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

Iranian Economy Adapting Itself to US Sanctions: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani has told ABC News that the country’s economy is adapting itself to the US sanctions in such a way that it has experienced a “trajectory of economic growth” in recent months.
IFP Exclusive

Turkey Deplores US Sanctions, Pledges Support for Iran

IFP Editorial Staff -
Turkish Minister of Trade Ruhsar Pekcan has given an assurance that her country will stand by Iran in the face of the harmful American sanctions.
IFP Exclusive

Iran to Produce All Medicine It Needs in 3 Years: Minister

IFP Editorial Staff -
Iran will achieve self-sufficiency and produce all the medicine it needs in three years’ time, says Minister of Health and Medical Education Saeed Namaki.
IFP Exclusive

Iran’s Non-Oil Exports Rise by 136%

IFP Editorial Staff -
Iran’s non-petroleum exports have registered a considerable rise in 2019 over the previous year.
Media Wire

RO-RO Ramp to Be Built at Iranian Caspian Sea Port

IFP Media Wire -
Iran has signed a major contract to build port facilities on the Caspian Sea that would enable terminal operations for roll-on roll-off (RO-RO) ships.
IFP Exclusive

Tehran, Dhaka Confer on Enhanced Business Ties

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif has held talks with Bangladesh Foreign Minister Abul Kasim Mohammed Abdul Momen in Dhaka.
Media Wire

China to Import Iranian Shrimp Instead of Saudi Shipments

IFP Media Wire -
China has banned imports of shrimp from Saudi Arabia and granted market access to 40 shrimp exporters from Iran, a report says.
IFP Exclusive

Nicaragua Eyes Closer Business Ties with Iran

IFP Editorial Staff -
Nicaragua has dispatched a high-ranking economic delegation to Iran to weigh plans for the expansion of trade ties with the Islamic Republic.
Media Wire

Iranian Official Confers on Closer Ties with Turkish President

IFP Media Wire -
Iranian President’s Chief of Staff Mahmoud Vaezi and Turkish President Recep Tayyip Erdogan held talks on a range of issues, including ways to boost bilateral trade between the two neighboring countries.
IFP Exclusive

Iran Has 25-Year Plan for Ties with China: Larijani

IFP Editorial Staff -
Iran’s Parliament Speaker’s Ali Larijani says the country has developed a 25-year plan to expand its mutual ties with China amid the US pressures on both countries.
Economy

In Photos: Iranian Market Run by Afghan Immigrants

IFP Editorial Staff -
Razzaqzadeh market is one of the oldest and most colourful, attractive and crowded markets in Zahedan in south-eastern Iran, which is mostly run by Afghan immigrants living in Zahedan due to their country’s difficult, unsafe conditions.
Media Wire

Iran May Cut Imports from Brazil If Stranded Ships Not Refueled

IFP Media Wire -
Iran has asked Brazil to allow refueling of Iranian ships or have Tehran cancel imports worth about $2 billion a year from the Latin American country.
Media Wire

Europe Must Make Investments in Iran to Save JCPOA: Zarif

IFP Media Wire -
Foreign Minister Mohammad Javad Zarif says the Europeans do not seem ready yet to put investment into saving the 2015 nuclear agreement with Iran, despite their claim to be willing to retain it.
IFP Exclusive

US Lies about Collapse of Iran’s Economy under Sanctions: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani says the White House lies about Iranian nation’s “regression” and the collapse of the country’s economy under the current sanctions.
IFP Exclusive

Swedish Ex-Leader Disputes UK Capture of Iranian Oil Tanker

IFP Editorial Staff -
A former prime minister of Sweden has questioned the legality of seizure of an Iranian oil tanker by the UK, stressing that the non-EU states are not subject to the European sanctions.
IFP Exclusive

Iran Exporting 2.5m Worth of Goods to Iraq Every Day

IFP Editorial Staff -
New reports suggest that Iran has considerably increased the amount of its exports to Iraq since last year despite the US sanctions.
IFP Exclusive

Iran Says Not Pinned Any Hope on Europe’s INSTEX

IFP Editorial Staff -
Iran’s deputy foreign minister for political affairs says the government has told all Iranian organisations not to pin hope on the European financial mechanism, known as INSTEX, which was meant to facilitate trade with Tehran under the US sanctions.
IFP Exclusive

Why and How to Get Iran’s Residency

IFP Editorial Staff -
A new by-law passed by the Iranian government provides foreign nationals, particularly those from Afghanistan, with a new chance to get Iran’s residency. But why and how should they do that?
IFP Exclusive

Iran Says Not Satisfied with INSTEX Implementation

IFP Editorial Staff -
Iran’s Foreign Ministry Spokesman says the way that the European financial mechanism, INSTEX, is currently being implemented is not what Iran has been asking for.
IFP Exclusive

Rouhani Urged to Learn from JCPOA, Not Be Deceived by INSTEX

IFP Editorial Staff -
Iranian conservative daily Kayhan has warned the administration of Hassan Rouhani against accepting the INSTEX, a special trade mechanism proposed by Europe, saying that Tehran must not be deceived by the “void” package once more.
IFP Exclusive

Investors Can Obtain Residence Permit in Iran

IFP Editorial Staff -
The Iranian administration has passed a piece of legislation that allows foreign individuals to receive a temporary residence permit in Iran by investment.
IFP Exclusive

‘INSTEX Implemented Too Late, Can’t Secure Iran’s Interests’

IFP Editorial Staff -
An Iranian lawmaker says the INSTEX, the European financial mechanism aimed at keeping economic ties with Iran normal amid the US sanctions, does not meet Iran’s interests as it is being implemented too late.
IFP Exclusive

EU Says Iran Trade Channel, INSTEX, Now Operational

IFP Editorial Staff -
Iran and other parties to the Joint Comprehensive Plan of Action have wrapped up a key meeting of the JCPOA by releasing a joint statement.
IFP Exclusive

Iran’s Oil Exports on Rise Despite US Sanctions: Official

IFP Editorial Staff -
The Governor of the Central Bank of Iran says the Islamic Republic has successfully conquered the peak of resistance and the exports of Iran’s oil is on the rise despite the US bid to bring them down to zero.
IFP Exclusive

‘Non-Oil Exports from Iran’s Chabahar Port Doubled’

IFP Editorial Staff -
An Iranian official says non-oil exports from the strategic Chabahar port in south-eastern Iran has grown by 100% in the first quarter of the current Iranian year compared to the same period last year.
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