Posts Tagged “Iran”

Iran Slips in Int’l Property Rights Index

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Iran Slips in Int’l Property Rights Index

Iran’s International Property Rights Index score has declined by 0.169 to 4.578, placing it 12th in the Middle East and North Africa region and 103rd in the world, according to Property Rights Alliance’s latest report. Iran is classified by IMF as part of the Middle East, North Africa and Pakistan group, and by the World…

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Govt allows IDBI Bank to handle import, export transactions with Iran

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Govt allows IDBI Bank to handle import, export transactions with Iran

The IDBI Bank has received government nod to handle import and export transactions with Iran, a move which would help in promoting two-way trade amid US sanctions on the Persian Gulf nation, industry sources said. US President Donald Trump had in May last year withdrawn from the 2015 nuclear accord with Iran, re-imposing economic sanctions…

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Now, steel import from Iran worries Indian companies

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Now, steel import from Iran worries Indian companies

Amid the rising concern over cheap steel imports from China and countries that have signed a free trade agreement, some traders in India are worried about heavily discounted steel imports from Iran, which is facing US economic sanctions. The first consignment is expected in two tranches of 32,000 tonnes and 50,000 tonnes from Bandar Imam…

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