Iranian parliament approves new Commerce and industry Ministry

Ali Reza Razmhosseini will take on the article since Iran confronts an unparalleled economic recession amid intense pressure from the USA following President Donald Trump pulled America from Iran’s atomic with world powers and reimposed sanctions around the nation.

The sanctions have sent the nation’s economy into freefall. Iran’s money has fallen to its lowest value against the buck.

Parliament speaker Mohammad Bagher Ghalibaf stated the 290-seat room voted 175-80 in favor of Razmhosseini. You will find 264 lawmakers in the semester and nine abstained.

In May, Rouhani disregarded the former trade and industry minister, Reza Rahmani, following automobile prices climbed by over 60 percent in a couple of weeks.

The election came after lawmakers refused the preceding nominee in August. Razmhosseini, 58, a veteran of the 1980-88 Iran-Iraq warfare, has served in several political posts such as the governor of the northeastern province of Khorasan Razavi.