Iran parliament approves new economy minister ahead of new U.S. sanction

DUBAI – 27 October 2018: Iran's parliament on Saturday approved a new economy minister and three other ministers in a reshuffle of the cabinet's economic team by President Hassan Rouhani ahead of new U.S. sanctions targeting key oil exports from Nov 4, state television reported.

Academic Farhad Dejpasand won a vote of confidence as the new minister of economics and finance in a reshuffle that also included new industry, labour and roads ministers, during a parliamentary session that was carried live on state TV.