Economy

Swedish commercial attaché holds talks with a senior Iranian Chamber of Commerce official to explore avenues of forging closer economic ties.

Iran’s chamber of commerce taps into foreign experience to promote business.

Iran and Spain take steps toward establishing closer private-sector cooperation.

Iran and Russia have agreed to use national currencies in bilateral trade.

The value of bilateral trade between the Islamic Republic of Iran and Russia can rise more than tenfold, Iranian Oil Minister Bijan Namdar Zanganeh says.

Representatives from more than 20 Czech business companies plan to visit Iran in mid-September.

The government has its sights on the extensive promotion of Iranian carpets across the world to help the industry reclaim its past glory.

The Trade Development Organization says the country’s non-oil exports have posted double-digit growth.

Iran’s foreign debts decline almost 10 percent in a year.

Senior Iranian and Italian trade officials explored new avenues for paving the way for the promotion of cooperation in various fields, specially in agricultural and railway sectors.

Economists blame wrong policies rather than sanctions for Iran’s unemployment crisis.

Iran exported 1000 tons of hand-made carpets in spring 2014, a 23 percent growth in weight compared to spring 2013, the acting director of Iran's National Carpet Center said on Wednesday.

The US sanctions against Iran have cost Washington as much as USD 175 billion dollars in losses for not doing business with the Islamic Republic, a Washington-based think-tank has found.

Qatar and Iran's southern province of Bushehr penned an agreement for economic cooperation.

A senior Iranian banking official forecasts a six-percent economic growth for Iran in case Tehran and six world powers reach a final accord on the Islamic Republic’s nuclear program.

Iran’s Hassan Rouhani is in Khorramabad visiting the general public; says government is committed to curb inflation.

Azerbaijan’s Communications and Advanced Technologies Minister Ali Abbasov plans to pay an official visit to Tehran in the second half of June to promote Tehran-Baku ties in various fields of communications and information Technology (IT).

Iranian Economy Minister Ali Tayyebnia left Tehran for Kazakhstan to attend the Fourth Ministerial meeting of the Economy Cooperation Organization (ECO) in the central Asian country.

Iran’s ambassador to Moscow and Russian deputy-minister of finance have proposed establishment of a joint financial firm.

Managing director of Iran Tractor Manufacturing Company (ITMCO) said the country sells different models of tractors to various countries around the world.

Iranˈs Ambassador to Ankara Ali-Reza Bigdeli said on Monday that the Iran-Turkey trade ceiling is set at about $16 billion for the current Iranian calendar year of 1393 (starting on March 21).

Iran exported $314.8mln worth of hand-woven carpets in the last Iranian year (March 20, 2013-March 20, 2014).

Iran’s economic minister and his Afghan counterpart have met on the sidelines of World Bank Spring meeting.