Tehran (ISNA) – Canada has recently declared new measures concerning to FATF High-Risk Jurisdictions subject to a Call for Action in February 2020. According to Canadian authority decision, all transactions originating from or destined to Iran are treated as high-risk. For discussing the details and effects of this decision, we’d asked FINTRAC for commentary. Asking […]
TEHRAN, Jul. 27 (MNA) – Chairman of Iran-China Joint Chamber of Commerce and Industry said the Islamic Republic of Iran needs a sustainable financing in all-out transactions. Majid Reza Hariri said that the two countries are complementary in economic exchanges and today, the country needs sustainability for financing and participating in all-out exchanges. Conclusion of […]
TEHRAN, Jul. 27 (MNA) – Iranian Minister of Roads and Urban Development called for facilitating the use of modern equipment and machinery at airports of the country. Speaking on Monday on the sidelines of the unveiling ceremony of domestically-manufactured Mobile Air Traffic Control (ATC) Tower, he stated, “focusing on domestic production and taking advantage of […]
EghtesadOnline: The average Consumer Price Index for food and beverage in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 24.2% compared with last year’s corresponding period. According to the Statistical Center of Iran, with a coefficient of 26.64%, the CPI of food and beverage stood at […]
TEHRAN, Jul. 20 (MNA) – The Petroleum Engineering and Development Company (PEDEC) has signed a contract with Petropars Group for completing the development of South Azadegan joint oilfield. The contract to complete the development of South Azadegan field was signed with the aim of increasing the daily production capacity of the field to 320,000 barrels […]
TEHRAN, Jul. 20 (MNA) – Iranian oil minister on Monday informed that under the framework of the 25-year comprehensive cooperation road map, Iran and China will collaborate on the oil sector in the long-run. As Bijan Namdar Zanganeh told reporters that Iran is ready to sign a similar cooperation road map with all countries. Referring to […]
TEHRAN, Jul. 18 (MNA) – Head of Road and Transportation Department of Sistan and Baluchestan Ayoub Kord said on Saturday that as of March 20, 54,000 tons of cement have been exported to Afghanistan from the province. The consignment has been transported via 2,056 cargoes of trucks through Milak joint board in the said time, […]
TEHRAN, Jul. 18 (MNA) – The Director General of Arabic-African Affairs Office of the Trade Promotion Organization of Iran said that Iran’s export of products to the United Arab Emirates in the first quarter of the current year increased about 8%. Farzad Piltan put the value of products exported from Iran to the UAE in […]
Tehran (ISNA) – Iranian rial plumbed new lows against the Dollar in the recent days. For discussing the reasons for this performance and the ways to stabilize the currency market we’d asked professor Hanke for a commentary. Steve Hanke is a Professor of Applied Economics at the Johns Hopkins University in Baltimore (USA). He is […]
TEHRAN, Jul. 11 (MNA) – The National Iranian Oil Company (NIOC) has signed a contract with Persia Oil and Gas Industry Development Company (POGIDC) for the development of Yaran joint oilfield, near the Iraqi border. The document was signed on Saturday morning in a ceremony held in Tehran in the presence of Iranian Oil Minister […]