Economy

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

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Trump’s First Positive Move towards Iran Deal Implementation

A recent move by the US Treasury Department to allow US nationals to open accounts at Iranian banks could be perceived as US President Trump’s first positive move towards implementing the nuclear deal with Tehran.

Iranian MPs Call for Caution in Dealing with FATF

A number of Iranian lawmakers have criticized the Financial Action Task Force (FATF) for its anti-Iran statement, and called on Iranian officials to be extremely cautious about the privileges they grant the organization.

France to Give Loans to Companies Investing in Iran

Finance Minister Michel Sapin announced that Paris is working on plans to issue direct loans to companies that want to invest in Iran.
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Resilient Economy Requires Int’l Cooperation: Iran’s FM

Iranian Foreign Minister Mohammad Javad Zarif says a resilient and sustainable economy requires cooperation at all sub-regional, regional and international levels, and the IORA provides its member states with a great opportunity to enhance their economic ties.

Russian Carmaker UAZ to Launch Assembly Line in Iran

A Russian trade website says a leading automobile manufacturer is set to establish an assembly line in Iran in 2018.

Iranian MP Calls for Use of Int’l Standards in Banking Transactions

An Iranian lawmaker underlined the need for using global financial standards in Iran’s economy so that the country’s international banking and economic relations can develop.

MP Calls for Use of IFRS to Boost Foreign Investment in Iran

An Iranian MP has emphasised the need to use the international accounting standards in order to attract foreign investors to Iran.

Iran to Base 50% of Products on Knowledge-Based Methods

An Iranian Science Ministry official announced that the Islamic Republic aims to produce 50% of its goods using knowledge-based methods by 2025.

Iran Exports $500m Worth of Carpets in 10 Months

Some $500 million worth of carpets were exported from Iran during the 10 months to January 19, according to the deputy minister of industries, mining and trade.

Iranian President Visits Flare Minimization Plan in Southwest

During his Thursday visit to southwestern province Khuzestan, Iran’s President Hassan Rouhani visited the AMAK plan, the largest environmental project of the country in oil and gas sector.

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