Economy

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

Iran, Turkmenistan to Boost Mutual Trade to $60b

Mahmoud Vaezi, the chief of staff of Iranian President Hassan Rouhani, says Tehran and Ashgabat are seeking to upgrade the value of their mutual economic relations to $60 billion.

Iran Can Meet Turkmenistan’s Trade Needs: President

Turkmenistan’s President Gurbanguly Berdimuhamedow says his country is fully prepared to expand its mutual ties with its southern neighbour, the Islamic Republic of Iran, in all areas, especially in business.

Iran, India, Afghanistan Agree to Boost Cooperation on Chabahar

The first tripartite meeting of Iran, Afghanistan, and India was held on September 11, 2018 at the level of deputy foreign ministers in the Afghan capital of Kabul.

Lalejin; A World Craft City with Zero Unemployment Rate

The city of Lalejin in Iran’s Hamadan province is globally known for its pottery, and this has helped the World Craft City to decrease its unemployment rate to almost zero.

Forex Offices Allowed to Import Foreign Currencies to Iran

The governor of Iran’s Central Bank Abdolnasser Hemmati says the foreign exchange offices are now allowed to import foreign currency notes to the country.
FATF

Iranian MPs to Review Bill on Iran’s CFT Accession

The Iranian parliament is to review a bill on Iran’s accession to Combating the Financing of Terrorism (CFT), which was earlier proposed by the government as part of measures to adopt the standards set by the Financial Action Task Force (FTAF).

Tehran, Moscow, Ankara Agree to Ditch US Dollar in Trade

Governor of the Central Bank of Iran (CBI) says important agreements have been reached with Russia and Turkey on oil sales and ditching the US dollar in bilateral trade.

Iran’s Private Firms Called on to Partake in Syria’s Reconstruction

Iranian Foreign Minister Mohammad Javad Zarif and Syrian Prime Minister Imad Khamis have discussed the stronger role of Iranian companies in the reconstruction of the war-torn Arab state.

“US Resolved to Topple Iran Ruling System through Economic War”

Iranian ambassador to the United Kingdom says the US’ all-out economic war against Iran is aimed at overthrowing the Islamic Establishment through fomenting public dissatisfaction.

UK Minister in Tehran to Discuss Business Ties despite US Bans

Iran and Britain are slated to hold a new round of bilateral talks in the Iranian capital Tehran on September 1, defying the US sanctions re-imposed by the Trump administration.

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