CBI Governor: Sanctions Not to Stop Iran's Growth

Economy - Iran’s economy should continue to grow even if economic sanctions remain in place, the Governor of Iran Central Bank (CBI) Valiollah Seif said.

Economy - Various petrochemical, industrial, and agricultural products experienced significant trade growth in Iran Mercantile Exchange (IME) in terms of both volume and value during the last week (October 11-15).
Economy - An Iranian oil official has dismissed reports that Iran’s crude price reduction is due to the country’s rivalry with Saudi Arabia in the oil market.
Economy - Iranian Economy Minister Ali Tayyebnia blasted the West-led sanctions against Tehran, and said the embargos have deliberately targeted the Iranian people.
Economy - Iranian companies sold over 120,000 tons of various grades of Bitumen with the total value of $62mln to the foreign customers of Iran Mercantile Exchange (IME) in a working day earlier this week.
Economy - Over 6.760 million tons of commodities have been transited through Iran in the first half of the current Iranian calendar year (March 21 – Sept 22), a transportation official said.
Economy - U.S. exports to Iran jumped 40 percent in value in the sixth Iranian calendar month of Shahrivar (August 23-September 22) compared to the same month in the previous year, the ISNA news agency reported on Friday.
Economy - Iran imported 51,474 cars in the first six months of the current Iranian calendar year, which began on March 21, a 115 percent rise year on year.
Economy - Iran’s Industries, Mines and Trade Minister Mohammad Reza Nematzadeh said non-oil production and export are the ministry’s main strategies to achieve resistance economy.
Economy - Iranian Foreign Minister Mohammad Javad Zarif and his Pakistani counterpart Hanna Rabbani called on relevant officials to do their best to remove the existing barriers to the expedition of the Iran-Pakistan (IP) gas pipeline project.
Economy - Iranian Minister of Energy Hamid Chitchian announced that his ministry is determined to build more mini power plants in the country due to their cost-effective construction.
Economy - Iranian Roads and Urban Development Minister Abbas Akhoundi reiterated Tehran's willingness to expand its railway connections with neighbors, and said Iran is ready to complete Qazvin-Rasht-Anzali-Astara railway through cooperation with Russia and Azerbaijan.
Economy - Tehran and Moscow are resolved to use their national currencies in bilateral trade, Iranian Oil Minister Bijan Namdar Zanganeh said.
Economy - Iran's giant natural gas reserves, its modern gas extraction sites, and gas transfer infrastructure have persuaded its Arab neighbors to import natural gas from the country, a report said.
Economy - The construction of Iran's gas pipeline to Iraq has been accomplished and it has now reached the Arab country's Al-Mansoureh power plant, informed Iraqi sources disclosed on Sunday.
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