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[25 Feb 2013] Iran non oil exports hit $38bn despite sanctions - English

[14 April 2013] Iran exports LNG to Asia - English

[05 May 2014] Iran exports medical equipment to Germany - English

[04 Aug 2014] UK PM\'s office: Licenses for military exports to Israel being reviewed - English

Several leading insurers say the easing of insurance sanctions on some Iranian oil exports is likely to take months to come into effect. The companies claim this is due to complex law and regulations in the United States and the European Union. They also say a formal change in E-U, U-K and U-S laws is needed to release insurers from existing prohibitions. A recent nuclear deal on Iran\'s nuclear energy program in Geneva allows an easing of a ban on European ship insurance companies that deal with Iran. The sanctions relief could allow Iran to transport its oil more easily to its Asian customers.

Several leading insurers say the easing of insurance sanctions on some Iranian oil exports is likely to take months to come into effect. The companies claim this is due to complex law and regulations in the United States and the European Union. They also say a formal change in EU, UK and US laws is needed to release insurers from existing prohibitions. A recent nuclear deal on Iran\'s nuclear energy program in Geneva allows an easing of a ban on European ship insurance companies that deal with Iran. The sanctions relief could allow Iran to transport its oil more easily to its Asian customers.

Iran ranks 16th in the world in the auto industry, and exports its products to 30 countries worldwide. Last week Iran\'s auto industry was removed from sanctions and a conference held in Tehran benefited from that news. Iran has held the first international conference on the Auto industry, gathering local and international automotive manufactures, but political events in recent days made this event more worthwhile.

Iran\\\'s ambassador to Baghdad says Iraqi security forces have arrested all those behind last week\\\'s deadly attack on Iranian gas technicians. Hassan Danayeefar added that the 9 terrorists have all confessed to their crime. Last week, masked gunmen attacked workers at a gas pipeline project stretching from Iran into Iraq, killing 16 Iranian nationals. Violence in Iraq has hit a five-year high since the beginning of this year. The United Nations estimates that at least eight-thousand people have been killed in 2013.

Iraqi Kurdistan\'s oil exports via Turkey continue to cause controversy. Officials from Iraq\'s central government have warned that all the current contracts with Turkey will be canceled if it goes ahead with the oil deals with Iraq\'s Kurdistan region. Baghdad has also threatened to take legal action against Ankara over the issue.

The US trade deficit with China reached $315 billion last year, a record unsurpassed in the history of such statistics. In April, US exports to the 27-nation European Union fell 7.9 percent. Exports to the EU in the first four months of 2013 were down 7.4 percent compared to the same period in 2012. Exports to the United Kingdom were the lowest since May 2009, while those to China declined 4.7 percent. Imports from China surged 21.2 percent, lifting the contentious US trade deficit with China to $24.1 billion from $17.9 billion in March. China keeps investing in its future, creating jobs, building infrastructure, funding education and technology and its GDP soars. And America keeps sliding into a no-growth economy, to 1% GDP growth in a generation. According to Robert Fogel, the director of the Center for Population Economics at the University of Chicago Booth School of Business and winner of the 1993 Nobel Memorial Prize in Economics; \"In 2040, the Chinese economy will reach $123 trillion, or nearly three times the economic output of the entire globe in 2000. China\'s per-capita income will hit $85,000, more than double the forecast for the European Union, and also much higher than that of India and Japan as China moves \"from a poor country in 2000 to a superrich country in 2040.\" America\'s per-capita wealth may be higher, says Fogel, but \"China\'s share of global GDP - 40% - will dwarf that of the United States (14%) and the European Union (5%) 30 years from now.\" China has been one of the fastest growing markets for US goods, and exports to that country were up 4.8 percent for the first four months of 2013.

India\'s exports to Iran have increased by 40 percent over the past year and Indian officials expect further increase in this area. The sudden increase is direct fallout of the United States and EU sanctions against Iran. Exports include rice, cereals, pharmaceutical products, machine tools, automobile parts and steel. Rice and textile exports have witnessed the biggest jump. India tea exports to Iran are also likely to surge by around 50 percent compared to the previous year.

China has reported an unexpected fall in its exports, putting pressure on the government as it pushes through a re-balancing of the economy. According to the General Administration of Customs, exports fell 3.1 percent in June from a year earlier. The weak overseas demand for Chinese goods came as a surprise to analysts, many of whom had predicted an increase of around 4 percent. Imports over the same period fell by 0.7 percent, pointing to subdued domestic demand. The overall assessment was downbeat.

Iran has reached an agreement with Iraq to increase its electricity exports to its western neighbor. Nearly 150 megawatt of electricity is expected to be added to the volume of Iran\'s electricity exports.

