Reforms are necessary to remove the obstacles in the way of the competitive industrial output and to enhance the efficiency of the overall financial structure, President Rouhani said.
International shipping lines are stepping up port calls to Iran as the country’s massive maritime trade sector is emerging from sanctions.
Turkey is discussing imports of fuel oil from Iran which is running a surplus of the product amid a decline in domestic consumption, local media said on Thursday.
If we had acted before the economy plunged into this crisis, sanctions would definitely have failed to bite.
In total, 10,555 cars were imported in the first three months of the current year.
Tayyebnia said the important role of Asian states in global economy and impact of the bank on infrastructural development is evident.
Saeed Laylaz, an Iranian economist, says that mismanagement of the previous government has caused the country more losses than sanctions.
A multi-purpose port Iran is building near the Strait of Hormuz has absorbed 700 million euros in foreign investment. Officials say the new port can turn into one of the biggest and most discussed international ports in the world.
Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.
President Rouhani’s Chief of staff has said that the Iranian nation needs peace of mind and a thriving economy in which business will yield benefits.