Monday, January 30, 2023

Economy

Iran, South Africa keen for closer economic ties

Tehran is willing to expand economic relations with Pretoria and the ties should develop with a good momentum, said the president in a meeting with Nkoana-Mashabane.

Iran trade team on rare US visit

An Iranian team of economic and cultural players is reportedly in the US to hold talks with their American peers and present Iran's capacities, said a member of Tehran Chamber of Commerce.

Gas exports to Europe not economical: Iranian official

Given a decline in gas prices in Europe, it is not economically feasible to export gas there at the moment, said Mohsen Ghamsari.

Iran, India ink deal on Chabahar Port

Defying US warnings, India has signed an agreement with Iran to develop a port in the southeastern province of Sistan-Baluchestan.

Iran, Algeria working to promote trade ties

Iranian and Algerian chambers of commerce are duty bound to encourage their private sectors to promote trade and embark on joint ventures, said Shafei.

Italy’s giant energy company ‘Eni’ eyes role in Iran

Officials from Eni conducted negotiations with the Iranian oil minister a few days ago on development of Iran’s joint fields, said Abdolreza Haji Hosseininejad.

Iran, Russia start using national currencies in banking transactions

The opening of a joint Iran-Russia bank account, presence of Russian banks in Iran and choosing a Russian bank for rial-based trade exchanges in Russia are some of the measures underway.

Peugeot to sign new contract with Iran Khodro

European manufacturers aim to return to the country if sanctions are eased under a proposed nuclear pact.

Supreme Leader: Domestic production key to solving economic woes

The Islamic Revolution leader has said that the country needs to rely on its domestic production if it wants to see its economic problems solved.

Iran, Russia ditch dollar, trade in ruble

Iran and Russia have started to use a mechanism which helps them ditch dollar and trade in ruble.

Iran’s dependence on oil hitting record low: Rouhani

President Rouhani has said that Iranians are equal before the law, adding all people, foreign tourists included, are protected by police and the law.

Iran sees growth even under sanctions

The governor of Iran's Central Bank has said that Iran’s economy is “on the right track”.

Iran welcomes promotion of ties with Japan: Rouhani

The Iranian president has said in a meeting with the Japanese premier that poverty and lack of development are the key roots of terrorism in the region.

Foreign partners are one main hidden asset for Iran

A senior presidential advisor has said that Iran needs to count on cooperation with foreign partners if it seeks to take an accelerated step toward globalization.

IMF forecasts Iranian economy to grow

An IMF report says that growth in the Islamic Republic of Iran is projected to be 0.6 percent in 2015 and 1.3 percent in 2016.

Iran, EU Banks in preliminary talks

An Iranian banking official says that once sanctions are lifted, the stage will be set to provide brokerage and international money transfer services for the imports and exports.

Tehran Stock Exchange rallies (PHOTOS)

A photo gallery that features a flurry of activity in Tehran Stock Exchange as a result efforts by the government of Prudence and Hope to put the economy back on track.

Iran’s annual foreign trade hits $102 billion

The volume of Iran's exports last year witnessed a 4.83 percent increase compared to a year earlier, and the value of exports jumped by 18.87 percent.

Tehran, Ankara sign eight cooperation documents

Rouhani and Erdogan underscored the necessity for further expansion of diplomatic and economic ties.

Iran Chamber of Commerce official expounds on pistachio production

Iranian and US pistachio output stood at the same level last year, but in the export market, Iran was in the lead, Asgaroladi said.

Rouhani: Country’s economy back on fast recovery track

President Rouhani said taking advantage of new technologies, absorbing investment and making use of experts are among top priorities of free trade zones.

Online shopping booming in Iran

To promote public trust in online shopping, the Ministry of Trade has given an electronic trust logo to reliable websites.

Economic woes have yet to go away: President Rouhani

President Rouhani stressed that some eight million people have been offered medical insurance over the last 12 months.

Energy cooperation with China ‘strategic’: Zanganeh

Countries which cooperated with Iran under sanctions will be given priority in post-sanctions era, said the oil minister.

Iran eyes tariff increase to boost production

By buying Iranian goods, people can contribute to improving the country’s per capita income, as well as employment, said Nematzadeh.

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