Economy

Qatar Bans Citizens from Buying, Selling Saudi-Made Goods

The Qatari government has banned its citizens from buying or selling goods made in a Saudi-led group of countries that maintain a blockade on the country, in a move that further shatters hopes for the settlement of the political crisis.

“Iran Must Prepare Itself for All-Out Economic War”

Mohammad Javad Larijani, a senior and influential politician, says the Iranian government must prepare itself for a full-scale economic war waged by the US.

“US Targeting Iran’s Achilles’ Heel to Curtail Its Regional Influence”

A political commentator says Washington’s pullout from the Iran nuclear deal and re-imposing sanctions were basically aimed at cutting back Tehran’s influence in the Middle East.

Eurasian Economic Union to Create Free Trade Zone with Iran

The Russia-led Eurasian Economic Union (EEU) trade bloc plans to hold talks with Iran over a free trade zone.

Iran Can Cooperate with Turkmenistan in Construction Projects

Iranian President Hassan Rouhani called for the implementation of bilateral agreements with Turkmenistan, voicing Iran’s readiness to carry out road construction projects in the neighboring country and supply it with technical and engineering services.

US Exit from JCPOA Not to Cause Any Problem for Iran Economy: Central Bank

The central bank of Iran dismissed concerns about the negative consequences of the US withdrawal from the 2015 nuclear deal, saying it has already devised plans to prevent any harm to the country’s banking system and to satisfy demands for hard currency.

Iran Calls for Promotion of Business Ties with Georgia

Iranian Foreign Minister Mohammad Javad Zarif says Iran and Georgia must boost their bilateral relations in all areas, particularly in the economic field.

Iran Capable of Producing Quality Goods despite Sanctions: Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has hailed Iranian producers and workers for their being able to produce high-quality products despite international pressure and sanctions on the Islamic Republic of Iran.

Unification of Forex Rates Pre-Emptive Response to US Plot: Iran

Iranian President Hassan Rouhani has defended his government’s plan to unify official and free market exchange rates for the Iranian currency rial against the US dollar, saying it foiled a plot hatched by Washington to foment economic instability in Iran.

Iran Officially Replaces US Dollar with Euro in Int’l Transactions

The Iranian government has decided to replace the US dollar with euro in its international transactions in a move to prevent the greenback’s fluctuations from negatively affecting the Iranian economy.

China Still Iran’s Top Business Partner

Islamic Republic of Iran Customs Administration's latest report shows China remains Iran’s top trading partner.

Iran Leader Hails Idea of Replacing Dollar with Euro in Int’l Transactions

The Governor of Iran’s Central Bank Valiollah Seif says the government eyes replacing the US dollar with the euro in its international transactions and the idea has been welcomed by the Leader Ayatollah Khamenei.

Iran FM Meets Brazilian President before Departing for Uruguay

Iran’s Foreign Minister Mohammad Javad Zarif, at the end of his visit to Brasilia, held a meeting with Brazilian President Michel Temer before leaving the country for Montevideo.

Iran, Brazil Sign MoUs to Expand Mutual Cooperation

Iran’s Foreign Minister Mohammad Javad Zarif and his Brazilian counterpart Aloysio Nunes have inked several documents of cooperation in the South American state’s capital.

FM Zarif Urges Removal of Banking Problems in Iran-Brazil Ties

Iran’s Foreign Minister says the lack of banking relations between Tehran and Brasilia is one of the major obstacles to the development of mutual ties, stressing that a solution must be found for the problem.

Iran to Boost Cooperation with Russia on National Projects: Larijani

Iran’s Parliament Speaker Ali Larijani says cooperation between Tehran and Moscow will be developed to implement major national and provincial projects.

Iran Resolved to Boost Business Ties with Developing Countries

Iranian Foreign Ministry Spokesman Bahram Qassemi says Foreign Minister Mohammad Javad Zarif’s ongoing visit to Africa and his later trips to South America are aimed at enhancing Tehran’s business relations with developing countries.

Top Iranian, Venezuelan Diplomats Discuss Closer Economic Ties

Iran’s Foreign Minister Mohammad Javad Zarif and his Venezuelan counterpart Jorge Arreaza have exchanged views on ways to improve economic collaboration between Tehran and Caracas.

Iran, Azerbaijan Sign MoUs on Mutual Cooperation

Iran and the Azerbaijan Republic have inked eight memoranda of understanding on mutual cooperation.

Iran, Turkmenistan Sign 13 MoUs to Strengthen Bonds of Friendship

Tehran and Ashgabathave signed 13 memoranda of understanding to broaden ties between the two nations, with their presidents vowing to work towards developing deeper cooperation.

Iranian Gov’t Bodies Obliged to Buy Domestic Products

Iran’s first vice-president says governmental bodies will be banned from buying foreign products in the current Iranian year (started March 21), in line with guidelines suggested by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.

Iran’s Economy Can Be Improved by Supporting Iranian Products: Leader

The Leader of Islamic Revolution has once again called on the 80-million nation to dedicate their efforts to promoting domestic production, saying an inward-looking attitude among the Iranian people could help improve their economy.

Iran Leader Calls on Nation to Support Iranian Products

Ayatollah Seyyed Ali Khamenei, the Leader of Iran’s Islamic Revolution, has named the new Iranian calendar year as Year of Support for Iranian Products.

Thousands in Iran May Lose Their Jobs If Telegram Blocked

An Iranian official says at least 180,000 families in Iran are directly making money using the popular messaging app Telegram, but they may find it hard to make ends meet once their access to the app is restricted.

Tehran, Baku, Tbilisi, Ankara Agree on All-Out Multilateral Cooperation

The first quadrilateral meeting of the Ministers of Foreign Affairs of Iran, Azerbaijan Republic, Georgia, and Turkey wrapped up on Thursday with a joint statement that called for expansion of quadripartite cooperation between the four states.

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