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Iran Economy News

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

Iran’s Chabahar Port to Play Key Role in Future Economy of Region

Iran, Afghanistan, and India believe the Chabahar port in south-east of Iran, which is being developed by Indian investors, will play a vital role in the future economy of region, particularly in that of the crisis-hit Afghanistan.

Five Reasons Why Trump’s Iran Sanctions Will Fail

The next round of economic sanctions on Iran, which will start going into effect on Nov. 4, will mainly target the country’s oil and gas industries. These sanctions were eased after the 2015 signing of the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal, but are being phased back in following President Donald Trump’s decision to withdraw from the accord six months ago.

Iran to Trade Partners: Think Twice before Fearing US Sanctions

Iran’s President Hassan Rouhani has urged the country’s trade partners to think twice before fearing the US sanctions, saying Washington’s pressures are temporary while Tehran’s relations with its trade partners are permanent.
Bahram Qassemi

Tehran Raps US’ Resort to Economic Terrorism in Anti-Iran Psywar

Iran’s Foreign Ministry Spokesman Bahram Qassemi says the United States seeks to launch a war of nerves against Iranians through economic pressure.

Iran Starts Direct Sale of Crude Oil through Energy Bourse

Iran has started supplying its crude oil to the private sector through its energy bourse, a local market which provides Iranian and foreign tradesmen with a chance to purchase Iran’s crude oil and export it to the international markets.

Iran Blasts US Diplomat’s Efforts to Scare Off UK Firms

Iran’s ambassador to the United Kingdom has, in a tweet, taken a jab at his American counterpart for his efforts to dissuade British companies from doing business with Tehran.

IRGC Sells Its Shares in Iran’s Largest Telecom Firm

An IRGC unit in charge of the body’s economic operations announced on Wednesday it has left Iran’s telecommunications industry, after selling its share in a consortium controlling Iran’s top telecoms companies and biggest mobile phone operator.

Iran Hosts Conference on Economic Diplomacy

The Iranian capital Tehran on Sunday hosted a national conference called “New Methods for Advancing Economic Diplomacy with Emphasis on Development Cooperation”.

European Firms Returning to Iran under New Names: Austria

The Austrian ambassador to Tehran says the European companies’ withdrawal from Iran over the US sanctions was temporary, and they are returning to the country under new names

Iranian Schools Exempted from Paying Water, Power, Gas Bills

The Iranian government has officially exempted all schools from paying water, power, and gas bills in a bid to decrease the money parents are required to pay in order to enroll their children.

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