The Central Bank of Iran (CBI) says it plans to create what it has described as a secondary currency market to help ease tensions that plunged the rial against the US dollar to a record low level on Sunday.
Iran says it has launched a train service to Turkey’s Van after a hiatus of about three years with officials expressing hope that it would help increase the number of tourists travelling on either side of the border.
Irans President Hassan Rouhani has conferred with his Chinese counterpart Xi Jinping on a multilateral nuclear agreement Tehran signed with the P5+1 group of countries in 2015 and mutual relations, particularly in economic and trade sectors.
The International Monetary Fund (IMF) has declared that it will continue cooperation with Governor of Irans Central Bank (CBI) Valiollah Seif despite the new US sanctions against the Iranian official.
Foreign Minister Mohammad Javad Zarif has embarked on a whirlwind diplomatic tour to gauge international readiness to guarantee Irans interests if it decides to remain in a nuclear deal after US withdrawal.
China on Thursday launched a freight train service that connects its northern regions to Iran’s capital Tehran in what could be a major connectivity project of vital importance to the flow of trade between the two countries.
President Hassan Rouhani says Tehran will stay in the JCPOA with other signatories, stressing that Iran has always complied with its commitments to the deal, while the US has never complied with its requirements.
Iran says two of its leading airlines have purchased a collective of 40 Sukhoi SuperJet 100 planes from Russia thus ending speculations over a purchase scheme that had been in the offing for the past few years.
Iran should receive 14 new passenger aircraft this year under agreements signed with Airbus, Boeing and ATR planemakers, a government official has said.
Iran will resume direct flights between Tehran and the Iraqi city of Erbil from April 27 after a six-month hiatus which saw Baghdad and its neighbors impose an air ban on the regional Kurdistan government over a secession bid.