Economy

Iran’s Exports to China Could Triple in Coming Years: Official

A senior Iranian official says the country has the potential to triple its exports to China over the coming years.

Iran Handled COVID-19 Pandemic Despite US Sanctions: President Rouhani

The Iranian president says the country managed to tackle the coronavirus pandemic and boost its economy despite sanctions and economic pressure by the US.

Leap in Production Not Possible without Promotion of Exports: Zarif

Iranian Foreign Minister Mohammad Javad Zarif and a number of top exporters of goods and technical-engineering services have discussed foreign trade and export of such services in a meeting in Tehran.

Iran to Build‌ Its Largest Oceanic Port in Sea of Oman: Minister

Iran is to construct an oceanic port in the Sea of Oman where the country’s largest oil terminal will be built.

Iran Says Ready for Closer Corporate Cooperation with Slovakia’s Private Sector

The Iranian president says companies in Iran and Slovakia’s private sectors can be at the forefront of efforts to enhance mutual relations and cooperation.

Swiss Companies Willing to Make Investment in Iran Despite US Bans: Envoy

The Ambassador of Switzerland to Tehran says several Swiss companies are interested in making investments in Iran even before the US sanctions are lifted.

Iran to Launch Direct Shipping Routes to South Africa, Latin America

An Iranian official says the country will launch a direct shipping route to South Africa and then on to Latin America.

Iran’s Economy Thriving despite Sanctions: Vice-President

Iran’s first vice president says the country’s economy is up and running, and the production and procurement of commodities are well underway thanks to efforts by importers and exporters.

Iran’s Trade with Neighbouring Countries to Rise Two-Fold: VP

The Iranian first vice president says the country’s trade exchanges with neighbouring countries is set to increase by 100 percent in the coming years.

Iran Opens 142,000 Projects Creating 263,000 Jobs for Nomads, Villagers

Iranian President Hassan Rouhani inaugurated 142,000 employment plans for nomads and villagers with a price tag of 17 trillion tomans.

Iran’s Non-Oil Exports Rising: Minister

The Iranian minister of industry, mines and trade says the country’s non-petroleum exports are increasing compared to several months ago.

Enemy Failed to Halt Iran’s Economic Progress: VP

An Iranian vice president says the enemies were seeking to put the brakes on the nation’s economic progress, but to no avail.

‘Iran Emerged Victorious in US Economic War with Bare Hands’

A senior Iranian official says documents pertaining to the United States’ economic war against Iran should be collected for the generation to come so as to prove how Iran won with bare hands.

Iranian, Azeri Officials Discuss Promotion of Economic Ties

Iranian Foreign Minister Mohammad Javad Zarif and Shahin Mustafayev, the deputy prime minister of Azerbaijan Republic, have discussed promotion of bilateral economic relations in Baku.

Iran Sees No Limit to Expansion of Cooperation with Azerbaijan: Zarif

Minister of Foreign Affairs of the Islamic Republic of Iran Mohammad Javad Zarif and his counterpart from the Republic of Azerbaijan have discussed promotion of bilateral relations in a meeting in Baku.

Baku Welcomes Iran’s Participation in Karabakh Reconstruction, Aliyev Tells Zarif

Iran’s Foreign Minister Mohammad Javad Zarif held a meeting with President of the Republic of Azerbaijan Ilham Aliyev in Baku on Monday.

$158m in Foreign Investment Went into Iran’s Free Zones in 9 Months

Iranian free trade zones absorbed some $158 million in foreign investment in the nine months to December 2020 depsite the US sanctions.

Tehran, Baku Reach Deal on Reconstruction of Liberated Azeri Towns

Iran's economy minister and the Azerbaijan Republic's first deputy prime minister have signed memoranda of understanding on mutual cooperation in various areas.

India Sends First Shipment of Cargo Handling Equipment to Chabahar

Iran’s southeastern port city of Chabahar has received the first shipment of strategic port terminal handling equipment from an Indian contractor involved in the development of the port.

Iran Inaugurates 60 Projects in Its Free Trade, Industrial Zones

Iranian President Hassan Rouhani has officially inaugurated 60 projects in the country’s free trade-industrial and special economic zones.

Iran, Pakistan Discuss Closer Trade Cooperation

Iran and Pakistan have agreed to forge closer trade relations and boost mutual cooperation with the conclusion of new agreements.

Iran, Iraq Resolved to Meet $20 Billion Trade Target: Energy Minister

Iranian Energy Minister Reza Ardakanian has highlighted Tehran and Baghdad’s determination to raise the value of annual trade exchanges to $20 billion, pointing to the major role that the private sectors and a joint investment fund could play in working towards that goal.

President Rouhani Highlights Efforts to Facilitate Investment in Iran

Iranian President Hassan Rouhani has highlighted his administration’s strategy to facilitate investment activities to neutralize the US sanctions and achieve the resistance economy goals.

Iran, Armenia Discuss Closer Business Ties

Iranian Foreign Minister Mohammad Javad Zarif and his Armenian counterpart Ara Ayvazyan have discussed the latest developments in Armenia as well as bilateral and regional cooperation.

Iran, India to Hold Virtual B2B Meetings to Boost Mutual Trade

Iranian and Indian high-tech companies are to hold virtual business-to-business (B2B) meetings in order to boost mutual cooperation in the fields of trade and technology.

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