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

Original Source: www.NewsNow.co.uk

Qeshm Island Starts Construction of Marine Industries Tech Tower

Construction of a specialized technology tower for marine industries in Qeshm Island, off the Persian Gulf, started on Tuesday. Please visit the following link for more information:

https://financialtribune.com/articles/sci-tech/97607/qeshm-island-starts-construction-of-marine-industries-tech-tower

EEU to reduce import duties on Iranian goods

At the plenary session of the Senate of Kazakhstan, the deputies adopted a law on ratification of a temporary agreement on the formation of a free trade zone between the countries of the Eurasian Economic Union (EEU) and Iran. Please visit the following link for more information:

http://www.iran-daily.com/News/251945.html

China, US face off on Iranian crude flows, with risks to global economy

Washington — China and the US are in an intense standoff over Iranian crude oil, with China indicating they may continue to import those medium and heavy barrels even after a sanctions waiver expires next week and the US threatening potentially severe consequences if they do. Please visit the following link for more information:

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/042619-china-us-face-off-on-iranian-crude-flows-with-risks-to-global-economy

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