In spite of US sanctions to bring Iranian oil exports to zero, statistics show that in the first nine months of the current Iranian year, the Islamic Republic has managed to yield $6.5 billion from crude oil sales, up 48.9% year-on-year.
Iranian Energy Minister Reza Ardakanian says the Islamic Republic will keep up exporting electricity to Iraq to satisfy vital needs of the neighbouring nation.
Turkish President Recep Tayyip Erdogan has highlighted the need for further expansion of bilateral trade between Tehran and Ankara in the face of the US sanctions on the Islamic Republic.
Iranian Oil Minister Bijan Namdar Zanganeh deplored Pakistan’s inaction on completion of a gas pipeline under an agreement with Tehran, saying three foreign countries have put pressure on Pakistan to halt the project.
A group of Iranian knowledge-based companies headed by the country’s Vice-President for Science and Technology Sorena Sattari have headed to South Africa to develop their ties with their African counterparts.
The chairman of the Asia-Pacific region of International Co-operative Alliance (ICA) says the alliance is seeking to stand by Iran amid the unilateral sanctions imposed on the county and do whatever in its power to facilitate Iran’s trade ties with the outside world.
Iranian President Hassan Rouhani has warned the United States that if the Islamic Republic is not allowed to export its crude oil, then no other country will be able to do so from the Persian Gulf.
An Iranian official says problems with Iran-China banking relations have been resolved and financial transactions will be resumed as of this weekend, when Beijing will restart its oil imports from the Islamic Republic.
Dozens of Italian businesspeople and entrepreneurs on Thursday attended a business meeting of Iran-Italy Joint Chamber of Commerce and the General Confederation of Italian Industry in the Italian capital of Rome, and were briefed on business opportunities in Iran.
In another victory for Iran, the Council of the International Maritime Organization (IMO) on Thursday asked the US to refrain from taking any measure that might endanger Iran's maritime security and freedom of navigation.
Iranian saffron farmers have started harvesting their products since a few days ago, when the harvest season started across Iran, the top exporter of the Red Gold.
Iranian President Hassan Rouhani says Tehran and Baghdad are determined to raise the value of their bilateral trade to $20 billion per year, from the current $12 billion.
A senior lawmaker says Iran has changed the pattern of its oil exports to cope with the unjust US sanctions, which are aimed at cutting the exports down to zero.
All the 700,000 barrels of crude oil released at Iran’s energy bourse were sold out at a rate of $64.97 in the second phase of supplying the Iranian crude oil through the market.
Iran’s President Hassan Rouhani says US authorities are lying when they say they are not targeting the people of Iran, as Washington’s sanctions are aimed at putting pressure on the Iranian nation
Iranian knowledge-based companies are producing medical products using stem cells and body tissues, and plan to export them to several regional countries in highly competitive prices.
Officials in New Delhi say the United States has agreed to grant India a waiver from Iran sanctions so that the country would be able to maintain imports of crude oil from the Islamic Republic.
Iran has started supplying its crude oil to the private sector through its energy bourse, a local market which provides Iranian and foreign tradesmen with a chance to purchase Iran’s crude oil and export it to the international markets.
The Iranian capital Tehran on Sunday hosted a national conference called “New Methods for Advancing Economic Diplomacy with Emphasis on Development Cooperation”.
