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Press TV

Iran reports $8.8 billion mining exports in eight months

Iran’s exports of mining and metals products reached $8.8 billion in the eight calendar months to November 20.

Mine and Industry

Iran’s oil exports to China drop in November

New data by a major tanker tracking service show that Iran’s oil exports to China dropped significantly in November amid a rise in domestic demand for energy as well as regional tensions that affected the transport and removed customers from the market.

Energy

Iran president says seriously pursuing long-term deal with China

Iran’s president has expressed his commitment to implementing a comprehensive cooperation agreement with strategic partner China.

Macro Economy

Iran to expand overseas farming to 2 million hectares by 2029

Iran has set a target to expand its overseas farming to 2 million hectares (4.942 million acres) by 2029 amid efforts to ensure sufficient food supplies in the country.

Agriculture and Environment

Iran’s non-oil exports grow 18% in eight months

Iran’s customs office (IRICA) says non-oil exports from the country rose by 18% year on year in the eight months to November 20.

Trade

Iran’s aluminum output falls 4% YOY to 352k tons in seven months

Iran has reported a slight fall in aluminum output from seven months to late October.

Mine and Industry

European sanctions impeding Iran’s medicine imports

The deputy head of Iran’s Food and Drug Administration (IFDA) says the European Union’s sanctions have directly affected the country’s pharmaceutical imports, pointing out that the country is seeking alternative paths to meet its needs.

Society Economy

Iran’s central bank to launch new currency exchange market

The Central Bank of Iran (CBI) is planning to launch a new currency exchange market in a bid to control the prices and to make it easier for importers to access hard currency generated from exports.

Financial Markets

Iran to increase IMF assets, aiming to strengthen influence

The Iranian parliament has allowed the government to increase its Special Drawing Rights (SDRs) in the International Monetary Fund (IMF).

Financial Markets

Cargo transit via Iran up 42% in seven months

International cargo transit via the Iranian territory rose significantly in the seven months to late October, according to figures by the country’s customs administration (IRICA).

Transportation

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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