Iran needs about $42.8 billion of financial resources for completing its transportation infrastructure projects, said deputy roads and urban development minister for resource planning and management.
Nearly $43b needed for completion of transport infrastructure projects
Iran’s sale of petrochemical products in a local energy exchange exceeded $200 million in one week as the government keeps using the mechanism to bypass the US sanctions imposed on the oil and gas industry.
Iran’s weekly sale of petrochemicals in local bourse exceeds $200m
Germany’s engineering giant Siemens is backing Iran in plans to launch power plants relying on modern gas turbines that would add some 5 gigawatts (GW) to the country’s electricity generation capacity.
Siemens helping Iran launch 5 GW of modern power plants
South Korea’s US crude oil imports rose 80.4 percent in November from a year earlier, with imports in the first 11 months soaring 165.3 percent, customs data showed on Sunday.
South Korea's November US crude imports up 80.4% year-on-year
Ugandan Parliament Speaker Rebecca Kadaga, in a meeting with Iranian Ambassador to the African country Seyed Morteza Mortazavi, called for widening mutual cooperation in the agriculture sector, and asked Tehran to help Kampala with manufacturing agricultural machinery such as tractors.
Uganda eying Iran’s help in agriculture
Turkey’s Foreign Economic Relations Board (locally known as DEIK) hosted an Iran-Turkey business forum in which the two sides discussed issues pertaining to bilateral trade.
Iran-Turkey business forum held in Istanbul
Indonesian Ambassador to Tehran Octavino Alimudin voiced his country's willingness to increase trade and economic exchanges with Iran, and said that he will do his best to help boost mutual cooperation.
Indonesia eyeing more trade exchanges with Iran
Iranian officials say a Russian contractor is taking over at a major power plant south of the country which is expected to be built through finances provided by Moscow.
Russian contractor starts work at power plant south of Iran: Official
A key petrochemical company in Iran significantly increased its production of polyethylene terephthalate, or PET plastic, allowing the country to resume exports of a product which has a high demand in bottling and textile industries.
Iran resumes exports of PET used in bottling, textile industry

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