With the world having learnt who will steer Iran’s government in the next four years, a large number of foreign firms have once again lined up to enter the county’s 80-million-strong market, with the French car producer Peugeot and oil giant Total standing at the forefront of the queue as usual.
An Iranian MP has praised a 25-percent decrease in imports of pharmaceuticals to Iran, saying the country should focus on expanding the export of its homegrown medicine by using the expertise of its elites.
Assessments and reports by international organizations indicate an improvement in Iran’s performance and ranking in most of the international economic indices during 2013-16, the period of time when President Hassan Rouhani was in office.
Hassan Rouhani, the incumbent Iranian president running for the second term, highlighted the role of non-oil exports, the tourism industry, as well as the medium-scale and small-scale enterprises in creating job opportunities for the country’s young labor force.
Iran’s presidential candidate Ebrahim Raisi says the current administration is to blame for many of the social and economic problems facing the country.
Iranian presidential candidate Seyyed Ebrahim Raisi has responded to the criticisms raised about the tax exemption of Astan Quds Razavi, the charitable foundation he manages.
An Iranian official says investment in the mines and mineral industries sector requires huge financial resources.
Iranian presidential candidate Mohammad Baqer Qalibaf says, if elected, he will turn the foreign ministry into the “Ministry of Foreign Affairs and International Trade” so that the foreign policy apparatus can help improve Iran’s domestic economy.
International and domestic private companies in the renewable energy industry will be eligible for tax holidays for 5-13 years as part of incentives to prop up investment in the nascent renewable sector, a deputy economy minister said on Sunday.
Iranian President Hassan Rouhani says the Islamic Republic can facilitate the access of Georgia and other regional countries to the Persian Gulf, the Sea of Oman and the Indian Ocean while Georgia can connect Iran to the Black Sea.