ECONOMY
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.
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said the country’s non-oil exports are improving following a downtrend of the coronavirus cases in the country, IRNA reported.
Iranian government is going to announce a $1-billion support package for promoting non-oil exports in the current Iranian calendar year (began on March 20), Tasnim news agency reported on Wednesday, quoting an official with Trade Promotion Organization (TPO).
Trade between Iran and EU member states during January-March 2020 stood at €1.16 billion to register a 0.22% decline compared with last year’s corresponding period, latest data provided by the European Statistical Office show.
Iran’s deputy foreign minister for economic diplomacy expressed dissatisfaction with the volume of transactions that Tehran has been able to carry via a financial mechanism the EU has devised for trade with the Islamic Republic, known as INSTEX.
It has been few weeks since the rumors began spreading that Iran intended to ship several fuel consignments to Caracas to help alleviate Venezuela’s severe fuel problems.
Production of steel products in Iran reached 1.534 million tons in the first Iranian calendar month Farvardin (March 20-April 19), IRNA reported citing the data released by the country’s steel producers.