Friday, April 12, 2024

Economy

Iran Asia trade soars amid West’s sanctions

Iran’s Asia exports rose nine percent to more than $5 billion in the two months to May 21.

Iranian president in Russia to attend BRICS, SCO summits

Iran’s President Hassan Rouhani is in Russia to participate in two major summits of BRICS and the Shanghai Cooperation Organization (SCO).

Iran, Tajikistan sign MoU to complete Anzob tunnel

Iran and Tajikistan have inked a deal to complete the Anzob tunnel, which connects the Tajik capital to the country's second largest city Khujand and is a transit route between Dushanbe and Tashkent.

Is $50 per barrel oil in the offing?

An increase in OPEC output, a hike in the number of American oil rigs and Iran's likely production increase contribute to the decline in oil prices.

Iran’s president to attend BRICS, SCO summits in Russia

President Rouhani is going to have a tight schedule during his two-day stay in the Russian city of Ufa.

Rouhani orders financial system reforms

Reforms are necessary to remove the obstacles in the way of the competitive industrial output and to enhance the efficiency of the overall financial structure, President Rouhani said.

Sanctions-hit Iran ports come back to life

International shipping lines are stepping up port calls to Iran as the country’s massive maritime trade sector is emerging from sanctions.

Report: Turkey in talks to buy Iran fuel oil

Turkey is discussing imports of fuel oil from Iran which is running a surplus of the product amid a decline in domestic consumption, local media said on Thursday.

Laylaz: Iran’s economy is not sanctionable (PART TWO)

If we had acted before the economy plunged into this crisis, sanctions would definitely have failed to bite.

Iran car imports down 51%

In total, 10,555 cars were imported in the first three months of the current year.

AIIB discourages poverty, promotes peace, stability: Economy chief

Tayyebnia said the important role of Asian states in global economy and impact of the bank on infrastructural development is evident.

Laylaz: Iran’s economy is not sanctionable (PART ONE)

Saeed Laylaz, an Iranian economist, says that mismanagement of the previous government has caused the country more losses than sanctions.

Iran building major port near Hormuz Strait

A multi-purpose port Iran is building near the Strait of Hormuz has absorbed 700 million euros in foreign investment. Officials say the new port can turn into one of the biggest and most discussed international ports in the world.

AIIB can be instrumental in Asian development projects: Economy minister

Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.

“Imposing pressure on negotiators unwise; people need peace of mind”

President Rouhani’s Chief of staff has said that the Iranian nation needs peace of mind and a thriving economy in which business will yield benefits.

Iran needs to get ready for the post-sanctions era

Iran’s standard chief says accreditation helps the country start doing business and rendering services on the same footing with its international counterparts.

Iran’s return to oil market gradual: Zanganeh

Zanganeh said oil market stability through balanced supply and demand will remain a priority for OPEC under all circumstances.

Stand your ground on gasoline decision

Sadegh Zibakalam has asked in a letter to the government spokesman to explain to people the positive results the government decision to raise gasoline prices will produce in the long run.

Envoy Describes Germany as Iran’s Biggest European Trade Partner

Germany is the biggest European partner of Iran in the field of economy, the German envoy said in a meeting with Khorasan Razavi governor general.

Rouhani says committed to liberating economy from foreign pressures

Government is committed to liberating the land of economy from the occupation of P5+1 and the UN Security Council through diplomacy, Rouhani noted.

False expectations about a price decline are aimed at harming government: Economist

Those who have made such predictions are either unaware of price trends or seek to exert pressure on the government.

Iran permits ‘unofficial’ US trade link

Unofficial connections could pave the way for establishment of joint chambers of commerce between Iran and America, said Gholamreza Shafei.

Iran to launch trade center in Iraq’s Kurdistan Region

The center should serve to provide a good understanding of Iraq's market, introduce Erbil's trade attractions to traders and support the Iranian industries that eye a share in the Iraqi city.

Iran, Oman launch new shipping route

Iran has inaugurated a new shipping route to Oman to help diversify its access to international export markets and to transport food items, agricultural products and perishable goods.

Iran’s strong presence in Expo Milano 2015

A photo gallery of the Iranian pavilion designed by Kamran Safamanesh at Expo Milano 2015.

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