Iranian petrochemical companies injected close to $10 billion in foreign currency into the domestic economy in the year to March 2019, said the managing director of the Persian Gulf Petrochemical Industries Company (PGPIC) on Saturday.
South Korea’s foreign minister told US Secretary of State Mike Pompeo that Japan’s export curbs against Seoul are “undesirable”, the Foreign Ministry said on Thursday, as a trade row between the East Asian neighbors grows.
Japan’s decision to restrict key supplies for South Korea’s semiconductor industry has shed light on the considerable size of Japanese investment in the nation’s financial market, stoking concerns over its impact on the nation’s economy if political bickering spreads to the capital market.
Japan plans to tighten restrictions on the export of high-tech material used in smartphones and chips to South Korea from July 4 in connection with a dispute over a South Korean ruling on war-time forced labor, the Sankei newspaper reported on Sunday.
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said on Wednesday that his country is restoring its position in the global oil market with increasing supply to its international customers through new methods.
Japan remains committed to avoiding any harmful impact from US sanctions on Iran, as it sees the Middle Eastern oil producer important for the country's supply security, Minister of Economy, Trade and Industry Hiroshige Seko said Friday.
Iran exported 4.484 million tons of crude steel as well as 2.6 million tons of steel products during March 21, 2018-February 19, 2019, announced the Iranian Steel Producers' Association (ISPA) in a statement on Sunday.