, against former President Hassan Rouhani.
Spokesman for Iran’s Customs Office says trade with Afghanistan has returned to normal.
Iran’s President Ebrahim Raeisi has appointed one of his rivals during last June presidential elections, as Vice-president for Economic Affairs.