US Sanctions on Iran Pinch Indian Tea, Rice Exportersndian traders of basmati rice and tea have started to feel the heat from US sanctions looming on Iran.
Time to Resume Garlic Exports to IraqIraq’s Agriculture Ministry had banned the import of Iranian garlic in 2015, which has now been lifted, said Iran’s commercial attaché to Iraq, Nasser Behzad, adding that it’s time to resume exports.
EU to Protect Firms in Iran Following US Refusal to Grant WaiversEU countries on Monday gave European firms legal cover to operate in Iran despite the US pullout from the nuclear deal, after a report that the US administration has rejected calls by Brussels for an exemption from sanctions.
Colza Production Exceeds ExpectationsThe government has purchased more than 300,000 tons of colza worth around 9 trillion rials ($209.3 million) from local farmers so far this year, indicating an 85% rise in tonnage compared with last year’s corresponding period.
Iran exports $403m worth of dates, raisins in one year Iran exported some $403 million of dates and raisins over the past Iranian year (ended on March 20), according to the secretary-general of the Foundation of Iranian Food Industries Associations.
Q1 Banana Import at Over $130mA total of 141,139 tons of bananas worth $137 million were imported into Iran during the first quarter of the current Iranian year (March 21-June 21), which shows a 24% drop in weight and a 3% decrease in value year-on-year.
Iranian bank gets green light to open branch in Mumbai India has approved a proposal from Iran’s Bank Pasargad to open a branch in Mumbai, Indian Express reported on Saturday.
Tehran-Brasilia Agro CooperationBrazil is among top exporters of basic agricultural products to Iran with the country purchasing about $780 million worth of corn, $565 million worth of meat and $280 million of sugar from the South American country in 2017.
EU lawmakers back plan for EIB work in IranEU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking attempt and keeping alive plans to save the 2015 nuclear deal with Tehran that Washington has abandoned.
Iran's 1st marketing center to be launched in IraqThe first marketing and exports center for Iranian products is supposed to be established in Iraq, Iran's commercial attaché in Iraq said.
