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$4.5b in Iran's Non-Oil Trade Surplus With ECO States

EghtesadOnline: Iran recorded $4.57 billion in non-oil trade surplus with nine other members of Economic Cooperation Organization during the last fiscal year (ended March 20, 2019).
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Publish Date: 06/May/2019 | 13:58

ETFs Valued at $1.7 Billion in Iran

EghtesadOnline: The value of exchange-traded funds stood at 254.4 trillion rials ($1.7 billion) at the end of the first month (March 21-April 20) of the current fiscal, according to the Central Securities Depository of Iran.
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Publish Date: 06/May/2019 | 13:56

Moscow Vows to Expand Nuclear Cooperation With Tehran

EghtesadOnline: Russia aims to promote cooperation with Iran, including in the nuclear sector, despite the threat of US extraterritorial sanctions, Russian Deputy Foreign Minister Sergey Ryabkov said.
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Publish Date: 06/May/2019 | 13:54

Plan to Boost Safety of Ride-Hailing Passengers

EghtesadOnline: Tap30, the second most popular ride-hailing app in Iran, is planning to connect its security system directly to the police for improving the safety of passengers.
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Publish Date: 05/May/2019 | 13:24

US Extends Some Nuclear Waivers, Revokes Others

EghtesadOnline: The United States on Friday renewed several sanctions waivers that allow Russia, China and European states to engage in civilian nuclear cooperation with Iran, but revoked the other two as it heightens pressure on Tehran.
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Publish Date: 05/May/2019 | 13:22

Higher Exports Key to Countering Sanctions

EghtesadOnline: President Hassan Rouhani said Iran will work hard to maintain its oil sales and increase its non-oil exports to cushion the impact of harsh US sanctions.
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Publish Date: 05/May/2019 | 13:19

Foreign Companies Continue Ties to Iran’s Oil, Petrochem Sectors

EghteadOnline: Despite the new US sanctions and bullying, and concerns expressed by Dutch banks, Dutch companies are still cooperating with Iran’s oil industry, said the head of the Dutch pavilion at the 24th Iran International Oil, Gas, Refining and Petrochemical Exhibition, May 1-4, in Tehran.
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Publish Date: 05/May/2019 | 13:18

Iran's Mining PPI Inflation at 50.9% Last Year

EghtesadOnline: The average Producer Price Index for the mining sector in the last fiscal year (ended March 20, 2019) increased by 50.9% compared with the year before to reach 349.9 (using 2011 as the base year).
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Publish Date: 05/May/2019 | 13:13

36% Decline in Iran Free Trade Zone Imports

EghtesadOnline: A total of $1.28 billion worth of commodities were imported into Iran's free trade zones in the last fiscal year (ended March 20, 2019) to register a 36.4% decline compared to the year before.
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Publish Date: 05/May/2019 | 13:10

Car Prices in Iran: Chaotic Auto Market and Finger-Pointing

EghtesadOnline: With car prices hiking north of 30% over the past three weeks in Iran, local media and officialdom have rushed in to lay the blame at the feet of auto dealers and online marketplaces.
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Publish Date: 05/May/2019 | 13:07

Gasoline Rationing Plan Is Crucial, But Not Enough

EghtesadOnline: Many say that in the current economic conditions resuming the gasoline rationing system to better manage (curb) fuel consumption is inevitable, but may not help much in preventing smuggling.
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Publish Date: 05/May/2019 | 13:04

Central Bank of Iran: €2.2 Billion Sold Via Nima

EghtesadOnline: Since the beginning of the current fiscal (March 21) over 2.2 billion has been sold via the Integrated Forex Deal System, locally known as Nima, the Central Bank of Iran reported.
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Publish Date: 05/May/2019 | 13:00

Iran's New UN Envoy Vows to Amplify Iran's Voice on World Stage

EghtesadOnline: Iran's new ambassador to the United Nations says he will strengthen the country's status in debates over international issues, laws and policies, and fight unilateralism that poses a threat to the world.
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Publish Date: 05/May/2019 | 24:58

Iran's Bank Branch Closures Continue

EghtesadOnline: Banks and credit institutions continue to reduce their local branches in the past three months, although the overall cuts are not significant, IBENA reported.
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Publish Date: 04/May/2019 | 13:00

Plans to Counter ‘Economic Terrorism’

EghtesadOnline: Foreign Minister Mohammed Javad Zarif described the draconian US sanctions as "economic terrorism", stressing that Iran has devised plans to mitigate the impact of hostile measures.
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Publish Date: 06/May/2019 | 14:13

Stakes Raised by Lack of Iran-US Communication

EghtesadOnline: A lack of communication between Tehran and Washington has heightened concerns over a potential conflict in the strategic Persian Gulf, Iran's chief diplomat said.
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Publish Date: 04/May/2019 | 24:58

Iran: Car Prices Soaring Again

EghtesadOnline: Car prices have been soaring on an hourly basis in Iran over the past few days.
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Publish Date: 04/May/2019 | 24:56

Iran Gas Expansion Projects to Be Completed by 2023

EghtesadOnline: The national gas grid will be completed in three years after which the entire country will have access to the network by 2023, managing director of Iran Gas Company said at the weekend.
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Publish Date: 04/May/2019 | 24:55