Iran has seen its exports of copper products decrease significantly in the seven months to late October this year, shows a report, as curbs imposed at borders because of the coronavirus pandemic hits the country’s trade of the lucrative metal.
Iran’s customs office (IRICA) says the country’s balance of trade turned positive for first time this calendar year in the month to late November.
Iran has launched three major oil projects with an investment amounting to $1.25 billion as the country presses ahead with plans to expand its massive energy sector.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has described the illegal sanctions the United States has imposed on Iran with the support of its European partners as a “bitter reality” and a “crime” against the nation.
Iran’s permanent representative to Vienna-based international organizations has expressed concern about the effects of unilateral sanctions on developing countries’ fight against the coronavirus outbreak, underlining the need for a coordinated global response to the pandemic.
Iranian President Hassan Rouhani has inaugurated 13 major road and airport projects with a government investment of nearly $121 million.
Iran’s customs office (IRICA) says trade with countries in Europe, including Turkey, reached nearly $9 billon in seven months to late October.
National Iranian Gas Company (NIGC) says the country has a plan in place for launching gas exports to neighboring Afghanistan. Gas exports to Afghanistan would be commissioned to private contractors.
Iran has launched a mega project for transferring desalinated sea from the Persian Gulf in southern Hormozgan province to water-intensive industries in southeastern province of Kerman.
The Iranian government has paid nearly $200 million in extra wages to health workers amid the spread of the coronavirus pandemic as a third wave of the disease is pushing hospitals in the country to the brink.