Iran can discuss other issues with the West if the 2015 nuclear deal is fully implemented, President Hassan Rouhani said on Thursday, but ruled out talks over Tehran's missile program.
Iran can discuss other issues with the West if the 2015 nuclear deal is fully implemented, President Hassan Rouhani said on Thursday, but ruled out talks over Tehran's missile program.
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei advised officials against pinning hope on European countries because they have practically adhered to American sanctions despite their pledges and are unlikely to do anything to ensure Iran's interests in the future.
Chinese Foreign Minister Wang Yi has called on all concerned parties to enhance their sense of urgency and make all-out efforts to push for a political and diplomatic settlements of the Iranian nuclear issue.
The UK-flagged Stena Impero tanker, which had been detained by Iranian forces in July, left the southern Iranian port of Bandar Abbas on Friday after the completion of legal steps for its release.
President Recep Tayyip Erdogan vowed Ankara would continue to purchase oil and natural gas from Iran despite US sanctions in comments published on Friday.
Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran.
Japanese companies will commit $10 billion to finance LNG projects in Asia to support growth of the regional market, Minister of Economy, Trade and Industry Isshu Sugawara said Thursday.
A delegation from the International Solar Alliance will attend the 4th Iran Renewable Energy Conference and Exhibition (Iran REC 2019), due to be held October 14-15 in Tehran, and present proposals for the development of renewable energies, secretary of the event said.
“Iran Renewable Energy Association will hold the fourth edition of the event that focuses on Iran's potential for renewable energy and features discussions on how to increase incentives for investing in renewable energy,” ISNA quoted Seyed Moslem Mousavi as saying.
ISA is an alliance of 121 countries initiated by and headquartered in India. The primary objective of the organization is to work for efficient exploitation of solar energy to reduce dependence on fossil fuels.
Oil prices were steady on Thursday but headed for a weekly loss, weighed down by slowing Chinese economic growth that dampens the demand outlook and a faster-than-expected recovery in Saudi output.
Collecting all the flare gas in Khuzestan Province requires $3.5 billion of investment, the province’s governor said.
Visiting Amir Kabir Petrochemical Company in the Petrochemical Economic Special Zone, Mahshahr County, Gholamreza Shariati said the collected associated petroleum gas can be used as feedstock for petrochemical plants and help ensure stable feedstock supply to the expanding industry, IRNA reported.
APG is natural gas found with deposits of petroleum. It is often released as a waste product and burnt off as flare gas.
Flaring is an important safety measure at many oil and gas production sites, as it prevents industrial plant equipment from over-pressuring and exploding. However, burning high levels of APG is a major source of pollution.
A joint forum was held between officials and businesspeople of Iran and Syria on Tuesday in Tehran where the two sides surveyed ways of expanding bilateral economic ties.
Held at Iran Chamber of Commerce, Industries, Mines and Agriculture, the meeting was attended by Syria’s Minister of Petroleum and Mineral Resources Ali Suleiman Ghanem, Secretary of Iran’s Headquarters for Expanding Economic Ties with Iraq and Syria Hassan Danaeifar, the head of Iran-Syria Economic Committee, Keyvan Kashefi, Syrian Ambassador to Iran Adnan Mahmoud and representatives of Iranian businesspeople active in the fields of oil and energy, ILNA reported.
“The Iranian government is eager to expand cooperation in different fields, particularly oil, gas and petrochemical sectors, with Syria," Danaeifar said.
He noted that trade between Iran and Syria increased by 25% during the first five months of the current Iranian year (March 21-Aug. 22) compared with the similar period of last year.
The advance in consumer prices slowed noticeably in the five-month period ending Sept. 22, prompting discussions about what led to this change.
The single-digit average Consumer Price Index growth posted for 27 months since the third Iranian month of 2016-17 entered the double-digit territory in the fifth month of 2018-19 due to the significant drop in the value of Iran's national currency following the reimposition of sanctions by US President Donald Trump.
The Iranian rial lost about two-thirds of its value against the dollar in the last fiscal year (March 2018-19).
The US walked out last year of the nuclear deal Iran signed with world powers in 2015. The deal known as the Joint Comprehensive Plan of Action saw the removal of years of international sanctions against Iran. In exchange, Tehran agreed to limit the scope of its nuclear program. Washington's unilateral move last year, however, reignited tensions and reinstated a series of economic sanctions against the Islamic Republic by the United States described as "toughest ever". After waiting for nearly a year for Europeans to compensate the economic losses inflicted by the sanctions without any success, Iran restarted its nuclear program recently in a phased manner after it became apparent that JCPOA had failed to provide it with the advantages promised by the Europeans in the absence of the US.
Indian Prime Minister Narendra Modi and Iranian President Hassan Rouhani met on the sidelines of the UN General Assembly in New York on Thursday a day before the prime minister addressed the world body.
To help bolster government efforts to modernize the ageing tax regime, banks have been ordered to send data on the financial transactions of tax payers to the Iranian National Tax Administration, head of INTA’s Tax Inspection Department said.
The move is in line with legislative frameworks both in the annual budget law (March 2019-20) and tax regulations, according to Hadi Khani.
Referring to the budget law, Khani said the provisions therein allows INTA to have access to financial statements on a monthly basis instead of annual reports.
“INTA was earlier authorized to access annual banking statements as per the Value Added Tax Act and Direct Taxes Act,” Tasnim News agency quoted him as saying.
The INTA chief, Omid Ali Parsa, had said recently that plans have been finalized to modernize the tax regime by using verifiable information about the financial turnover of taxpayers.
The Export Guarantee Fund of Iran and Iraq’s Kurdish Regional Government signed a memorandum of understanding based on which a credit line worth $200 million will be opened for traders exporting to the region, according to the head of Iranian organization.
“Iranian exporters will be able to sell goods in the region on 40-day credits or more,” Afrouz Bahrami said, adding the local government will guarantee the trade and credibility of buyers.
Head of Iranian export credit agency pointed to the government strategy to promote foreign trade particularly with 15 neighboring countries, noting that Iraq is a priority nation.
Since the beginning of the current fiscal year (March 21), TEDPIX, the main index of Tehran Stock Exchange, soared 135,750 points, or 75.98%, to stand at the historic level of 314,409 until the last trading session on Wednesday.
Following the launch of the Mobile Registry Scheme in December 2017, its legal loopholes have allowed opportunists to continue smuggling mobile phones into Iran.
The most recent violation surfaced earlier this week when government officials released a statement published on Hamta, a website and online database that works as the backbone of the scheme, Peivast reported.
The statement noted that from Aug. 26 to Sept. 19, some 30,000 cellphones, which were registered illegally, most probably using travelers' information, have been identified from the networks of local operators.
With the aim of discouraging cellphone smuggling, the Information and Communication Technologies Ministry, Islamic Republic of Iran Customs Administration, Communications Regulatory Authority and the Industries Ministry created the Mobile Registry Scheme to prevent local operators from offering services to contraband phones.
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