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 Exports Milk to US for First Time in History

Iran Exports Milk to US for First Time in History

For the first time in Iranian history, the country has exported milk to the United States, Deputy Agriculture Minister Hassan Rokni announced on Thursday without providing any further information about the value of trade or time of delivery.
iran-us-flag

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.
en-FATF

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 Economy Minister

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.
zarif

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 car manufacturer

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.
Financial Standards

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.
economy

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.
knowledge-based

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.
carpet

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.

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