Economy

Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

Iran Parliament Vows Strong Support for Handwoven Carpet Industry

A senior Iranian MP says the Parliament will do its best to help reinforce the export of Iran’s handmade carpets to global markets.
Iran, Azerbaijan Need to Sign Free Trade Agreement

Iran, Azerbaijan Need to Sign Free Trade Agreement

Economic estimates indicate that Iran needs to sign a free trade agreement with Azerbaijan Republic if it wants to gain an appropriate share in the Azeri market.
Iran Signs Biggest LC Deal with South Korea to Receive €8bn Loan

Iran Signs Biggest LC Deal with South Korea to Receive €8bn Loan

Iranian media on Saturday celebrated the country’s biggest credit line deal in recent years with South Korea’s Eximbank, saying it marked a new opening in attracting foreign investment.
Power Plant and electricity

Iran Exporting Electricity to Eight Countries: Report

Iran is one of the energy hubs in the region, exporting electricity to eight countries including Iraq, Turkey, and Afghanistan.
Iran to Establish Joint Chambers of Commerce with Italy, Switzerland, Tajikistan

Iran to Establish Joint Chambers of Commerce with Italy, Switzerland, Tajikistan

A top Iranian trade official has said the ground has been prepared for setting up joint chambers of commerce between Iran and three other Asian and European countries.
Oil Extraction in Front of Customers: New Lucrative Business in Iran

Oil Extraction in Front of Customers: New Lucrative Business in Iran

Extracting vegetable oil in front of customers has turned into a booming business in recent years in Iran as it is profitable and does not need much investment.
Iran’s Annual Handicrafts Exports Stand at $250m

Iran’s Annual Handicrafts Exports Stand at $250m

A top Iranian official says the Islamic Republic exports $250 million worth of handicrafts each year.
Ukraine Bridge for Export of Iran's Petchem Products

Ukraine Bridge for Export of Iran’s Petchem Products

A senior Iranian official says Ukraine can act as a conduit for expansion of Iran's petrochemical exports to other countries in the world, particularly those in Europe.
Lundeg Purevsuren

Mongolia Raps US Bans on Iran, Russia, N. Korea

A Mongolian official has denounced the recent sanctions imposed by the United States on Iran, Russia and North Korea.
Iran, India to Trade Goods on Mercantile Exchanges

Iran, India to Trade Goods on Mercantile Exchanges

Iran and India have clinched an agreement to trade a range of goods, tar in particular, on the mercantile exchanges of both countries.

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