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Iran Business and Economic News in First Week of the August Comp. Star Marine Services

Original Source: www.NewsNow.co.uk

Iran’s Rice Production to Reach 2.5 Million Tons p.a.

Domestic rice production is expected to reach 2.5 million tons by the end of the current Iranian year (March 19, 2020), the director general of the Agriculture Ministry’s Grains and Essential Goods Department said. Please visit the following link for more information:

https://financialtribune.com/articles/domestic-economy/99228/irans-rice-production-to-reach-25-million-tons-pa

INSTEX Uses Factoring to Fast-Track Transactions

With the appointment of Bernd Erbel as new president of the Instrument in Support of Trade Exchanges (INSTEX) earlier in the week, it appears that the Iran-EU trade mechanism is entering its next phase. Please visit the following link for more information:

https://financialtribune.com/articles/business-and-markets/99239/instex-uses-factoring-to-fast-track-transactions

9 neighbor countries to import Iran gasoline: official

TEHRAN, Aug. 03 (MNA) – Nine neighboring countries have shown interest to import Iran’s high-quality gasoline, according to Chairman of Energy Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Reza Padidar.Please visit the following link for more information:

https://en.mehrnews.com/news/148387/9-neighbor-countries-to-import-Iran-gasoline-official

Read more Newsletter 1ST week of Aug