Economy

Iran is ready to provide Pakistan with its energy needs, Interior Minister Abdulreza Rahmani Fazli said.

Malaysian Minister for International Trade and Industry Mustapa Mohamed said his country sees no barrier to expansion of Kuala Lumpur-Tehran ties.

Women have acted successfully in different fields to help realize the goal of economic development, the vice president for women and family affairs Shahindokht Molaverdi said on Tuesday.

Kazakh President Nursultan Nazarbayev arrived in Tehran on Monday to chart a new course in bilateral ties with Tehran, inking 66 documents with a value of $2bn.

The Italian prime minster arrived in Tehran on Tuesday to discuss ways to improve mutual economic cooperation between the two nations.

President Hassan Rouhani said that Iran and Kazakhstan believe that the Islamic world's voices of unity and cooperation should be heard everywhere.

Iranian Minister of Petroleum Bijan Zangeneh said Iran and India are discussing setting up banking channels which will allow the Central Bank of Iran to access $6bn of India's oil debts to Iran.

Iran’s Ambassador to Astana Mojtaba Damirchilou said Iran and Kazakhstan are set to finalize cooperation agreements in different fields during the official visit to Tehran by President Nursultan Nazarbayev.

UK is ready to help development of Iran airport and aviation industry, British Minister of State at the Department of Transport Robert Goodwill said on Sunday.

High-ranking officials from Iran and Turkey signed three trade and banking agreements as part of efforts to boost economic relations between the two neighboring countries.

Aiming to confer with large foreign banks, an Iranian delegation headed by the Minister of Industry, Mines & Trade is going to take part in an Iran-UK business conference entitled " A New Outlook on Trade & Investment between Iran and Britain", which will be held in London next week.

Iranian and Turkish officials in a meeting reviewed ways to share experiences in various economic issues and widen relations in tourism, cultural and investment areas.

Iran plans to host 65 international exhibitions and 7 local ones in the current Iranian calendar year, which started on March 21, 2016.

The contract for exporting two million tons of gas oil to Iraq will soon be inked to turn the neighboring country into largest buyer of the Iranian oil product.

Iran is to resume export of caviar to America and Canada this year and search for new customers.

Iran is optimistic about its membership in the World Trade Organization (WTO), Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said in this southern province.

Iran has passed laws giving tax exemptions for five years to foreigners making investments in Iran, said Deputy Head of the Iranian Trade Development Organization Sadeq Ziyaie-Bigdeli.

Internal economic problems should be removed and business environment improved in order to materialize Iran’s economy of resistance, said Deputy Head of Iran's Chamber of Commerce here Wednesday.

The Taiwanese government announced it has lifted visa restrictions for Iranian applicants to travel to the Asian island. Furthermore, it will increase its oil purchases from Iran.

Iran has signed agreements with major drug producing companies for medicine production, said Head of Iranian Drug Producers Association Naser Riyahi.

Italian Prime Minister Matteo Renzi is scheduled to pay a two-day visit to Tehran this month, a report said.

Iranian and Austrian private sectors will work on seven contracts, worth two billion euros,dealing with a number of agricultural and development projects.

Iran said that Germany’s auto giant Volkswagen is expected to seal a deal with an Iranian partner in the near future to invest in the country’s car industry.

European banks have reportedly started to re-engage with Iran after over two months from the removal of sanctions against the country.

Deputy industry minister has announced the possibility of Iran-Turkey trade using Rial and Turkish Lira currencies.