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News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.

Iran Says Two US Departments Manipulating Its Currency Market

A report by the Iranian government says the US state and treasury departments, along with the country’s intelligence bodies, have started concerted efforts to manipulate Iran’s currency market.

Iran to Sue ATR for Failure to Deliver Passenger Planes

Iran says it will file a complaint against the Italian-French aircraft manufacturer ATR for not remaining committed to its obligations under its contract with the Islamic Republic.

Iran, Turkmenistan to Boost Mutual Trade to $60b

Mahmoud Vaezi, the chief of staff of Iranian President Hassan Rouhani, says Tehran and Ashgabat are seeking to upgrade the value of their mutual economic relations to $60 billion.

Russia Says US’ Bid to Cut Iran’s Oil Exports to Zero Not Feasible

Russian Deputy Foreign Minister Sergei Ryabkov said he believes it is not possible for the “unrealistic” US to bring down Iran’s oil export to zero, as Washington is almost isolated internationally on this particular issue.

Iran Can Meet Turkmenistan’s Trade Needs: President

Turkmenistan’s President Gurbanguly Berdimuhamedow says his country is fully prepared to expand its mutual ties with its southern neighbour, the Islamic Republic of Iran, in all areas, especially in business.

Iran, India, Afghanistan Agree to Boost Cooperation on Chabahar

The first tripartite meeting of Iran, Afghanistan, and India was held on September 11, 2018 at the level of deputy foreign ministers in the Afghan capital of Kabul.

ATR to Replace Iran with Alternative Clients amid US Sanctions

The world’s largest commercial turboprop maker ATR is in talks with alternative buyers for seven remaining aircraft which it has to deliver to Iran under a $536 million deal, the company’s Italian shareholder Leonardo says.

“US Claim of Bringing Iran’s Oil Sales to Zero Just Nonsense”

A senior Iranian official says the United States’ claim that it will bring Iran’s petroleum sales to zero is just nonsense.
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Trump’s Anti-Iran Sanctions to Lead Nowhere: Shamkhani

A senior security official says the US strategy of using sanctions to force the Iranian people to cave into its demands will lead nowhere, just as the former Iraqi dictator Saddam Hussein failed to impose his will on Iran during the 1980s Iran-Iraq war.

Lalejin; A World Craft City with Zero Unemployment Rate

The city of Lalejin in Iran’s Hamadan province is globally known for its pottery, and this has helped the World Craft City to decrease its unemployment rate to almost zero.

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