Tiles & Ceramics
Iran traded $312 million worth of commodities with Turkmenistan during the 10 months to Jan. 20, according to Iran's commercial attaché to Turkmenistan.
Iran’s exports to the neighboring country hit $305 million, while Turkmenistan’s exports to Iran stood at $7 million.
Speaking to IRNA, Rahmatollah Khormali said Iran was Turkmenistan’s 13th export destination during the 10 months.
According to Khormali, the main commodities exported to Turkmenistan from Iran included potatoes, apples, sugar, cement, plastic products, construction materials, tiles and ceramics.
Iran exported $533 million worth of commodities to Russia in 2018, which registered a growth of 36% compared to the preceding year.
Sherritt International (TSX: S) released its financial results for Q4 2018, today, reporting the company’s share of finished nickel production at the Moa joint venture (JV) in Cuba and Saskatchewan, Canada was 4,294 tonnes, up 4% from last year, while finished cobalt was 428 tonnes, down 8% from Q4 2017.
Iranian and Turkish customs officials reached an agreement to ease border traffic of trucks between the two countries, agreeing to let in over 450 trucks on both sides of the border on a daily basis.
A host of knowledge-based construction companies of Iran's private sector will showcase their capabilities, products, and achievements at the 11th Erbil international building construction exhibition in mid-April 2019.
A senior fellow with the Transatlantic Program of the Istituto Affari Internazionali (IAI) hailed the creation of INSTEX as the first “tangible sign” by Europe to uphold the JCPOA, adding, however, that it is “still months away from being fully operational”.
Turkey’s Foreign Minister Mevlut Cavusoglu hailed the Instrument in Support of Trade Exchanges (INSTEX), the European Union’s special financial mechanism for trade with Iran, as a positive step.