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sanctions

  • Iran’s electricity production capacity up by 6.1 GW in year to late March

    Iran’s electricity production capacity up by 6.1 GW in year to late March

    Apr 10, 2023 02:53

    Iran raised its electricity production capacity by 6.1 gigawatts (GW) in the calendar year to late March amid efforts to respond to a rising demand for power in the country’s household and manufacturing sectors.

  • National Day of Nuclear Technology

    National Day of Nuclear Technology

    Apr 09, 2023 06:51

    April 9 is a red-ink day in the history of nuclear technology of the Islamic Republic of Iran. On this day Iran got access to peaceful nuclear technology and complete uranium enrichment cycle in spite of illegal sanctions imposed by the US and its accomplices.

  • Iran denies it suffered any losses in conversion of Iraqi debt to dinar

    Iran denies it suffered any losses in conversion of Iraqi debt to dinar

    Apr 09, 2023 01:54

    The Central Bank of Iran (CBI) has denied reports it suffered any losses because of converting its dollar debts from Iraq to the currency of the Arab country.

  •  Iran security chief had extensive de-dollarization talks with Putin: Report

    Iran security chief had extensive de-dollarization talks with Putin: Report

    Apr 07, 2023 04:40

    Iran’s top security official Ali Shamkhani and Russian President Vladimir Putin had extensive talks on de-dollarization of trade between the two sanction-hit countries during Shamkhani’s visit to Moscow earlier this year, according to a report by Al-Araby Al-Jadeed, which is the Arabic service of the London-based website The New Arab.

  • Iran expects domestic wheat purchases to increase by 13%

    Iran expects domestic wheat purchases to increase by 13%

    Apr 06, 2023 02:29

    Iran’s Ministry of Agriculture Jihad (MAJ) expects this year’s wheat purchases from domestic farmers would increase by up to 13% versus the previous harvest.

  • Official: Iran signs $80 billion of oil deals with foreign investors

    Official: Iran signs $80 billion of oil deals with foreign investors

    Apr 03, 2023 08:25

    Iran has signed more than $80 billion of memorandums of understanding with foreign investors to participate in the financing of oil projects, of which more than $5 billion have been converted into contracts, Deputy Minister of Petroleum Houshang Falahatian says.

  •  ASEAN finance ministers consider ditching US dollar, euro for financial transactions

    ASEAN finance ministers consider ditching US dollar, euro for financial transactions

    Apr 01, 2023 03:47

    Finance ministers and central bank governors from the Association of Southeast Asian Nations (ASEAN) have met and discussed ways to ditch the dollar and euro in their financial transactions and move to settlements in local currencies.

  • World Court says US violated intl. law by freezing Iran assets, orders compensation

    World Court says US violated intl. law by freezing Iran assets, orders compensation

    Mar 31, 2023 02:43

    Judges at the International Court of Justice (ICJ) in The Hague have ruled that the United States had violated international law by allowing American courts to confiscate nearly two billion dollars in assets from Iranian companies, and ordered Washington to pay compensation, the amount of which will be determined later.

  • Iran vehicle output hit all-time record in year to March

    Iran vehicle output hit all-time record in year to March

    Mar 31, 2023 01:47

    Iran’s vehicle production hit an all time record high in the calendar year to late March despite a significant reduction in the production of foreign brands under the complete knock down (CKD) arrangement.

  • Iranian foreign minister hails fruitful talks in Russia

    Iranian foreign minister hails fruitful talks in Russia

    Mar 30, 2023 04:38

    Highlighting the significant and fruitful meeting with his Russian counterpart during a visit to Moscow, Iranian Foreign Minister Hossein Amir-Abdollahian said negotiations have been held on the long-term comprehensive cooperation agreement between the two states.

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