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

Economist Explains Reasons for Advocating Fuel Rationing in Iran

IFP Editorial Staff -
One of the most fervent advocates of new regulations on fuel consumption in Iran says a series of public protests in the wake of a recent hike in the price of subsidized gasoline had other social reasons.
IFP Exclusive

Kenya Calls for Joint Ventures with Iran in Housing Sector

IFP Editorial Staff -
Kenya has invited Iran to take part in housing projects in the African country.
IFP Exclusive

Iran Ready to Implement Development Projects in Algeria

IFP Editorial Staff -
Iran’s Minister of Roads and Urban Development has expressed Tehran’s preparedness to implement development projects in Algeria saying that Iran is willing to transfer its experience of modern technologies to the African nation.
IFP Exclusive

Iran to Export 17 Medicines to Russia

IFP Editorial Staff -
An Iranian official has unveiled plans for the export of 17 types of high-tech pharmaceuticals to Russia.
IFP Exclusive

Iran, Syria to Cooperate on Housing, Urban Development

IFP Editorial Staff -
Syria's Minister of Public Works and Housing Suhail Mohammad Abdul Latif has discussed bilateral relations with Iranian Deputy Foreign Minister for Economic Affairs Gholam-Reza Ansari in Tehran.
IFP Exclusive

Cash Subsidies Paid to 60m Iranians after Gas Price Hikes

IFP Editorial Staff -
A senior Iranian official says cash subsidies to improve the Iranian people’s livelihoods have been paid to some 60 million citizens in the past few days after gasoline prices were tripled.
IFP Exclusive

Iran Ready for Talks with Anyone If Its Interests Met: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani says Tehran is prepared to sit at “any negotiating table” if the talks are necessary for serving the country’s national interests.
IFP Exclusive

Caspian Sea Generous Source of Income for Local Fishermen

IFP Editorial Staff -
With the arrival of autumn, fishermen on the coast of Caspian Sea look out for the generosity of the sea and go through it to catch fish.
Asia

China, US Agree to Roll Back Tariffs on Each Other’s Goods

IFP Media Wire -
China and the US have agreed to proportionally roll back tariffs on each other’s goods in phases, a Ministry of Commerce spokesman said.
IFP Exclusive

Iranian Delegate Attending China Imports Exhibit in Shanghai

IFP Editorial Staff -
An international exhibition on Chinese imports has opened in Shanghai, with several Iranian representatives in attendance.
IFP Exclusive

Iran Says Ready to Link Kyrgyzstan, Uzbekistan to Global Markets

IFP Editorial Staff -
First Vice President Es'haq Jahangiri says Iran is a major hub of transit in the world and can connect Central Asian states, including Kyrgyzstan and Uzbekistan, to the global markets.
IFP Exclusive

Iran to Open First National Trade Office in Russia

IFP Editorial Staff -
A senior Iranian official says Iran’s first National Trade Office in Russia will be opened by the private sector in two months’ time.
IFP Exclusive

Iran Set to Boost Value of Trade with Turkey to $30bn

IFP Editorial Staff -
A senior Iranian official says Tehran and Ankara enjoy close and strategic relations, adding the two sides aim to bring mutual trade to $30 billion.
IFP Exclusive

Iran-Eurasia Preferential Trade Deal Goes into Effect

IFP Editorial Staff -
A preferential trade agreement between Iran and the Eurasian Economic Union (EEC) has come into force.
Media Wire

Iran Minister Boycotts IMF Meeting in US after Colleagues Denied Visa

IFP Media Wire -
Iran’s Minister of Economic Affairs and Finance Farhad Dejpassand has cancelled a trip to the United States earlier this month to attend a high-profile international meeting after Washington denied visas for members of his visiting delegation.
Media Wire

People, Global Trade Put at Risk by US Sanctions: Zarif

IFP Media Wire -
Iranian Foreign Minister Mohammad Javad Zarif warns that the sanctions imposed by the United States against member states of the Non-Aligned Movement (NAM) have put hundreds of millions of people at risk and hampered global trade.
IFP Exclusive

Iran Making Economic Progress despite US Sanctions: Official

IFP Editorial Staff -
Iranian President's Chief of Staff Mahmoud Vaezi says the US economic war has failed to hinder the Islamic Republic’s economic growth.
IFP Exclusive

Iran Exports Rise by 22 Percent Despite Sanctions: VP

IFP Editorial Staff -
Iran’s First Vice President Es’haq Jahangiri has lauded the exporters for contributing to the country’s economic progress, saying the country’s exports have grown by 22 percent despite the US sanctions.
IFP Exclusive

Rouhani Blames Saudi, Israel for Trump’s Exit from Iran Deal

IFP Editorial Staff -
Iranian President Hassan Rouhani has regretted that his US counterpart Donald Trump withdrew the country from the 2015 nuclear deal with Tehran, under the influence of Saudi Arabia, Israel, and warmongers inside his cabinet.
IFP Exclusive

Iran Prefers Using National Currency in Trade with Neighbours: Minister

IFP Editorial Staff -
Iran’s Minister of Industry, Mine and Trade says the government's policy is to use national currency in business with friendly and neighbouring countries.
IFP Exclusive

FM Zarif Slams US Economic Terror as War Crime

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif has blasted the US economic terrorism against Iran as a war crime and war on civilians.
IFP Exclusive

Iran, Turkey Move to Boost Trade Ties

IFP Editorial Staff -
Iran’s Minister of Economy Farhad Dejpasand says Tehran and Ankara are expected to enhance trade interaction to achieve the target of $30 billion annual trade exchange.
IFP Exclusive

Tourism Industry Earned Iran $12 Billion in Past Year

IFP Editorial Staff -
Iran’s minister of culture, tourism and handicrafts says the country has earned nearly $12 billion through its tourism industry over the past year, but it still needs to further ameliorate this sector.
Media Wire

Turkey to Continue Trade with Iran Despite US Bans: Erdogan

IFP Media Wire -
Turkish President Tayyip Erdogan said it was impossible for Turkey to stop buying oil and natural gas from Iran, despite the threat of US sanctions, and added that trade between the two countries would continue, a report said.
IFP Exclusive

Future Generations to Reap Benefits of Chabahar: Iran

IFP Editorial Staff -
Iranian President Hassan Rouhani says the current and future generations of the region will reap the benefits of the Chabahr port jointly developed by Iran and India.
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