Iran Exports

Iran’s SATMA, EU’s INSTEX to Do First Transaction Soon

Iran’s special financial channel for trade with European countries under the US sanctions known as SATMA, and its European counterpart INSTEX are ready to do their first transaction in coordination with banks of the two sides.

Iran to Continue Oil Exports despite US Sanction: Rouhani

Iran's President Hassan Rouhani says the country will not allow the United States to implement its decision to bring Iranian oil exports down to zero.

Iranian Cleric Bans Use of Oil Income to Meet State Expenses

A senior Iranian cleric says he believes it would be religiously not permissible to use oil revenues to meet “current and development expenses” in the country.

‘Iraq in Limbo to Choose between Iran, US’

An Iranian analyst says Iraq is now faced with a difficult choice between Iran and the US because the power balance it had created over the past years to establish ties with both sides is no longer feasible.

‘Trump’s Hostile Policies Boost Solidarity among Iranians’

Chief of Staff of the Iranian president says US President Donald Trump’s hostile measures against the Islamic Republic and the “maximum pressure” he is exerting on Iran will just increase the national unity of Iranian people.

Iran Says Not to Let Any Country Replace It in Oil Market

The Iranian Foreign Ministry spokesman has condemned the Saudi and Bahraini governments' support for the US sanctions imposed on Iran's oil exports, saying the Islamic Republic will not allow any country to replace it in the petroleum market.

Iran Says Its Oil Exports Will Never Plummet to Less than 1m Barrels

A senior Iranian lawmaker says despite the US decision to tighten its sanctions on Iran’s oil sector, the country’s oil exports will never decrease to less than one million barrels per day.

US to Announce End of Sanctions Waivers for Iran Oil Imports

The United States is to announce that all importers of Iranian oil will have to end their imports shortly or face US sanctions, a report says.

‘Exporting Knowledge-Based Products Very Profitable after Rial Devaluation’

Iran’s Vice-President for Science and Technology says the devaluation of Iran’s national currency against the US dollar has made it quite profitable to export goods produced by Iranian knowledge-based firms.

US, Observers Surprised by Increase in Iran’s Oil Exports

Iranian exports of crude oil and condensate have surged to levels near before sanctions, surprising market observers and affording the country an important victory in a US “economic war” on Tehran.

Red Willow Production Cuts Unemployment in Iranian Village

A small village named Bezijan, located near the city of Arak in Iran’s Markazi Province, has come under the spotlight for its success in ending unemployment using red willow.

Iran’s Exports Hit $70bn despite Sanctions: Customs Chief

Head of Iran’s Customs Administration says despite the cruel sanctions imposed by the US, the Islamic Republic’s oil and non-oil exports have reached $70 billion.

‘Israel to Face Tough Response If Threatens Iranian Tankers’

Iran has vowed to give a crushing response to any move by the Israeli regime to block the Islamic Republic’s oil exports.

Iran, Syria Sign 18 Deals to Expand Business Ties

Iran and Syria have signed at least 18 deals as part of a larger plan to expand their trade ties amid the US unilateral sanctions on the Islamic Republic.

Iranian, Iraqi Presidents Agree on Enhanced Trade Ties

Iranian President Hassan Rouhani and his Iraqi counterpart Barham Salih have called for expansion of bilateral ties between the two neighbouring states in line with the interest of both nations.

Iran President in Iraq to Expand Mutual Trade to $20bn

Iranian President Hassan Rouhani, who is currently on a historic visit to Iraq, says Tehran and Baghdad can easily raise their mutual trade to 20 billion dollars a year.

US Doubles Trade with Iran but Bans Europe, Asia: Germany

While the US companies have doubled their trade volume with Iran, Washington continues to ban the European Union firms from doing business with the country, said a senior German official.

Iran Exporting Biopharmaceuticals to 17 Countries

The Islamic Republic is now exporting biopharmaceuticals to 17 countries across the world thanks to the significant progress it has made over the past years.

Tehran, Yerevan Sign Two MoUs to Boost Ties

Iran and Armenia have signed two memoranda of understanding in a Wednesday ceremony attended by President Hassan Rouhani and visiting Armenian Prime Minister Nikol Pashinyan.

Iran to Close Strait of Hormuz If Its Oil Exports Stopped: IRGC

Commander of the Islamic Revolution Guards Corps (IRGC) Navy Rear Admiral Ali Reza Tangsiri said as long as Iran is able to export its oil via the Strait of Hormuz, the waterway would be open.

‘Iranian Knowledge-Based Firms Export $5 Billion Worth of Products’

Iran’s Vice-President for Science and Technology says knowledge-based firms are playing a key role in changing the economic and cultural atmosphere of the country by exporting their products to various parts of the world.

Iran Says Grounds Prepared for Its Membership in Eurasian Union

Despite sanctions imposed on and restrictions created for Iran's economy, arrangements for membership of the Islamic Republic in the Eurasian Economic Union have been made, said Iran's Energy Minister.

Iran Exports $490m Worth of Handicrafts in 9 Months

Iran has managed to export $490 million worth of handicrafts during the first nine months of the current Iranian calendar year, said Head of Iran’s Cultural Heritage, Handicrafts and Tourism Organization (ICHTO).

‘Seoul Keen to Keep Good Ties with Tehran despite Sanctions’

South Korean Foreign Minister Kang Kyung-wha has expressed her country’s willingness to maintain its friendly relations with the Islamic Republic of Iran despite the anti-Iran pressures.

Iran Signs MoU with Russia, Kazakhstan for Free Trade

Russia, Kazakhstan and Iran have signed a memorandum of understanding for cooperation in wheat trading, taking another step towards setting up a free trade zone.

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