Economy

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

Eurasian Economic Union to Create Free Trade Zone with Iran

The Russia-led Eurasian Economic Union (EEU) trade bloc plans to hold talks with Iran over a free trade zone.

Iran Can Cooperate with Turkmenistan in Construction Projects

Iranian President Hassan Rouhani called for the implementation of bilateral agreements with Turkmenistan, voicing Iran’s readiness to carry out road construction projects in the neighboring country and supply it with technical and engineering services.

US Exit from JCPOA Not to Cause Any Problem for Iran Economy: Central Bank

The central bank of Iran dismissed concerns about the negative consequences of the US withdrawal from the 2015 nuclear deal, saying it has already devised plans to prevent any harm to the country’s banking system and to satisfy demands for hard currency.

Iran Calls for Promotion of Business Ties with Georgia

Iranian Foreign Minister Mohammad Javad Zarif says Iran and Georgia must boost their bilateral relations in all areas, particularly in the economic field.
Leader

Iran Capable of Producing Quality Goods despite Sanctions: Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has hailed Iranian producers and workers for their being able to produce high-quality products despite international pressure and sanctions on the Islamic Republic of Iran.

Unification of Forex Rates Pre-Emptive Response to US Plot: Iran

Iranian President Hassan Rouhani has defended his government’s plan to unify official and free market exchange rates for the Iranian currency rial against the US dollar, saying it foiled a plot hatched by Washington to foment economic instability in Iran.

Iran Officially Replaces US Dollar with Euro in Int’l Transactions

The Iranian government has decided to replace the US dollar with euro in its international transactions in a move to prevent the greenback’s fluctuations from negatively affecting the Iranian economy.

China Still Iran’s Top Business Partner

Islamic Republic of Iran Customs Administration's latest report shows China remains Iran’s top trading partner.

Iran Leader Hails Idea of Replacing Dollar with Euro in Int’l Transactions

The Governor of Iran’s Central Bank Valiollah Seif says the government eyes replacing the US dollar with the euro in its international transactions and the idea has been welcomed by the Leader Ayatollah Khamenei.

Iran FM Meets Brazilian President before Departing for Uruguay

Iran’s Foreign Minister Mohammad Javad Zarif, at the end of his visit to Brasilia, held a meeting with Brazilian President Michel Temer before leaving the country for Montevideo.

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