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April 3-7, 2000 / Farvardin 15-19, 1379
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* Oil prices fall to lowest in five months
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* USDA could promote sales to sanctioned
countries
* Oil price rise pushed Iran '99 exports to EU
* Czechs ban exports for Iran nuke plant
* Iran discovers large new gas field
* Iran says open for U.S. wheat at right price
* Iran's non-oil exports rise 6.1 percent
* Iran says slight alleviation of US embargo not enough
* Iran eases curbs on foreign currency exchanges
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Friday,
April 7, 2000
* Oil prices fall to lowest in five months
LONDON, April 7 (Reuters) - World oil prices slumped to their lowest
in five months on Friday as extra crude supplies and growing U.S. fuel
stockpiles weighed on sentiment. North Sea benchmark Brent blend crude
futures settled 87 cents weaker at $22.58 a barrel after posting a low
of $22.50, the cheapest price since November 3 >>>
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Thursday
April 6, 2000
* USDA could promote sales to sanctioned countries
WASHINGTON, April 6 (Reuters) - The Agriculture Department could issue
funds to promote U.S. food and agricultural sales in countries, such as
Iran and Cuba, which are currently subject to U.S. sanctions, a top official
said on Thursday. `There's no real ban on that now,'' Tim Galvin, administrator
of the Foreign Agricultural Service, told reporters after a speech to a
cattle industry group.>>>
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* Oil price rise pushed Iran '99 exports to EU
April 5, DUBAI -(Dow Jones)- Higher oil prices helped Iran restore its
trade surplus with the European Union last year, with exports increasing
26%, according to figures obtained by the official Islamic Republic News
Agency from Eurostat. Iranian exports rose by EUR1 billion from 1998 to
EUR4.7 billion in 1999, with the upturn most evident in the final quarter
of 1999, IRNA reported >>>
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Wednesday
April 5, 2000
* Czechs ban exports for Iran nuke plant
PRAGUE, Czech Republic (AP) - Acting on a U.S. request, Parliament has
approved a law banning all Czech exports to a nuclear plant in Iran. The
government-drafted bill, approved late Tuesday, was aimed at preventing
the ZVVZ Milevsko company from participating in the construction of the
Bushehr nuclear plant on the shore of the Persian Gulf >>>
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* Iran discovers large new gas field
TEHRAN, April 5 (AFP) - Iranian Oil Minister Bijan Namdar-Zangeneh announced
Wednesday the discovery of the country's largest known gas field, with
estimated reserves of more than 400 billion cubic metres, the official
news agency IRNA reported >>>
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Tuesday
April 4, 2000
* Iran says open for U.S. wheat at right price
CANBERRA, April 4 (Reuters) - Iranian Agriculture Minister Issa Kalantari
said on Tuesday his country was open to buying U.S. wheat after Washington
eased trade sanctions with Tehran. "American wheat does have a number
of conditions such as protein, such as price, and if they are competitive
there is no doubt that Iran would be one of the purchasers," Kalantari
told a news conference here >>>
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* Iran's non-oil exports rise 6.1 percent
TEHRAN, April 4 (AFP) - Iran's non-oil exports for the year to the end
of March rose 6.1 percent over the previous year to 3.1 billion dollars,
according to a communique from the customs authority. Its non-oil imports
were worth 13.2 billion dollars, customs said >>>
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Monday
April 3, 2000
* Iran says slight alleviation of US embargo not enough
TEHRAN, April 3 (AFP) - Iran said Monday that the US decision to partially
lift its economic embargo of Iran was "completely insufficient"
as the oil embargo remained intact. Oil Minister Bijan Namdar Zangeneh
said the move was "completely insufficient, because it's the oil embargo
that really counts." >>>
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* Iran eases curbs on foreign currency exchanges
TEHRAN, April 2 (AFP) - Iran's central bank has authorised transactions
in foreign currency by the country's banks of up to 5,000 dollars each
at a special rate, easing restrictions set up five years ago, the government
daily Iran reported Sunday >>>
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