Iranian Oil Minister Javad Owji says removing sanctions from Iran’s hydrocarbon sector would be key to resolving a global energy crisis that has affected supplies in many Western countries.
An Iranian government minister says the country will resume issuing tourism visas soon as it seeks to end a 19-month suspension caused by the spread of the coronavirus pandemic.
Iran’s customs office (IRICA) says a key road corridor operating under the auspices of the Economic Cooperation Organization (ECO) that links Pakistan to Turkey via Iran has been launched on a pilot basis.
Traders are urging the Iranian government to lift a seasonal ban on rice imports amid a reported shortage that has caused prices of the domestic rice crop to soar.
Iran’s customs office (IRICA) says that exports from the country rose by 61% in value terms in the first half of the calendar year that started in late March.
Figures by Iran’s ministry of industries (MIMT) shows home appliances production in the country kept growing at a robust rate in the first five months of the current calendar year to reach over 2.61 million units.
The administration of US President Joe Biden is reportedly reviewing a 2018 sanctions waiver, which allowed Afghanistan to purchase Iranian gasoline and gasoil.
An official at the Iranian agriculture ministry (MAJ) says domestic output of sugar would be enough to meet some 70% of the country’s demand for the produce in fiscal year to March 2020.
A senior official at Iran’s National Petrochemical Company (NPC) says exports of petrochemicals were responsible for a fourth of all non-crude shipments exported from the country in the year to late March.
Iran’s minister of trade Reza Fatemi Amin says non-crude exports from the country could surge by $5 billion in the second half of the calendar year to late March.