SMSNEWS

Iran Business and Economic News in Fourth Week of the April Comp. Star Marine Services Original Source: www.NewsNow.co.uk

Azerbaijan Republic keen ’s industry , committed to buy on cooperation with Iran Azerbaijani president Iranian oil to avoid harm discuss economic ties on its energy supply Baku, April 19, IRNA -- 's TEHRAN, Apr. 19 (MNA) – Japan Minister of Economy Shahin Mustafayev remains committed to avoiding any TEHRAN, Apr. 19 (MNA) – Iran’s Minister said on Thursday that there are harmful impact from US sanctions on numerous capacities for boosting of Industries, Mining and Trade Reza Iran, as it sees the Middle Eastern oil cooperation with Iran which should be Rahmani and Azerbaijani President Ilham producer important for the country's used jointly. Please visit the following link Aliyev conferred on issues of mutual supply security, Minister of Economy, Trade and Industry Hiroshige Seko said for more information: interest in a meeting held in Baku on on Friday. Please visit the following link Thursday. Please visit the following link for more information: for more information: http://www.irna.ir/en/News/83284043 https://en.mehrnews.com/news/144285/ Japan-committed-to-buy-Iranian-oil-to- https://en.mehrnews.com/news/144278/Ir avoid-harm-on-its-energy an-s-industry-minister-Azerbaijani-

president-discuss-economic

Iran, Bulgaria sign six MoUs to widen cooperation Japan is talking to U.S. to keep its Iranian oil supply

TEHRAN, Apr. 19 (MNA) – Iran and Bulgaria have signed six Memoranda of Understanding steady: minister (MoU) to boost cooperation in different fields, including ports and marine transport, postal TEHRAN - Japanese Minister of services, trade, meteorology, and standardization policies. Please visit the following link for Economy, Trade, and Industry said his more information: country is trying to convince U.S. to keep buying Iranian oil in order to maintain its https://en.mehrnews.com/news/144288/Iran-Bulgaria-sign-six-MoUs-to-widen-cooperation energy supplies. Please visit the following link for more information:

https://www.tehrantimes.com/news/4348 76/Japan-is-talking-to-U-S-to-keep-its-

Iranian-oil-supply-steady

Drop in Iran's Aluminum Output

The output of Iran's major aluminum producers stood at an aggregate of 301,033 tons in the last Iranian year (ended March 20), which indicates an 11% decrease compared with last year's corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization reported. Please visit the following link for more information:

https://financialtribune.com/articles/dome stic-economy/97528/drop-in-irans- aluminum-output

Swiss Envoy: US Envoy: Iran seeking to Pressures not to Affect operationalize INSTEX- like mechanisms Tehran-Bern Banking Iran’s Ambassador to London Hamid Ties Baeidinejad said Iran is seeking to operationalize mechanisms similar to the one introduced by the in TEHRAN (FNA)- Swiss Ambassador to a bid to help boost its economic ties with Tehran Marcos Lightner, in a meeting the world. Please visit the following link with Governor of the Central Bank of for more information: Iran (CBI) Abdolnasser Hemmati, http://www.iran- reassured that Bern is after strong daily.com/News/251651.html banking relations with the Islamic Republic, underling that US' sanctions will not affect bilateral ties between the two countries. Please visit the following

link for more information:

http://en.farsnews.com/newstext.aspx?n n=13980130000334

No hope for European Ambassador hails U.S. Moves to Stop All doping to save JCPOA: considerable growth in Nations From Buying Iranian MP Iran- ties Iranian Oil, but China Is Defiant TEHRAN, Apr. 20 (MNA) – The chairman The Iranian ambassador to China said of Iranian Parliament’s Committee for that Tehran-Beijing ties have seen a WASHINGTON — In tightening sanctions Supporting Domestic Production said that considerable leap in previous months. on Iran, the Trump administration moved The Joint Comprehensive Plan of Action Please visit the following link for more on Monday to isolate Tehran (JCPOA) has reached its end and there is information: economically and undercut its power no hope for European doping to be able across the Middle East. Please visit the to save it. Please visit the following link http://www.iran- following link for more information: for more information: daily.com/News/251719.html

https://www.nytimes.com/2019/04/22/wor https://en.mehrnews.com/news/144308/N ld/middleeast/us-iran-oil-sanctions-.html o-hope-for-European-doping-to-save- JCPOA-Iranian-MP

Iran's ECA Wants Fair and Iran decide Iran seeking joint Share in Neighboring to open more border investment in 's Markets crossings and markets pharmaceutical sector

The Export Guarantee Fund of Iran, a Pak-IranPakistan and Iran Monday Baghdad, April 23, IRNA – Visiting Iran’s state-owned export credit agency, has agreed that cementing cooperation Minister of Health, Treatment and issued $3.4 billion worth of export between Iran’s Sistan-Balochistan Medical Education Saeed Namaki said insurance cover and guarantees for province and Pakistan’s Balochistan that Iran has serious plan to make joint Iranian traders who export goods to Iraq province including opening of new investment in Iraqi pharmaceutical over the past 10 years. Please visit the border crossings and border markets sector. Please visit the following link for following link for more information: will contribute towards improvement of more information: the economic situation of local residents https://financialtribune.com/articles/busine and constitute a step towards resolving http://www.irna.ir/en/News/83288259 ss-and-markets/97551/irans-eca-wants- border challenges and insecurities, according to a joint statement issued at fair-share-in-neighboring-markets the conclusion of Prime Minister Imran Khan’s two-day official visit to Tehran. Please visit the following link for more information:

https://dailytimes.com.pk/380617/pakist an-and-iran-decide-to-open-more- border-crossings-and-markets/

