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  • 08-03-21

    Iran’s oil revenues increase

    (MENAFN)The country’s oil revenues improved in spite of the sanctions and new channels were revived for the return of foreign assets into the country, stated Iranian Minister of Finance and Economic Affairs Farhad Dejpasand.

    A huge total of the country’s energy revenues were barren in the target countries like South Koreas and Iraq in light of the restrictions forced on the banking transactions with the Islamic Republic.

    Iran asked access to its foreign assets since early 2020 and condemned its trading partners for surrender to the US pressures and not standing up against Washington’s unilateralism, following the Coronavirus and its negative effect on the world’s economic condition.

    Iran’s assets in foreign banks are returning to the country in the form of either euro currency or payment for the imports of essential goods, following months of serious recreation by the government.

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