A non-oil export support plan prepared by the Trade Promotion Organization (TPO) for the rest of the current Iranian year (to end March 19, 2020) was approved by Iran’s Resistance Economy Headquarters.
Iran’s non-oil trade with other countries registered a $100-million positive balance in the first nine months of the current Iranian year (March 21–December 21), according to the head of Trade Promotion Organization of Iran.
Kiwifruit exports from the northern Iranian province of Mazandaran is expected to witness a year-on-year rise of 100 percent by March 21 on the back of the increased demand by India and Russia, said a director of the provincial Agricultural Jihad Organization.
Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid US sanctions contained in legislation signed by US President Donald Trump.
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.