The prime minister of Iraq\'s semi-autonomous Kurdistan region says Arbil and Ankara have agreed on the final details of an oil export deal. Nechirvan Barzani says the finalization of such cooperation is a great achievement for Iraq and the Kurdistan region. He said that by signing the deal, the Kurdistan region will for the first time become a net contributor to the Iraqi national income. This, as Iraqi oil minister and his Turkish counterpart yesterday agreed that oil exports from anywhere in Iraq need the central government\'s approval. Baghdad says any independent exports from the region would be illegal but Arbil insists that it has the right to sell the oil independently.

Latest News: 15th May 2008 Saudi-Israeli plot against Hezbollah Thu, 15 May 2008 16:36:28 Prince Bandar bin Sultan (L), Ehud Olmert Former Saudi Ambassador to the US Prince Bandar bin Sultan asks Israeli prime minister Ehud Olmert to move against Hezbollah. Saudi's Prince Bandar bin Sultan has formally requested Olmert to move the Zionist regime's military forces in the north of the Occupied Lands on the border with Lebanon as a threat against Hezbollah if the latter did not stop attacking government of Lebanese Prime Minister Fouad Siniora, Filkka - Israel website revealed Wednesday. Bandar bin Sultan arrived in the Occupied Territories in his private plane directly from Jeddah airport to Lod Airport in Tel Aviv. Bin Sultan asked Olmert to do what is necessary to support PM Siniora, offering to bear all the financial costs of any Israeli war against Hezbollah. Israeli prime minister, Ehud Olmert who is under investigation in a bribe case, said that he could not do so now, assuring his guest that he could not wage a war on behalf of Saudi Arabia, but he will discuss the issue with the Israeli officials in order to carry out military maneuvers in the south of Lebanon. Old News UK bribery disgrace in trade with Saudi Arabia: Former Saudi Ambassador to the US, Prince Bandar bin Sultan received hundreds of millions of pounds in secret payments from Britain's top defence manufacturer with the knowledge of Prime Minister Tony Blair's government, according to the BBC. The payments made by BAE Systems were actually a conduit to Bandar for his role in the multi-billion al-Yamamah arms agreement, Britain's biggest ever export deal signed in 1985, the state-funded broadcaster said it had learned Thursday. The alleged bribes were said to have been discovered during a year-long inquiry conducted by Britain's Serious Fraud Office (SFO), but which was abruptly halted last December after Blair said the investigation was a threat to national security. The dropping of the investigation also came amid concerns that it might jeopardize a new multi-billion arms deal with Saudi Arabia to supply Eurofighters. The BBC said that the payments, believed to total more than Pnds one billion (Dlrs 1.9 bn), were sent to two Saudi embassy accounts in Washington, were written into the government-to-government arms deal contract in secret annexes. Allegations previously made in the British press have also suggested that Mark Thatcher, son of the British prime minister at the time, was also involved in the deal. The al-Yamamah deal included the supply of more than 100 Tornado aircraft and is estimated to have been worth over Pnds 40 billion (Dlrs 78 bn) over more than a decade. The new claims, to be made in the BBC's current affairs Panorama programme next Monday prompted the head of parliament's committee which investigates strategic exports, Labour MP Roger Berry, to call for a proper investigation into the allegations. Liberal Democrat Treasury spokesman Vince Cable said that if ministers in either the present or previous governments were involved there should be a "major parliamentary inquiry". "It is one thing for a company to have engaged in alleged corruption overseas. It is another thing if British government ministers have approved it," Cable said

Iran; the cradle of modern civilization and the ancient pathway to the modern world, has been the historical link that joined Eastern Asia with the West by means of the Silk Road. This edition of Iran Today presents the modern Iranian transit system connecting the East to the West.

The United States arms sales to the Middle Eastern countries will eventually boomerang on the US, a political analyst tells Press TV. His comment comes as the US has recently finalized a 30-billion-dollar deal with Saudi Arabia as part of a 60-billion-dollar contract, first unveiled in October 2010. The US has also signed a deal to sell about USD 3.5 billion worth of arms to the United Arab Emirates. “The sales of such high technology to unstable regimes in the Middle East region such as Saudi Arabia or United Arab Emirates, is something that is going to backfire on the United States,” said Nader Mokhtari political commentator and journalist. “You have to take into account that these countries are not run via political operatives like other countries,” the Tehran-based analyst said, adding that they are run 'like family-run businesses.' The US has demonstrated support for popular uprisings in the Middle East while at the same time propping up their authoritarian regimes by selling them billions of dollars worth of various types of weaponry. In its Yearbook 2010, the Stockholm International Peace Research Institute (SIPRI) stated that the US accounts for 43 percent of world military spending and 30 percent of global arms exports, making it the world's leader in both categories. US arms sales to the Persian Gulf countries has reached USD 123 billion, with a USD 67.8 billion package for Saudi Arabia, USD 35.6 billion for the United Arab Emirates, USD 12.3 billion for Oman and USD 7.1 billion for Kuwait.

