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CBI provides $9.5b in six months for import of basic goods, medicine

The Central Bank of Iran (CBI) provided $9.5 billion for importing basic goods as well as medicine in the six months to September 22, a deputy CBI head announced.

Annual transit of goods via Iran to hit 11m tons: Customs official

Transit of goods via Iran is forecast to reach 11 million tons in the current Iranian year (started on March 21), said the spokesman of the Islamic Republic of Iran Customs Administration (IRICA).

CBI allocates about $15b for import of basic goods in four months

The Central Bank of Iran (CBI) allocated about $15 billion for importing basic and essential commodities as well as medicine in the first four months of the current Iranian year (March 21-July 22).

Rouhani: No worries over supply of basic, strategic goods

Iranian President Hassan Rouhani said on Sunday that enough basic and strategic goods have been produced and imported into the country and there are no worries over the supply of such commodities.

Iran allocates $1.4b to basic goods imports in March-February

The Central Bank of Iran (CBI) said some $1.4 billion was earmarked for basic goods imports in the months of March and February despite limits on the country’s hard currency resources because of US sanctions.

Shahid Rajaee Port handles 4.5m tons of goods in 10 months

Iran’s biggest container port near the Strait of Hormuz, Shahid Rajaee Port, handled 4.5 million tons of goods during the 10 months to January 19.

Basic goods imports exceed 4m tons in 10 months: GTC

Iran’s Government Trading Company (GTC) said the country imported over four million tons of basic goods in the 10 months to late January despite pandemic-related restrictions imposed at borders and difficulties facing the country in settling trade payments.

Rouhani: Supplying basic goods government’s priority during economic war

National Desk

WTO rules EU can apply tariffs on US goods as trade war deepens

The EU has been given permission to levy tariffs on US products worth $4 billion in retaliation for subsidies given to Boeing, in the latest salvo in a bitter 16-year battle between the US plane maker and its European arch rival, Airbus.

Service exports contribute more to South Korea's 2019 economic growth than goods

South Korea's exports of services contributed more to its economic growth in 2019 than overseas shipments of goods, a report showed on Wednesday.

Iran, Malaysia hold progressive talks on preferential trade deal

A third round of discussions on signing a preferential trade agreement (PTA) between Iran and Malaysia have shown a progress on Wednesday during a meeting held via a video conference call, said a senior official from Iran’s Trade Promotion Organization.

627,000 tons of basic goods imported via Chabahar port

A sum of 627,000 tons of basic goods were unloaded at Iran’s oceanic port of Chabahar since the beginning of the current Iranian year (March 20), said the director general of Sistan and Baluchestan Ports and Maritime Department.

Iran, Turkey exchanged goods by 6,300 freight cars since mid-March: IRICA

A total of 6,300 railroad cars transported goods between Iran and Turkey since the beginning of the current Iranian year (which started on March 20).

Iran shipped $60b worth of goods, services since start of US sanctions

Iran has profited around $60 billion from exports of products, services and energy since the US imposed its sanctions on the country’s sale of crude two years ago, said a senior official of the Iranian Ministry of Industry, Mine and Trade (MIMT).

Official: 14m tons of essential ‎goods transported from ports in two months

Domestic Economy Desk