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News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.

US Sanctions on Iran’s Aviation Industry Killing Civilians

The Sunday crash of an Iranian ATR 72 passenger plane in central Iran during a flight from Tehran to the southwestern city of Yasuj, which claimed the lives of 66 people, has once again brought into the limelight the issue of unilateral US sanctions and their deleterious effect on Iran's transportation sector, especially the country’s civil aviation fleet.

“India’s Interest in Closer Ties with Iran Only for Economic Reasons”

A senior political analyst is sceptical about India’s interest in development of its ties with Iran, saying New Delhi is just after securing the energy supplies it needs and gaining access to the region’s markets via the Islamic Republic.

“FATF Accession Impossible If Found to Be against Iran’s National Interests”

An Iranian lawmaker says the Parliament will not approve the country’s accession to the Financial Action Task Force (FATF) if it proves to be against the Islamic Republic’s interests.

Iran, India Sign 15 MoUs in Rouhani’s First-Ever Visit to New Delhi

Iran and India have inked 15 agreements in various fields, from an extradition treaty to cooperation in the development of Iran’s Chabahar port.
FATF

“Iran’s Cooperation with FATF to Increase Impact of Sanctions”

The conservative newspaper Kayhan has harshly criticized the Iranian government’s plan to implement the regulations of the Financial Action Task Force (FATF), saying such cooperation would just make more effective the US sanctions on Iran.

Kazakhstan Cultivating Persian Rice to Meet Iran’s Needs

Kazakhstan says it plans to increase the production of a special variety of Iranian rice by ten times this year to meet growing demands from Iran.

Iran’s Police Makes 90 Arrests to Control Forex Market (+Video)

Ten exchange facilities have been closed down and 90 foreign currency dealers arrested in a police raid in Tehran aimed at controlling the surging forex rates mainly caused by non-economic factors.

Russia Luring Iranian Airlines to Buy Sukhoi Superjet

Amid the controversies over the delivery of Boeing and Airbus passenger planes to Iran, a Russian-built Sukhoi Superjet 100 has landed at Tehran's Mehrabad Airport with a team of engineers on board to make Iran interested in purchasing the airliner.

Iran Energy Minister Welcomes IRGC’s Cooperation in Cloud Seeding

Iranian Energy Minister Reza Ardakanian says the ministry welcomes the idea of seeding clouds raised by the Aerospace Force of the Islamic Revolution Guards Corps (IRGC).

“Iran Nuclear Deal Could Make World Safer If US Remained Committed”

Iranian President Hassan Rouhani has described the nuclear deal between Tehran and world powers as a leading role model for resolving all problems across the region and the world, regretting that the US is not living up to its commitments under the deal.

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