Economy

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.

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.

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