The Iranian Investment Petrochemical Group (IIPG) allocated over $1 billion to the construction of four petrochemical complexes across the country, said the private investment firm’s managing director.
Prior to the onset of the coronavirus crisis South Asian women participated only sparingly in the labor market. Even though South Asia was and still has the potential to become one of the fastest growing regions in the world (post COVID19) female labor force participation rates were low at 23.6 percent compared to 80 percent for men (World Bank figures).
The Central Bank of Iran (CBI) upholds the opinion voiced by the country’s Judiciary about the method of settling bank claims, and maintains that it should not lead to the closure of any domestic production unit.
Iran is earning tens of millions of dollars each month from exports of farming products despite trade bans imposed on the country and a new coronavirus pandemic which has seriously affected cross-border shipments.
Iran’s minister of roads and urban development said an initial deal was reached with Iraq to build a long highway that would ease traffic across the border and help boost trade between the two neighboring countries.