Kyrgyzstan envoy to Iran Avazbek Almazov called on the Iranian private sector parliament to support his country’s efforts to resume direct flights between Bishkek and Tehran.
Resumption of direct flights between Tehran and Bishkek will allow Iran and the Central Asian country to upgrade their bilateral ties within a Free Trade Zone between the Eurasian Economic Union and Iran.
An executive order by Donald Trump about sanctioning exports of several Iranian metals will have very little impact and is nothing new for the Iranian producers.
The Central Asian nation is seeking to reach more export destinations through the Iranian ports of Bandar Abbas and Chabahar Port that give the country access to open waters such as the Indian Ocean.
The announcement comes after the giant heavy energy infrastructure said it had designed, developed, produced and supplied from A-Z all components of a very vital gas turbine, called MGT-40.
Tehran says the US sanctions won’t hinder its continued efforts to sale oil in unofficial ’grey market’. Iranian authorities and energy analysts believe Iran would be able to export as much as 600,000 bpd.
The new company, located in the west of Iran, is supposed to add to the country’s annual steel production, as well as export the crude product to the neighbouring countries of Iraq and Syria.
Iran’s main financial institution has devised a six-point contingency plan to resist possible consequences of the US move no to renew sanctions waivers for clients of Iranian energy.
Special Trade and Finance Instrument between Iran and Europe (STFI), called SATMA in Persian, was registered on 22 April in Tehran in a bid to further facilitate Iran-Europe trade in the wake of US sanctions.
New Delhi envoy to Iran Gaddam Dharmendra says India has made good progress in developing Chabahar Port to diversify its trade relations with Iran. He believes two countries need to prioritize items under the sanctions.