Iranian Deputy Minister of Roads and Urban Development Shahram Adamnejad said Tehran and Ankara have reached major agreements on road and railroad transport, including on establishment of an international corridor connecting Afghanistan to Turkey via Iran.
Iran, Turkey to launch int’l transit corridor
Projects worth $3.5 billion, belonging to the domestic mining sector, will be completed by March 2020, said the Iranian deputy industry, mine and trade minister.
Deputy minister: Mining projects valued at $3.5b to be completed by March 2020
Although Iran cannot currently sell its oil with convenience, it will not stop efforts to this end, said the country’s Oil Minister Bijan Namdar Zanganeh.
Oil minister: Iran will not stop efforts to sell oil
The head of the Erzurum Economic and Entrepreneur Association Ibrahim Gozutuk said on Wednesday that Turkish traders are enthusiastic to take advantage of the economic capacities of the Maku Free Trade Zone, adding that facilitating trade will help boost foreign investment in the free trade zone.
Turkish businessmen eager to use Maku FTZ economic capacities
Pakistan’s Ambassador to Tehran Riffat Masoud underlined her country's willingness to further develop ties and cooperation with Iran, citing Islamabad’s “serious efforts” to accomplish its end of the peace gas pipeline.
Pakistan resolute on peace pipeline with Iran: Envoy
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has given permission for withdrawing $300 million from the National Development Fund of Iran to construct a railroad line between the southeastern cities of Zahedan and Chabahar, the vice president said.
Leader authorizes using NDF resources for Zahedan-Chabahar railroad construction
Speaking on the sidelines of a cabinet meeting on Wednesday, the Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that the US sanctions regime helped remove the dollar from trade transactions between various countries.
CBI: US sanctions helped remove dollar from trade transactions
Japan's exports fell 12 percent in August from a year earlier as it logged a second straight month of deficits as the toll from trade tensions between its two largest markets deepened.
Japan exports sink on weaker trade with China, US
The UK is lagging behind the world’s other advanced economies in the shift to robots and automation in the workplace — putting jobs, businesses and the prosperity of whole regions at risk, according to an influential group of MPs.
UK economy has 'too few robots', warn MPs
By Jomo Kwame Sundaram & Michael Lim Mah*
Developing economies’ subordinate financialization

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