India prepared to deal North Khorasan annual Oil Price Hits Fresh 2019 with US decision to end exports exceed 433k tons High After US Ends Iran oil waivers: MEA

Waivers for Importing Iran

External Affairs Ministry spokesperson TEHRAN, Apr. 23 (MNA) – Some Oil Raveesh Kumar said the government will 433,700 tons of commodities worth over continue to work with partner nations, $134 million were exported from the including with the US, to find all possible ways to protect 's energy and northeastern Iranian province of North TEHRAN (FNA)- Brent crude oil price on economic security interests. Please visit Khorasan in the last fiscal (ended March Tuesday rose to its highest level this year, the following link for more information: 20). Please visit the following link for just hours after Washington decided not to more information: https://www.dnaindia.com/business/repor renew waivers that allow eight countries to t-india-prepared-to-deal-with-us-decision- buy Iranian oil without facing the United to-end-iran-oil-waivers-mea-2742442 https://en.mehrnews.com/news/144419/ States' punishment. Please visit the following link for more information: North-Khorasan-annual-exports-exceed- 433k-tons http://en.farsnews.com/newstext.aspx?nn=

13980203000431

Iran Says Its Oil Exports Will Never Plummet to Less than Iran Trade With 1m Barrels Grows by 13% A senior Iranian lawmaker says despite the US decision to tighten its sanctions on Iran’s oil sector, the country’s oil exports will never decrease to less than one million barrels per day. Please visit the following link for more information: Iran traded 93,623 tons of non-oil https://ifpnews.com/exclusive/iran-says-its-oil-exports-will-never-plummet-to-less-than-1m- commodities worth $176.13 million with barrels/ Australia in the last Iranian year (ended March 20, 2019), registering a 52.23% and 13.03% growth in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show. Please visit the following link for more information:

https://financialtribune.com/articles/dom estic-economy/97565/iran-trade-with- australia-grows-by-13

240 investment MoUs signed in Hormuzgan

Qeshm, April 24, IRNA – Some 240 memoranda of understanding (MoUs) valued at 100,000 billion Tomans were signed during the Conference on International Investment in Hormuzgan We seek expanding : Iran payment system province, said the province's governor general late on Tuesday. Please visit bilateral economic relations making positive progress the following link for more information: with Tehran: Bosnian diplomat France reports progress in efforts towards the http://www.irna.ir/en/News/83289660 implementation of a direct payment

mechanism, which the European country has TEHRAN, Apr. 23 (MNA) – The Bosnia and launched alongside Britain and Germany to Herzegovina’s under-secretary for bilateral India: New US decision safeguard trade with Iran in the face of US relations says that his country is seeking to sanctions. Please visit the following link for not to impact Chabahar expand bilateral relations with Iran in more information: various fields of trade, economy as well as project

cultural and scientific fields. Please visit the following link for more information: https://www.presstv.com/Detail/2019/04/23/59 The US decision to end waivers for 4155/Iran-France-payment-mechanism- purchase of crude oil from Iran will not https://en.mehrnews.com/news/144436/we- United-States-sanctions-INSTEX-oil impact the Chabahar port project being seek-expanding-bilateral-economic- developed by India, a US State relations-with-Tehran-Bosnian Department official has told PTI news agency. Please visit the following link IMIDRO: Mining industry annual exports fetched Iran for more information: $9.2b https://www.presstv.com/Detail/2019/04 Iran exported minerals worth more than $9.22 billion in the year to March 2019, /24/594222/Iran-India-Chabahar-US- according a report by Iranian Mines and Mining Industries Development and Renovation waivers-oil-sanctions Organization (IMIDRO). Please visit the following link for more information:

http://www.iran-daily.com/News/251817.html

Pak trade body welcomes Export of goods through Non-Europeans INSTEX; PM Imran’s visit to Iran customs of Iran's Qeshm a way to leave behind US sanctions Islamabad, April 24, IRNA -- President island up by 139% of the Federation of Pakistan Chambers Tehran, April 24, IRNA - The delay and of Commerce and Industry has persistent hesitations of the Europe to appreciated Prime Minister Imran TEHRAN, Apr. 24 (MNA) – More than implement the Instrument in Support of Khan’s recent visit to Iran and stated Trade Exchanges (INSTEX), have that it will open the opportunities for 7,160 tons of products worth $3.31 million driven Tehran and non-European enhancement of bilateral trade and were exported through the customs of partners to launch a similar mechanism economic relations between both Iran's Qeshm island, one of the islands of to place economic relations in a suitable nations, local media reported. Please Iran’s southern Hormozgan province last framework for safer passing through the visit the following link for more Iranian year (started on March 21, 2018), US sanctions. Please visit the following information: link for more information: Director General of the Qeshm Customs http://www.irna.ir/en/News/83290320 Office of Hormozgan province Hossein Saidi said. Please visit the following link http://www.irna.ir/en/News/83290631

for more information: https://en.mehrnews.com/news/144482/E xport-of-goods-through-customs-of-Iran-s- Qeshm-island-up-by

Iran Economy Minister in Beijing for Forum on Belt, Road Initiative

Minister of Economic Affairs and Finance Farhad Dejpasand arrived in Beijing on Wednesday at the head of an economic delegation to attend an international conference on China's Belt and Road Initiative, which runs from Thursday to Saturday. Please visit the following link for more information: https://financialtribune.com/articles/domestic-economy/97585/iran-economy-minister-in-beijing-for-forum-on-belt-road-initiative