Financial Tribune

Tehran, Moscow drafting comprehensive cooperation document

Iran and Russia are working on the details of a comprehensive cooperation document to replace the former strategic agreement, according to a senior Iranian diplomat.

Trade

US sanctions undermine UN development goals: Iran amb.

Iran’s UN Ambassador Majid Takht-Ravanchi said unilateral American sanctions on developing countries violate basic principles of human rights and contradict goals of development.

Macro Economy

Iran plans 33 projects to raise petrochemical production capacity

Several projects have been planned to add 3.5 million tons to the country’s petrochemical production capacity, of which 60% or 2 million tons belong to the propylene chain, director of planning and development at the National Petrochemical Company said.

Macro Economy

Iran’s H1 exports to Iraq rise 28% YOY

Iran’s non-oil exports to Iraq during the first six months of the current fiscal year (March 21-Sept. 22) stood at 13.9 million tons worth $3.8 billion, registering a 50% and 28% year-on-year growth in weight and value respectively, according to the head of the Iran-Iraq Chamber of Commerce.

Trade

Iran imports of COVID vaccine to reach 140m target by end of October

Iran is slated to receive 60 million shots of Covid-19 vaccines over the course of October and reach its target of securing 140 million vaccine doses by this month’s end.

Society Economy

Iran imports more wheat to make up for decline in domestic output

A total of 1,945,421 tons of wheat were unloaded from 122 vessels at Iranian ports during the first half of the current fiscal year (March 21-Sept. 22), according to Farhad Montasar-Kouhsari, the deputy head of Ports and Maritime Organization.

Trade

Iran keen on renewing gas export contract with Iraq

The National Iranian Gas Company is ready to renew its gas export contract with Iraq.

Energy

Iran’s 2021 Q2 unemployment rate at 9.6%

Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.6% in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 0.1% decline compared with the same period of last year.

Society Economy

Iran’s trade with China tops $9 billion in 8 months

Iran’s commercial exchanges with its leading trading partner, China, stood at $9.33 billion in the first eight months of 2021, registering a 4.8% decline compared with the corresponding period of 2020.

Trade

Smart restrictions to replace lockdowns in Iran

Society Economy