[16 Feb 2012] News Bulletin Press TV - English

President: Supporting Iran's National Production on Government's Agenda TEHRAN (FNA)- Iranian President Mahmoud Ahmadinejad, in a message on the occasion of the new Iranian year on Tuesday, stressed that support for national production is high on the agenda of the government this year. In a nationwide address on the state-run TV, President Ahmadinejad congratulated the nation on the advent of the spring season and Nowrouz (marking the start of the Iranian new year). "Like previous years, support for national production, exports, capital and labor is on the government agenda for this year," President Ahmadinejad stated. The president lauded the Iranian nation's progress in various economic, scientific, industrial, technological and political fields and vowed that Iran would continue on the same path at a higher pace in the new year. Ahmadinejad stressed that the country should be developed through the thoughts and efforts of the Iranian nation. He further expressed the hope that the new year would bring further prosperity for the people of the country. Also on Tuesday, Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei named the new Iranian year as the "Year of National Production, Supporting Iranian Labor and Capital", and once again underlined the importance of efforts to bolster the country's economic progress. In a televised address on the occasion of the advent of the Iranian New Year, Ayatollah Seyed Ali Khamenei extends his congratulatory message in the early hours of the Persian calendar year of 1391. Ayatollah Khamenei said Economic Jihad, which was the slogan of the previous year, is never-ending, adding that one important aspect of economic issues is domestic production. The Leader said if domestic production prospers, most of the enemies' efforts will undoubtedly fail. Ayatollah Khamenei said the prosperity of national production is the key to resolving the problems of inflation and unemployment and will strengthen domestic economy.

[06 April 2012] News Bulletin - Press TV - English

[21 Oct 2012] Iran marks national export day - English

[12 Nov 2012] Israel aims to tighten grip over Gaza Joe Catron - English

Over the past 4 years the British government has approved arms exports of up to 4,000,000 pounds to Saudi Arabia despites great human rights violation in the kingdom.

Latest market data show India has drastically increased oil imports from Iran-- in a clear proof of Iran\'s success in defying sanctions that have targeted its oil trade. Figures show India imported about 200-thousand barrels per day of Iranian oil in September. This is roughly twice the figure for August. Earlier, similar market data showed that Iran had succeeded in becoming the top oil exporter to China in September after a series of slowdowns over the past months. Iran\'s Petroleum Minister Bijan Namdar Zanganeh had earlier said that serious plans were on agenda to boost the country\'s oil exports by four times. That would be in the face of illegal sanctions by the U-S and its allies that primarily target Iran\'s oil trade.

In Iraq\'s Kurdistan Region, a new oil dispute is on the horizon. Kurdish officials say they\'re going to build a second pipeline to export oil to global traders via Turkey. The move has angered Iraq\'s central government, which is firmly against Kurdistan\'s independent oil exports.

Israel has not been alone in its opposition to the newly brokered nuclear deal with Iran. Now Canada\'s foreign minister says he\'s skeptical about the international community\'s agreement with Iran. Canadian Foreign Minister John Baird says his country will keep its financial and trade sanctions against Iran in place. Canada\'s Conservative government, which is a staunch ally of Israel, has banned nearly all exports to and imports from Iran over Tehran\'s nuclear energy program. Canada also shut its embassy in Tehran in 2012 and ordered Iranian diplomats to leave Ottawa.

Iranian Foreign Minister Mohamad Javad Zarif has advised the US against imposing new sanctions against Tehran. In an interview with Time magazine, Zarif said the Geneva nuclear deal is going to be QUOTE-dead if the US Congress imposes new sanctions, even if they do not take effect for six months. Two US senators are preparing legislation to impose new sanctions on Iran in six months if the deal goes nowhere. These sanctions would target Iran\'s oil exports, foreign exchange reserves, and industry. The senators are making the move despite the Geneva deal between Tehran and the P-five-plus-one group of countries, which includes the U-S. Washington has already imposed several rounds of illegal sanctions on Iran, causing problems mainly for ordinary Iranians.

A group of defiant US lawmakers will introduce a bill to impose more sanctions on Iran despite Washington\'s efforts to hold off new measures. Senate aides say a vote on the bipartisan plan is expected in January. The bill aims to target Iran\'s remaining oil exports and foreign exchange. The administration of President Barack Obama has been calling on lawmakers to delay any more sanctions as a diplomatic path with Tehran is pursued. Iran and the P5+1 group reached a nuclear deal in Geneva last month. Tehran agreed to limit its nuclear energy program in exchange for some sanctions relief. The sides have agreed to work to reach a comprehensive deal in six months. Tehran has warned that new US sanctions will kill the Geneva deal.