Iran signed a memorandum of understanding with Russia and Kazakhstan on importing wheat from the two nations, based on a temporary trade agreement between Tehran and the member states of the Eurasian Economic Union (EEU), said an Iranian deputy Agricultural Jihad minister.
China imported more than 900,000 barrels per day (bpd) of crude oil from Iran in July, up more than eight percent from the month before, data released by China's General Administration of Customs (GAC) on Tuesday showed.
India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a waiver of US sanctions past early May, two sources in India with knowledge of the matter said.
China plans to remove import and export tariffs in 2019 on a range of goods, including import taxes on alternative meals used in animal feed, to secure supplies of raw materials amid trade tensions with the United States and boosting outbound cargoes.
Indonesia is expected to post a smaller trade deficit in November compared with a month earlier, a Reuters poll showed on Friday, in a relief to the central bank which has been raising rates to defend the rupiah.