A UN special rapporteur has said that since the re-imposition of the US unilateral sanctions in 2018, general prices in Iran rose 85% and food prices doubled.
Iran’s trade with the US stood at $23.8 million during the first six months of 2022 (January-June) to register an 18.41% rise compared with the year before.
Iran’s trade with the US reached $18.2 million in the first four months of 2022 to register a 46.77% growth compared with the year before.
Iran’s trade turnover with the US reached $15 million in the first three months of 2022 to register a 54.64% growth compared with the year before.
Iran’s trade with the US reached $7.1 million in the first two months of 2022 to register a 39.22% growth compared with the year before.
The volume of annual trade between Iran and the United States stood at $40.6 million in 2021, according to latest data released by the US Census Bureau.
Iran’s trade with the US stood at $30 million during the first nine months of 2021 to register a 9.37% decline compared with the corresponding period of 2020.
Iran’s commercial transactions with the US stood at $9.7 million during the first three months of 2021 to register a 37.42% decline compared with the corresponding period of 2020.
The Biden administration rescinded former president Donald Trump’s restoration of U.N. sanctions on Iran, an announcement that could help Washington move toward rejoining the 2015 nuclear agreement aimed at reining in the Islamic Republic’s nuclear program.
The UN’s top court ruled on Wednesday that it can take on Iran’s bid to overturn US nuclear sanctions reimposed by the administration of former US president Donald Trump.