Iran Economic News Headlines - Jan 14

EghtesadOnline: Here are Iran's economic news headlines for Jan 14:

News ID: ۷۸۴۴۸۴

15 January 2019

Deputy Minister of Roads and Urban Development Hamed Mazaherian: The housing market is bracing for recession. (ILNA)

Navy’s Deputy Commander Rear-Admiral Touraj Hassani-Moqaddam: Marine transportation accounts for 93% of Iran’s exports and imports. (Mehr News Agency)

CEO of the Islamic Republic of Iran Shipping Line Mohammad Saeedi: US sanctions aim to paralyze Iran's shipping industry. (Mehr News Agency)

Deputy Oil Minister Amir Hossein Zamaninia: Despite US pressure, the EU’s payment system, aimed at facilitating trade with Iran, will be set up soon. (Mehr News Agency)

Abbas Zare', an Agriculture Ministry official: More than $1 billion have been invested for implementing new irrigation systems in Iran since [the Iranian year] 1395 [March 2016-17]. (IRNA)

Foreign Minister Mohammed Javad Zarif: Iran can be a bridge between India and the Persian Gulf. (The Economic Times)

Minister of Industries, Mining and Trade Reza Rahmani: Exports will be the driving force in Iran's economic plans next [Iranian] year [starting March 21], hence export promotion is among the government's main priorities. (IRNA)

Managing Director of Chandeliers Cooperatives Mohammad Reza Qareh-Yazi: Iran annually exports $200 million worth of chandeliers to neighboring countries. (Mehr News Agency)

Commander of the Islamic Republic of Iran Railways Police Force Colonel Heshmatollah Maleki: More than 117,000 tons of contraband commodities worth 749.6 billion rials [$6.57 million] were confiscated in Iranian railroads during the first nine months of the current [Iranian] year [March 21-Dec. 21]. (News.mrud.ir)

Ahmad Anaraki Mohammadi, a member of Majlis Economic Commission: Over the past 40 years since the Islamic Revolution, 100 airports have been built in different parts of the country. (IRNA)