The Bilateral Payment Arrangement for trade between Iran and India, called the special purpose vehicle (SPV), is fully operational, said Indian Ambassador to Iran Gaddam Dharmendra.
Ambassador: SPV for trade between India, Iran fully operational
Iranian Oil Minister Bijan Namdar Zanganeh mocked US President Donald Trump’s claim that his country does not need Middle East oil and natural gas “anymore”.
Iranian oil minister mocks Trump’s claim on Middle East oil
A member of the Iranian Parliament rejected reports suggesting that Russia is taking over in Chabahar, a strategic port in southeast Iran, to replace India after it reportedly withdrew from development plans for the region.
Iranian MP rejects reports that Chabahar port will be leased by Russia
A British judge on Friday gave the green light for a tiny private firm to seize more than $9 billion in assets from the Nigerian government over a failed natural gas deal.
UK court opens way for $9b claim against Nigeria
Port of Chabahar is a shortcut hub for international trade of Iran, Pakistan, Afghanistan and the route for outside world of the Central Asian states, an Iranian official said on Saturday.
Official says Chabahar port, hub of int'l trade
Some 630,000 tons of goods were exported to neighboring Iraq through Mehran border in western Iran during March 21-July 22, 2019, said the director general of Ilam Customs Office on Sunday.
Iran exports 630,000 tons of goods to Iraq via Mehran border
Twenty power plants, with a production capacity of 3,000 megawatts, will become operational in 13 provinces across Iran by March 2020, said the Iranian energy minister.
Energy minister: 20 power plants to be inaugurated by next March

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