Economy

Iran, Kyrgyzstan Hold Virtual Business Event

Dozens of Iranian knowledge-based companies and businesspeople from Kyrgyzstan have attended an online international event to present the technological demands and services and hold expert trade talks.

Iran, Belarus to Hold 15th Meeting of Joint Commission

An Iranian official has unveiled plans for holding the 15th meeting of Iran-Belarus Joint Commission in the near future.

Iranian MPs to Question President over Economic Woes

At least 200 members of the Iranian parliament have signed a motion to question President Hassan Rouhani over his administration’s handling of economic woes and the national currency’s decline.

Consignment of Transit Goods from Afghanistan Shipped to India via Iran

A shipment of transit goods has, for the first time, been transported to India via a port in southern Iran.

US Push for Economic Collapse of Iran Has Gone Nowhere: VP

Iranian First Vice President Es’haq Jahangiri says the US government’s attempts at economic collapse of Iran have ended in failure with the resistance shown by the great Iranian nation.

Iran Calls for Prompt Implementation of Agreements with Pakistan

Iran’s President Hassan Rouhani has called for rapid implementation of the deals with its eastern neighbour Pakistan to enhance economic and trade relations between Tehran and Islamabad.

Iran Blames Int’l Psy-War for Historic Devaluation of National Currency

Iranian President Hassan Rouhani says an international psychological warfare and an unrealistic anxiety among the people are the reasons for the recent fall in the value of Iran’s national currency, rial.

Tehran Okays Final Draft Version of Sino-Iranian Cooperation Plan

The Iranian Cabinet has approved the final draft version of the Iran-China 25-year cooperation plan.

Iran Exports $17bn Worth of Goods in 12 Months through Free Economic Zones

Some $17 billion worth of commodities were exported from Iran’s free trade zones and special economic zones in the one year to March 2020.

Iran Pushing on with Economic Plans Despite Coronavirus: Rouhani

President of the Islamic Republic of Iran Hassan Rouhani says the outbreak of coronavirus has not brought economic activities in the country to a halt, describing the inauguration of new projects as a testimony to Iran’s unfaltering progress.

Iran Pushing to Mitigate Economic Repercussions of COVID-19: Rouhani

Iranian President Hassan Rouhani has highlighted his administration’s efforts to deal with the economic consequences of the coronavirus outbreak, pointing to schemes to protect the livelihood of people and prevent price hikes.

Iran Exports 20% of Domestically-Produced Nano-Products

An official says export of a whole range of homegrown products makes up a fifth of Iran’s nano-economy.

Iran Denies Reports on Suspension of Trade with UAE

The Trade Promotion Organization of Iran has denied reports carried by some media that trade relations between Iran and the United Arab Emirates (UAE) are going through a rough patch.

People Contributing to Economy by Trading Shares: Iran President

The Iranian president says the Tehran Stock Exchange has increased people’s contribution to the country's economy.

Iran-Kyrgyzstan Trade Should Not Hang on End of COVID-19: Rouhani

Iranian President Hassan Rouhani has called for the promotion of economic relations with Kyrgyzstan, saying the two countries can expand their trade ties in compliance with the health protocols regardless of the prospect for an end to the coronavirus pandemic.

Iran’s Gov’t Committed to Combatting Absolute Poverty: Rouhani

Iran’s President Hassan Rouhani says his government has been committed to combatting absolute poverty and will continue to do so.

Iran to Exclude Oil Revenues from Its Income Basket

Iran says the country’s top priority is to put aside the oil and just depend on non-oil revenues to handle the country’s economic issues.

Iran Reopens Mosques, Lifts Restrictions on Shopping Malls

Iran’s President Hassan Rouhani has announced new policies to ease restrictions which were in place since the outbreak of the coronavirus.

Halt to Tehran-Seoul Trade Ties ‘Temporary’, Analyst Says

A senior economic analyst believes the current disruption to bilateral trade between Iran and South Korea is temporary, and there is reason to be optimistic about future economic ties. 

Iran Unveils Four Mega Projects to Boost Digital Economy

Iran’s president has unveiled four new infrastructural projects, launched by the information and communications technology ministry, to boost the country’s digital economy.

Iran Calls for Closer Business Ties with Georgia

Iranian First Vice President Es'haq Jahangiri has offered congratulations to Georgia on its national day, calling for expansion of business ties between Tehran and Tbilisi.

Iran’s First Tanker in Venezuela to Deliver Much-Needed Gasoline

The first of five tankers carrying Iranian gasoline to Venezuela has arrived in the Latin American country despite the US threats.

Iran, Turkey Move to Reopen Land, Air Borders

The presidents of Iran and Turkey have discussed plans to reopen the land and air borders between the two neighbours and restart trade exchanges in compliance with the health protocols.

Iran Announces Protocol on Granting 5-Year Residence Permits to Foreign Nationals

Directives on issuing residence permits to foreign nationals making investment in Iran have been announced.

Iran to Resume Trade with Arab States in Compliance with Health Protocols

Iran says it has agreed with five Arab nations to resume business relations while adhering to health protocols and enforcing them at the borders.

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