In his meeting with the Deputy Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) for International Affairs Mohammadreza Bakhtiari, South Korea’s new Ambassador to the Islamic Republic of Iran Yu Chang Hwang announced the continuation of South Korean companies with Iran despite US pullout from JCPOA.
South Korean firms to continue cooperation with Iran despite US sanctions
European Central Bank President Mario Draghi has declared that eurozone economic growth is on a steady course and that the risk of deflation is fading, allowing the central bank to phase out its bond-purchase program by the end of December.
The ECB’s bond-buying program was a flop
Growing uncertainty triggered by escalating trade tensions and political risks would cloud global growth outlook, the Organization for Economic Cooperation and Development (OECD) warned, expecting weaker economic performance for the 2018-19 period.
OECD cuts global growth forecast on high uncertainty
Japan's annual core consumer inflation ticked up slightly in August but remained distant from the central bank's two percent target, suggesting that monetary policy will stay ultra-loose for the time being.
Japan inflation ticks up but BoJ's target still out of reach
India’s rupee may be set to recover as oil peaks out and investors realize the currency has been sold off too heavily amid the emerging-market rout, State Bank of India said.
Oversold rupee to rise as oil peaks, biggest India bank says
Iran produced 18.428 million tons of iron ore aggregate concrete during the first five months of the current Iranian year (March 21-August 22).
Over 18m tons of iron ore aggregate concrete produced in five months
A member of China-Iran Friendship Association, believes that Tehran has plenty of potentials for contributing to the New Silk Road, but still has not fully utilized these capacities to enter the One Belt, One Road project.
Iran has plenty of potentials for contributing to New Silk Road: Official
Iran exports pastry and chocolate worth of $700 million to more than 60 countries annually.
Iran annual exports of pastry, chocolate hit $700m
US sanctions on Iran's oil industry are unproductive and there will be consequences to such a move, Russian Energy Minister Alexander Novak said.
US sanctions on Iran unproductive, wrong: Novak

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