Economy

All News about Iranian Economy – Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

IFP Exclusive

Iran Offers Tax Exemptions for Non-Oil Exports

IFP Editorial Staff -
The Iranian businesses exporting non-oil products are exempted from paying the tax provided that the hard currency earned from the sale of goods is repatriated, Minister of Economy Farhad Dejpasand has announced.
IFP Exclusive

Iran to Export Cancer Drugs to Thailand, Armenia

IFP Editorial Staff -
A knowledge-based Iranian company has produced an anti-cancer nano-medicine which is being exported to a number of foreign countries.
IFP Exclusive

Iranian Entrepreneurs Render US Sanctions Futile: Araqchi

IFP Editorial Staff -
Iran’s Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi has described the US sanctions against Iran as “useless and futile,” arguing that “relying upon our domestic capabilities our entrepreneurs will provide us with every product we need.”
IFP Exclusive

Official Warns Companies Leaving Iran over US Sanctions

IFP Editorial Staff -
Iran’s Foreign Ministry Spokesman Seyyed Abbas Mousavi has warned companies that “give in” to the US pressures and leave the Iranian market, saying their return won’t be easy at all.
IFP Exclusive

Iran Out of Recession Now: Economy Minister

IFP Editorial Staff -
Iran Minister of Economy Farhad Dejpasand says that the country has pulled itself out of economic recession, as the economic growth without taking oil revenues into account has been positive from March to November 2019 despite the US sanctions.
IFP Exclusive

‘Oil-Free Economy to Increase Iran’s Export Capacities’

IFP Editorial Staff -
The CEO of Shahr-e Aftab Exhibition says Iran’s export capabilities are the result of the country’s manufacturing capabilities, and the more the Islamic Republic distances itself from oil, the more its export capabilities increase.
IFP Exclusive

Foreign Investment in Iran Increased by 50%: Minister

IFP Editorial Staff -
Iran’s economy minister says in the first six months of the current Iranian year, the amount of foreign investment in the country has increased by 50% compared to the same period last year.
IFP Exclusive

US Lying that No Restrictions Put on Food, Drug Import: Iran

IFP Editorial Staff -
Iranian First Vice President Es’haq Jahangiri says the Americans are lying that they have put no restrictions on drugs and food import for the Islamic Republic.
IFP Exclusive

Iran’s Trade Turnover Over $72bn in 10 Months

IFP Editorial Staff -
An Iranian senior official says the value of Iran’s imports and exports during the past ten months has been over 72 billion dollars, which shows a rare increase in value.
IFP Exclusive

Iran’s Exports to Eurasia Up by 75 Percent: Official

IFP Editorial Staff -
The Chief of Iran Trade Development Organization Hamid Zadboum says Iran’s exports to Eurasian countries have increased by 75 percent in value between March and November 2019. 
IFP Exclusive

FM Zarif Addresses Indian Industrialists in Mumbai

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif, along with the Industry and Mines Minister of Maharashtra State, attended a gathering of Indian industrialists in Mumbai.
IFP Exclusive

FM Zarif Meets Iranian, Indian Entrepreneurs in Mumbai

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif had a meeting with over 200 Iranian and Indian businesspeople, merchants, and entrepreneurs upon arrival in Mumbai.
IFP Exclusive

Iran FM, Indian PM Discuss Business Cooperation

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif has met with Indian Prime Minister Narendra Modi in New Delhi.
IFP Exclusive

Iran’s Development to Continue Despite Sanctions: Vaezi

IFP Editorial Staff -
A senior Iranian official says the country will continue its development despite all the sanctions and pressures imposed by the United States.
IFP Exclusive

Iran Says Barriers to Transit Ties with Neighbours Removed

IFP Editorial Staff -
Iran’s minister of roads and urban development says all transit and customs issues between the Islamic Republic and the neighbouring countries have been resolved, and the Iranian fleet can now move to Europe and China.
IFP Exclusive

‘Europe Surprised by Export of Iran-made Laboratory Equipment’

IFP Editorial Staff -
The Austrian journal EuroPages in a report has expressed wonder that Iranian scientists have been able to make products that compete with those of large companies from Germany, South Korea, the United States and Britain and take their market share worldwide.
IFP Exclusive

Iran to Build Houses for Low-Income Families

IFP Editorial Staff -
Iranian Vice President says the government is to build houses for low-income families, including ten thousand residential units for the people of Khorasan Razavi province.
IFP Exclusive

INSTEX of No Use If Oil Revenues Not Secured: Iran

IFP Editorial Staff -
Governor of Iran's central bank says as long as the Europeans do not buy Iran’s oil and Tehran does not receive the oil revenues, the European financial mechanism known as INSTEX will be of no use.
IFP Exclusive

Iran, India Hold Joint Economic Commission Meeting

IFP Editorial Staff -
The Islamic Republic of Iran and the Republic of India held the 19th meeting of their Joint Commission of Economic Cooperation in Tehran on Sunday, December 22.
IFP Exclusive

Uzbekistan Hosts Exclusive Exhibition of Iranian Products

IFP Editorial Staff -
An exclusive exhibition of achievements of the Islamic Republic of Iran has opened in the capital of Uzbekistan, Tashkent, on Wednesday.
IFP Exclusive

Uzbek Companies Invited to Meet Iranian Business Delegation in Tashkent

IFP Editorial Staff -
A delegation of Iranian knowledge-based companies and business officials will be in Tashkent on Thursday, December 12, 2019. Hereby, all Uzbek companies and businesspeople working in the following fields are invited to come to International Hotel Tashkent at 10 am (local time) to have B2B meetings with their Iranian counterparts.
IFP Exclusive

Iran’s Share of Iraqi Imports Reaches 25 Percent

IFP Editorial Staff -
One-fourth of the total imports into Iraq come from Iran, an Iranian official has announced.
IFP Exclusive

Iran, Tajikistan Agree to Boost Mutual Cooperation

IFP Editorial Staff -
The 13th meeting of the Joint Commission on Economic Cooperation between the Islamic Republic of Iran and the Republic of Tajikistan came to an end in Tehran with agreements on expansion of bilateral cooperation.
IFP Exclusive

Kyrgyzstan Eyes Oil Imports from Iran

IFP Editorial Staff -
Minister of Transport and Roads of the Kyrgyz Republic has voiced his country’s willingness to import oil from Iran and export foodstuffs to the Islamic Republic.
IFP Exclusive

Iran, Tajikistan Discuss Economic Cooperation in Tehran

IFP Editorial Staff -
The Islamic Republic of Iran and the Republic of Tajikistan have held the 13th meeting of the two countries’ joint commission on economic cooperation in Tehran.
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