Economy

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

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.

Caspian Sea Generous Source of Income for Local Fishermen

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.

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

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

Iranian Delegate Attending China Imports Exhibit in Shanghai

An international exhibition on Chinese imports has opened in Shanghai, with several Iranian representatives in attendance.

Iran Says Ready to Link Kyrgyzstan, Uzbekistan to Global Markets

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.

Iran to Open First National Trade Office in Russia

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

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

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.

Iran-Eurasia Preferential Trade Deal Goes into Effect

A preferential trade agreement between Iran and the Eurasian Economic Union (EEC) has come into force.

Iran Minister Boycotts IMF Meeting in US after Colleagues Denied Visa

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.

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

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.

Iran Making Economic Progress despite US Sanctions: Official

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

Iran Exports Rise by 22 Percent Despite Sanctions: VP

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.

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

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.

Iran Prefers Using National Currency in Trade with Neighbours: Minister

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.

FM Zarif Slams US Economic Terror as War Crime

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

Iran, Turkey Move to Boost Trade Ties

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.

Tourism Industry Earned Iran $12 Billion in Past Year

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.

Turkey to Continue Trade with Iran Despite US Bans: Erdogan

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.

Future Generations to Reap Benefits of Chabahar: Iran

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.

Iranian Economy Adapting Itself to US Sanctions: Rouhani

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.

Turkey Deplores US Sanctions, Pledges Support for Iran

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.

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

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.

Iran’s Non-Oil Exports Rise by 136%

Iran’s non-petroleum exports have registered a considerable rise in 2019 over the previous year.

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

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.

Tehran, Dhaka Confer on Enhanced Business Ties

Iranian Foreign Minister Mohammad Javad Zarif has held talks with Bangladesh Foreign Minister Abul Kasim Mohammed Abdul Momen in Dhaka.

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