Iran’s newly inaugurated Chabahar Port will enhance the country’s significance for the Central Asia region, serving as a corridor for transporting goods from/to Afghanistan, India, as well as link other important trade roads, providing access to the ocean, James M. Dorsey, political analyst, senior fellow at Singapore’s Nanyang Technological University, told Trend News Agency.
Iran becomes new transit hub for Central Asia
India, the world's No. 3 crude oil consumer, received about 266,000 barrels per day (bpd) of oil from Iran in November, according to a review of tanker arrival data from trade sources and numbers available on Thomson Reuters Eikon.
India's November Iran oil imports hit 266,000 bpd
The Economic Cooperation Organization (ECO) countries have agreed to double the trade volume among the member states from the current $60 billion to $120 billion.
ECO countries agree to double trade volume to $120b: Official
Speculations are rising that China’s leading oil and gas company CNPC could replace French energy giant Total in a key Iranian natural gas project if any new US sanctions against investments in Iran’s economic projects forces it to leave the country.
CNPC eyeing Total takeover in giant Iran gas job
Boeing hinted that it might have lost a major order from Delta Air Lines to its Airbus based on the lower prices of the European rival's airplanes.
Boeing might lost Delta's 100-jet order to Airbus
A quarterly business outlook survey by Japan's central bank shows corporate sentiment has improved to its highest level in 11 years in the latest upbeat signal for the economy.
Japan survey shows corporate sentiment at 11-year high
A report shows inequality stabilizing at high levels in most countries, despite gains among the poor in China and much milder disparities in incomes and wealth in Western Europe.
Rich to get still richer as world inequality grows
South Korea and China agreed to speed up negotiations to include the service and investment sector in the bilateral free trade agreement (FTA) as follow-up measures for the two-year-old deal, Seoul's commerce ministry said.
South Korea, China to speed up FTA talks on services, investment
Policymakers at the Bank of England believe the risk of a ‘no-deal’ Brexit has been reduced by Prime Minister Theresa May’s Brussels agreement last week — and that this breakthrough may boost UK economic confidence in the coming months.
Brexit: UK economy may see boost
The European Central Bank (ECB) has lifted its economic growth forecasts as growth across the eurozone picks up.
Eurozone economy to grow at faster rate

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