Economy

Iran’s Non-Oil Exports Doubled in 8 Years: President

The Iranian president says the country's non-oil exports have roughly doubled in the 11th and 12th administrations.

Government’s Top Priority Is to Protect Iranians’ Lives: President

President Hassan Rouhani says his government’s main priority amid the cruel sanctions and the economic woes is to protect the health and lives of people.

Iran Urges Expedition of Trade with Neighbouring Countries

The Iranian president has instructed relevant authorities to set up a working group immediately to remove bureaucratic obstacles to trade and economic relations with neighbouring countries.

Iran to Hold Forum on Promotion of Trade with Africa

The Trade Promotion Organization of Iran is going to hold a forum in early October to weigh plans for boosting Iranian exports to the African nations, an official has announced.

Iran’s Economy Recovering Balance after Coronavirus Shock: Top Banker

In an Instagram post on Monday, Abdolnasser Hemmati pointed to the statistics for Iran’s economic growth in the first quarter of the current Iranian...

Iran, Turkey to Develop Business Ties in Various Sectors: Official

An Iranian top official says Tehran and Ankara are going to develop their cooperation in a wide range of business sectors, especially banking, as soon as possible.

Iran, New Zealand Discuss Closer Political-Economic Cooperation

High-ranking diplomats from Iran and New Zealand have held the seventh meeting of the Joint Commission on Political-Economic Cooperation via videoconference.

US Plot to Destabilize Iran’s Forex Market Failed: Central Bank Chief

Governor of the Central Bank of Iran says the relentless efforts of the US to destabilize Iran's foreign currency market have failed thanks to the Central Bank's measures.

Iran’s Revenues from Non-Oil Exports Exceed Value of Imports: President

Iranian President Hassan Rouhani has highlighted his administration’s success in boosting the export of non-oil products, the income from which has exceeded the value of imports for the first time over the past 60 years.

Iran Boosting Exports to Kuwait as COVID-19 Restrictions Eased

The Trade Promotion Organization of Iran has reported a rise in the export of strategic products to Kuwait as the Arab country eases its COVID-19 restrictions.

Iran’s Economy Shrinks by Only 3% after COVID-19: President

Iranian President Hassan Rouhani said while the novel coronavirus pandemic has slashed major economies in the world by up to 20 percent, Iran’s economy has contracted only by 3 percent.

Iran Leader Calls US Model of Governance ‘Utter Failure’

Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei says the United States’ model of governance has proven “an utter failure,” and human values have taken the biggest hit in America.

Rouhani’s Administration to Release Annual Economic Road Map

Iranian President Hassan Rouhani says his administration has come up with a road map to economy for the final year of his tenure.

Sanctions Fail to Stop Iran Making Progress: Rouhani

The Iranian president says sanctions have failed to keep Iran from moving ahead on the path to development and progress.

Iran, India to Sign Preferential Trade Agreement Pact

Iran and India are to hold negotiations to further enhance mutual cooperation in the trade sector.

Iran’s Economy Growing Despite Sanctions, COVID-19 Outbreak: Rouhani

The Iranian president says the country is making progress on the economic front despite the pressure caused by sanctions and the Coronavirus pandemic.

Iran’s Exports to Eurasia Rise by 63%

Iran’s exports to Eurasia have registered a considerable growth despite the coronavirus pandemic.

Bahrakan; The Biggest Fishing Port of Iran

Located in Hendijan, southern Iran, Bahrakan is known as the largest fishing port in the country.

Tehran Ready for Comprehensive Trade Cooperation with Baghdad: VP

Iranian First Vice-President Es’haq Jahangiri has expressed Tehran’s readiness to sign a comprehensive agreement on economic cooperation with Iraq, describing the deal as a major step in meeting the target for the promotion of bilateral trade.

Extension of 20-Year Deal with Russia on Iran’s Agenda: Zarif

Foreign Minister of Iran Mohammad Javad Zarif has confirmed that Tehran is willing to extend a 20-year cooperation agreement with Russia as the deal is going to expire next March.

Non-Oil Exports, Trade with Neighbours Iran’s Top Priorities: President

President of Iran Hassan Rouhani says the main economic priorities set by his administration are to boost the export of non-oil products and promote trade ties with the neighbouring countries.

150 Iranian Companies Exporting Medicinal Herbs

Iranian companies producing medicinal herbs are exporting their products as they tap into the existing potential to further expand the industry.

Iran, Malaysia Discuss Finalization of Preferential Trade Deal

The Foreign Ministers of Iran and Malaysia have discussed a whole range of issues, including bilateral, regional and international questions as well as issues facing the Muslim world.

Iran’s Non-Oil Exports Could Reach $41bn This Year: President

The Iranian president says the country’s non-petroleum exports could touch $41 billion, which would be a surplus to domestic needs.

VP Urges Boost to Iran’s Non-Oil Exports

Iran’s First Vice President Es’haq Jahangiri has described a surge in the export of non-oil products as a top priority in the administration’s economic policy, calling on all governmental and private sectors to contribute to the promotion of non-oil exports.

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