EghtesadOnline: Imports of essential goods are underway at the southern Imam Khomeini Port.
EghtesadOnline: The Majlis on Monday restricted the government’s ability to use subsidized foreign currency for importing basic goods in the next fiscal year that begins in March.
EghtesadOnline: Importing electricity from Iran is of vital importance for Iraq (both politically and economically), the Iraqi Minister of Electricity Majid Mahdi Hantoush said at the weekend.
EghtesadOnline: The National Iranian Gas Company has officially notified Turkey's Botas, the gas importing company, about its lack of cooperation regarding resumption of natural gas import from Iran that was interrupted 60 days ago, the NIGC chief said.
EghtesadOnline: Despite persistent calls by economic experts and academia on the government to scrap subsidized currency allocations, it appears that the controversial forex policy to pay for importing basic goods, will be sustained in next year’s budget (March 2020-21).
EghtesadOnline: Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply sources, Minister of Economy, Trade and Industry Hiroshige Seko said Tuesday.
EghtesadOnline: The United States has allowed Iraq to import Iranian gas for its power grid for another three months by extending a waiver to US sanctions for Baghdad, two government sources said on Saturday.
EghtesadOnline: Governor of the Central Bank of Iran said at the weekend Japan has resumed importing Iranian oil after China, South Korea, India and Turkey.