Iranian and Iraqi authorities signed an agreement that would allow 500 Iranian cargo trucks to enter the Arab country through Mandali border crossing every week, a local official said.
Iraq to allow entry to 500 Iranian trucks weekly
The secretary of the Syndicate of Steel Pipe and Profile Manufacturers said that Iran’s pipe and profile industry has the capacity of exporting $1 billion worth of these products to other countries.
Iran has capacity of exporting $1b worth of pipes, profiles: Official
Iran is currently producing 6.5 million three-layered and N95 face masks per day, said the deputy minister of industry, mine and trade.
Iran producing 6.5m face masks a day: Deputy minister
The inauguration of the Chabahar-Zahedan railroad, in southeastern Iran, will create an $80-billion capacity for goods transit, said the director general of Sistan and Baluchestan Province’s Ports and Maritime Department on Monday.
Chabahar-Zahedan railroad will create $80b capacity for goods transit: Official
In the first quarter of the current Iranian year (March 20-June 20), 58 foreign direct investment (FDI) plans worth $832.6 million were approved in Iran, according to a report by the Ministry of Industry, Mine and Trade.
Nearly 60 FDI plans approved in three months
Jordan's Prime Minister Omar al-Razzaz promised to deepen a crackdown on tax evasion that officials say has deprived the country's cash-strapped economy of billions of dollars' revenue in recent years.
Jordan presses sweeping tax evasion crackdown to aid ailing economy
Indian business sentiment turned negative for the first time in more than a decade, reflecting pessimism on activity and profits following the coronavirus outbreak.
Indian business outlook is the worst in the world: IHS
Gold prices rose on Monday, holding ground above the key $1,800/oz level, as a weaker dollar and worries over surging COVID-19 cases around the globe kept the safe-haven metal underpinned.
Gold holds firm above $1,800 per ounce
Australia’s effective unemployment rate that also includes people who have opted against searching for work as the economy contracts is almost double the official jobless level, Treasurer Josh Frydenberg said.
Australia’s effective unemployment rate 13.3%, Frydenberg says

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