Economy

Iran, Turkey Strongly Opposed to Secession of Regional States: Rouhani

Iranian President, Hassan Rouhani, says Tehran and Ankara will never accept redrawing of geographical borders in the region and officials in the Iraqi Kurdistan region must reconsider their secessionist tendencies.

Iran, Turkey Sign 4 MoUs

Iran and Turkey inked four Memorandums of Understanding during the Turkish president’s visit to Tehran on Wednesday.

Chinese Vessels’ Overfishing Affect Iranian Fishermen’s Livelihoods

An Iranian lawmaker says excessive fishing by Chinese ships in waters off the southern Iranian coasts has affected local fishermen’s livelihoods.

Tehran Chamber of Commerce Opens Office in London

An office of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) was launched in the British capital of London to facilitate the attraction of foreign investment in the Islamic Republic.

Iran Bans Fuel Shipment to Iraqi Kurdistan

Iran’s Ministry of Roads and Urban Development warned companies against shipment of oil products to and from the Iraqi Kurdistan “until further notice”.

Deregulation; Best Way to Save Iran’s Economy

An Iranian analyst believes deregulation of the Iranian economy is the most suitable solution for strengthening the country's economy.

Iran, World’s Eighth Producer of Cocoons, Silk Thread

Iran ranks eighth in the world in terms of producing cocoons and silk thread, a top Iranian official says.

Iran Inks Deal to Boost Date Exports via Oman

Iran has signed a contract to use Oman’s facilities to boost its date exports to such markets as the US, China and Latin American countries.

Over 1,000 Firms Attending IranPlast Int’l Exhibition

The 11th edition of IranPlast Exhibition is underway in the Iranian capital, with 1,124 domestic and foreign companies in attendance.

Iran Can Attract $3.5 Trillion worth of Foreign Investment: CBI

The Governor of Central Bank of Iran (CBI), Valiollah Seif, says the country has the capacity to attract $3500 billion worth of foreign investment in the next two decades due to its unique geopolitical and economic conditions.

Powerful Domestic Leg Shouldn’t Be Exchanged for Foreign Cane: Iran Leader

The Leader of Iran’s Islamic Revolution says the Islamic Republic should have extensive relations with the world, but the country’s “powerful leg should not be exchanged for foreigners’ cane”.

Numerous Foreign Investors en Route to Iran: Central Bank

The governor of Iran's Central Bank says a huge number of foreign investors are on their way to Iran due to the consistent policies adopted by the Iranian government to achieve its main economic goals.

Iran to Surpass US to Become World’s Top Pistachio Producer Again

An Iranian official says the country is expected to produce 310,000 tonnes of pistachio in the current Iranian calendar year, surpassing the United Stated to once again become the world’s biggest pistachio producer.

Iranian Province Attracts $36m in Foreign Investment

Iran’s East Azarbaijan province has attracted $36 million in foreign investment since March 2017, according to a local trade official.

Iran Welcomes Joint Ventures with Germany: Health Minister

Iranian health minister says the country is ready to promote its cooperation with Germany to develop modern technologies and create job opportunities in Iran’s health sector.

Int’l Sporting Goods Exhibition Underway in Iran

The 16th International Exhibition of Sports, Sporting Goods and Equipment (SPORTEX 2017) is being held in the Iranian capital of Tehran.

80% Jump in Iran’s Exports to Turkey in 7 Months

The total value of Iran’s exports to Turkey during the first seven months of the current year has increased by 80 percent, compared to the same period last year, data released by Turkey showed.

Iran, Qatar to Expand Economic, Urban Development Ties

Iran and Qatar have signed a number of agreements in different fields including economy and urban development as part of a larger plan to expand bilateral relations.

Iran, Syria Discuss Boosting Cooperation in Agriculture Sector

Iranian and Syrian officials have conferred on enhancement of mutual cooperation in the agriculture sector, particularly in the fields of research and training.

France Using Iranian Saffron to Produce Herbal Medicines

An Iranian MP says France has managed to develop value-added products using Iran’s saffron by processing the crop into antidepressants and herbal medicines.

Iran Sells Screening Rights of 64 Films to Other Countries

The screening rights of dozens of Iranian films have been sold to other countries during President Hassan Rouhani’s first term, according to an official.

Croatia’s Largest Bank Keen on Expanding Relations with Iran

A Croatian official says the East European state’s biggest bank has expressed willingness to deepen and expand relations with Iran.

Iran Parliament Authorizes Expansion of Cooperation with Slovenia

The Iranian Parliament has unanimously approved a bill that permits the government to expand the country’s economic cooperation with Slovenia.

Iran Parliament Vows Strong Support for Handwoven Carpet Industry

A senior Iranian MP says the Parliament will do its best to help reinforce the export of Iran’s handmade carpets to global markets.

Iran, Azerbaijan Need to Sign Free Trade Agreement

Economic estimates indicate that Iran needs to sign a free trade agreement with Azerbaijan Republic if it wants to gain an appropriate share in the Azeri market.

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