Iran, Russian Republics Discuss Closer Economic Ties
TEHRAN (Tasnim) – High ranking officials from Iran and Russia held the third meeting of a working group on economic cooperation between the Islamic Republic’s northern provinces and Russia’s southern republics.
US Extends Sanctions Waiver for Iraq to Import Iranian Gas, Power: Report
TEHRAN (Tasnim) – The United States has reportedly granted Iraq another sanctions waiver to continue importing crucial Iranian gas needed by Baghdad to stop massive blackouts across the country.
Gigantic Offshore Platform Being Shipped to Iran’s Southern Gas Field
TEHRAN (Tasnim) – The third platform of Phase 14 of Iran’s South Pars gas field, which has been built by domestic experts, was launched in the Persian Gulf waters on Tuesday.
UN Official Says Iran Has Means, Will for Environmental Protection Investment
TEHRAN (Tasnim) – An under-secretary-general of the United Nations lauded Iran’s “means and will” for investment in environmental protection plans on the road to sustainable development, warning against ignoring environmental costs of economic growth in many parts of Asia and the Pacific.
350 MW to Be Added to Iran’s Power Generation Capacity Soon: Official
TEHRAN (Tasnim) – Three power plants with a total capacity of 350 megawatts (MW) of electricity will be added to Iran’s national grid in coming days, the managing director of the Thermal Power Plants Holding Company (TPPH) announced.
Iran Plans Deep Cut in Reliance on Oil Incomes
TEHRAN (Tasnim) – Iranian Vice President Mohammad Baqer Nobakht said a new scheme to reduce the country’s reliance on oil revenues is expected to restrict the dependence on petrodollars to only 10 percent.
Iran to Set Up New Petrochemical Hub in Coastal Region
TEHRAN (Tasnim) – The National Petrochemical Company of Iran finalized a plan on Monday to construct the country’s third petrochemical hub across a coastal region in the southern province of Hormozgan.
INSTEX Expected to Be Ready Soon, German FM Says
TEHRAN (Tasnim) – INSTEX -a payment channel that the three EU signatories to the JCPOA have set up to maintain trade with Iran- will be ready soon, German Foreign Minister Heiko Maas said Monday.
No Country Can Replace Lost Iranian Oil: Zanganeh
TEHRAN (Tasnim) – Iranian Oil Minister Bijan Namdar Zanganeh rejected claims that Saudi Arabia and the United Arab Emirates can replace the reduced share of the Islamic Republic in the global oil market, saying no country can do that because of the “fragile” market.
FAO, WHO Call for Promotion of Sustainable Agriculture, Food Systems
TEHRAN (Tasnim) – The Food and Agriculture Organization of the United Nations (FAO) and World Health Organization (WHO) jointly celebrated the first World Food Safety Day in Iran to draw attention and inspire action to help prevent, detect and manage foodborne risks.
Iranian Cleric Urges Tax Reform to Stimulate Investment
TEHRAN (Tasnim) – The provisional Friday prayers leader of Tehran called on the Iranian government to attract investment and boost local production by introducing tax incentives and devising plans to contain tax evasion.
Macroeconomic Adjustment Imperative to Save Iran’s Economy: French Economist
TEHRAN (Tasnim) – A senior research fellow at the French research organization IRIS called on the Iranian government to adopt a macroeconomic policy in order to be able to address its fiscal crisis and stop the country from falling into “high inflationary dynamic” in the face of new US sanctions.
Iran Opposes Proposal to Delay OPEC’s Next Meeting
TEHRAN (Tasnim) – Iran has told the Organization of the Petroleum Exporting Countries (OPEC) that it opposes delaying the oil producer group’s next meeting to July, media reports said on Tuesday.
New Project to More Than Double Oil Output in Iran’s Ilam
TEHRAN (Tasnim) – The launch of a major oil project in Iran’s western province of Ilam is expected to raise the crude output at Danan oilfield from 8,000 to 19,000 barrels per day, an official announced.
Iran, Turkey Restart Direct Train Services
TEHRAN (Tasnim) – Iran and Turkey have finalized an agreement to restart direct train services between Tehran and Ankara and also to run tourist trains, an official announced.
Iran Ready to Provide Energy Transit Route for Tajikistan
TEHRAN (Tasnim) – An Iranian minister voiced the country’s readiness to offer Tajikistan an energy transit route for the economic development of the region.
Over 1200 Foreign Companies Have Invested in Iran: Deputy Minister
TEHRAN (Tasnim) – An Iranian deputy economy minister highlighted the country’s numerous capacities to attract foreign investments and said more than 1200 foreign firms have invested in the Islamic Republic.
US Delays Planned Petchem Sanctions on Iran: Report
TEHRAN (Tasnim) – The Trump administration has delayed its new sanctions on Iran’s petrochemical sector, said people familiar with the matter.
