Economy

A senior Russian economic official says the value of trade between his country and Iran increased by 20 percent in 2022 to reach $4.9 billion.

An Iranian member of parliament has issued a stark warning about the rising inflation in the country. Kazem Delkhosh Abatari said people are becoming weaker and weaker as a result of soaring prices.

An Iranian lawmaker has urged the Foreign Ministry to play a more active role in the case of Iran’s possible accession to the Financial Action Task Force (FATF).

An outspoken Iranian daily accuses China of giving empty promises to Tehran in bilateral deals on trade cooperation, urging Iranian officials not to pin their hopes on Beijing in their efforts to improve the country’s economic situation.

A senior Iranian official says Iran and China plan to launch a Green Customs Corridor aimed at facilitating growing trade between the two strategic partners.

The chairman of the Iran-Iraq joint chamber of commerce rejected any halt or disruption in Iran-Iraq trade ties, calling it psychological warfare.

Secretary of Iran’s Supreme National Security Council Ali Shamkhani says the top priority of Tehran and Moscow is to expand their economic ties.

An economic expert highlights a significant rise in Iran’s inflation under President Ebrahim Raisi, saying the first 10 months of the current Persian calendar year marked the peak of the country’s inflation in over seven decades.

Iran’s Customs Administration says the ten month exports of non-oil products in the country has hit 45.3 billion dollars, which is a 17.66 percent rise in terms of value compared to the same period of the previous year.

Uzbekistan’s President Shavkat Mirziyoyev has called for the formation of a joint committee by the Foreign Ministries of Iran and Uzbekistan in order to draw up a road map for economic cooperation between the two countries.

Secretary of the Supreme National Security Council of Iran Rear Admiral Ali Shamkhani has underlined the need to speed up the implementation of joint economic projects with Russia, which were earlier agreed by the presidents of the two countries.

Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite US sanctions, according to companies that track the flows.

A delegation of the Islamic Republic of Iran headed by Deputy Foreign Minister for Economic Diplomacy Mehdi Safari is in the United Arab Emirates to explore ways of boosting bilateral economic ties.

An Iranian economic expert says the country has resumed sales to Saudi Arabia despite troubled ties between the two neighbors, with the value of exports to kingdom having reached around $15 million in seven months.

The first ocean liner from China has docked in Chabahar Port in southern Iran.

The Iranian interior minister highlights the strategic significance of the country’s southeastern frontiers, saying the Tehran administration is pursuing an agenda to promote border diplomacy with neighboring Pakistan and Afghanistan.

Iran’s Ambssador to Oman  has said trade between the two countries has increased by 73 percent.

Iran dispatches a ship to Venezuela carrying a cargo of domestically-made goods as part of Tehran’s policy of promoting non-oil products in the international market.

An outspoken Iranian daily criticizes a dramatic rise in prices and a drop in the value of the national currency, saying the economic shock shows the administration’s managers are unable to run the country’s affairs.

A senior Russian customs official says the value of Iran-Russia trade surpassed $4 billion in the first 10 months of 2022, with the amount exceeding the figures recorded throughout entire 2021.

Figures show more than three million people in Iran have either lost their employment or left the labor market in the country over the past year.

Turkmenistan’s trucks have started their traffic across the border with Iran after a 3-year hiatus due to the Covid pandemic.

Iranian President Ebrahim Raisi has stated that the enemy wanted to interrupt Iran’s trade with sanctions, but the country's oil and non-oil exports did not halt for a moment.

Belarus Prime Minister Roman Golovchenko says his country and Iran are drawing up an inclusive document of commercial and economic cooperation.

Iran and Russia have signed four cooperation documents, including a Strategic Roadmap for the Development of Bilateral Relations.