imports - page 7

EghtesadOnline: Iraq and Iran are neighbors: Around $25 million worth of Iranian goods enter Iraq every day. But it is not clear what will happen when a three-month US waiver that allows Baghdad to trade with Tehran expires.

EghtesadOnline: Iran’s imports during the first month of the current Iranian year that ended on April 20 stood at $2.3 billion.

EghtesadOnline: The government will no longer grant subsidized foreign currency for the import of red meat, Deputy Agriculture Minister Morteza Rezaei told Fars News Agency.

EghtesadOnline: A total of 7.09 million tons of finished and semi-finished steel products were exported from Iran during the 11 months to Feb. 19 to register a 4.33% year-on-year decrease, the Iranian Steel Producers Association's latest report showed.

EghtesadOnline: Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply coming on stream over the next months.

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said Sunday gasoline needs are now fully supplied by domestic refineries and imports ended in September.

EghtesadOnline: Iran exported 4.58 million tons of agricultural and food products worth $4.57 billion during the first eight months of the current Iranian year (March 21-Nov. 21) to register a 7.9% growth in value compared with last year's corresponding period.

EghtesadOnline: The Central Bank of Iran said after the creation of the secondary foreign exchange market – known by its Persian name Nima – in late April, €6.8 billion was sold by it for imports .

EghtesadOnline: Much as the Iranian national currency's steep devaluation in recent months gave rise to challenges, it has also provided a boost to the country's trade balance on the back of surging exports and dwindling imports .

EghtesadOnline: The central bank governor said volume of foreign currency trade in the secondary market amounted to €7.3 billion in the past two months. Abdolnaser Hemmati predicted that this amount would accelerate because the government has bestowed more power on the Central Bank of Iran to offer forex from petrochemical exports and other non-oil exporters in the secondary market, the regulator reported on its website on Saturday.

EghtesadOnline: Key entities in Iran's government are preparing to officially endorse the import of hardware required to mine cryptocurrency in complementary efforts aimed at backing crypto mining to help an economy under heavy pressure.

EghtesadOnline: The Islamic Republic of Iran Customs Administration has denounced claims that it intends to generate revenues by levying foreign exchange rate difference surcharge on imports .