Economy

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.

Iran, Iraq Delineate Roadmap for Five-Year Cooperation: Minister

Iran’s Minister of Cooperatives, Labour and Social Welfare Mohammad Shariatmadari says Tehran and Baghdad have delineated a joint five-year cooperation road map.

In Pictures: Christmas and New Year Shopping in Tehran

Shopping gains huge popularity among Iranian people from all religions and walks of life on Christmas and ahead of the new Christian Year.

Iran Wants to Use its Assets with Turkish Banks to Buy Goods

Tehran has called on Ankara to find a way for Iran to tap into its assets with Turkish banks to purchase the commodities it needs directly from other countries through Turkish banks.

US Economic War Deprives Iran of $50 Billion in Assets: Spokesman

Spokesperson for the Iranian government has highlighted the country's success in handling the situation and protecting the economy from collapse under the pressure of sanctions although the economic war waged by the US has prevented Tehran’s access to $50 billion in assets.

Iran’s Economic Growth Rate Becomes Positive Despite US Sanctions

Governor of the Central Bank of Iran Abdolnaser Hemmati says the economic growth rate in Iran has become positive, both with and without oil revenues.

Expansion of Economic Ties with Neighbours a Priority: Iran VP

A senior Iranian official says the sky is the limit for Tehran when it comes to the enhancement of economic relations with other nations, especially neighbouring countries.

Iran, Pakistan to Expand Trade Ties through Virtual B2B Meetings

Knowledge-based, innovative, and high-tech companies of Iran and Pakistan will have the chance to hold direct online negotiations and explore avenues for developing business relations between the two sides.

Iran, Turkey Can Turn into Role Model for Friendly Ties in Region: Vaezi

Mahmoud Vaezi, the Chief of Staff of the Iranian president's office, has hailed Iran-Turkey relations as two friends and neighbours, calling for further development of economic cooperation between the two sides.

Blow of Sanctions on Iran Neutralized: President

President Hassan Rouhani has highlighted the administration’s success in foiling the enemy’s plot to cripple the country’s economy through sanctions.

Tehran, Dohan to Forge Closer Economic Cooperation

Iran and Qatar have reiterated their determination to further enhance their economic cooperation.

With Trump Gone, Foreign Investment in Iran Will Increase: Spokesman

Tehran says with US President Donald Trump leaving office, foreign companies will become more interested in investing in Iran, as they are already working to open their offices.

Iran Absorbs $3.8bn in Foreign Investment in 7 Months

Iran’s economy minister says some $3.8 billion worth of foreign investment was funneled into the country from April to October, 2020.

Iranian People’s Resistance in Economic War Bears Fruit: President

Iran’s president says the Iranian nation’s resistance in the economic war has come to fruition, setting the stage for the amelioration of the country’s economic situation.

Iran Calls for Closer Cooperation Among Eurasian Nations

Iran’s energy minister says the country can play a pivotal role in cementing cooperation among member states of the Eurasian Economic Union (EAEU).

Iran’s President Unveils New COVID-19 Restrictions

President Hassan Rouhani has unveiled countrywide plans for a new round of restrictions to break the transmission of the coronavirus pandemic by categorizing more than 100 cities as red zones.

Iranian, Russian Diplomats Discuss Mutual Economic Cooperation

Iranian Deputy Foreign for Economic Diplomacy Gholam-Reza Ansari has met with his Russian counterpart Alexander Pankin via videoconference.

Iranian, Turkish Presidents Discuss Enhancement of Trade Ties

Iran's President Hassan Rouhani has called for the promotion of economic and trade cooperation with neighbouring Turkey to mitigate the negative effects of the US sanctions and the outbreak of the coronavirus pandemic.

Latest news