INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Iran’s exports touch US$50bn, break record: Raisi

Iran's President Ebrahim Raisi. (AFP)
  • The president speaking at the fifth Export Potential Exhibition of the Islamic Republic of Iran applauded the country's achievements in medical and health sectors
  • He said that in spite of obstructions created by "enemies" to hinder Iran's military, nuclear, and scientific goals, it had succeeded in building defense and nuclear industries

Tehran, Iran--The 13th government has been able to export goods worth more than $50 billion since taking office, breaking the record in recent 40 years, the Iranian president said.

Addressing the ceremony of the fifth Export Potential Exhibition of the Islamic Republic of Iran (IRAN EXPO 2023), President Raisi hailed Iran’s achievements in medical and health issues.

It is very important that Iranian experts produce 95% of the medicine needed in the country and export them, Raisi said.

Saying that the enemies seek to hinder Iran’s military, nuclear, and scientific achievements, he added today, Iran’s knowledge in defense and nuclear industries has been localized.

Since taking office, the 13th government has been able to export goods worth more than $50 billion, breaking the record in recent 40 years.

Elsewhere in his remarks, Raisi noted Iran is following the nuclear negotiations from the position of dignity.

It was the Americans who left the negotiation table and failed to fulfill their commitments under the JCPOA, he also said, noting that IAEA has several times acknowledged that Iran has fulfilled its commitments.

In no way will Iran tie economic and commercial activities to the nuclear negotiations, he also stressed.