Economy

Iran’s foreign debts down 9.7 percent

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

Enhancement of Iran, Italy Economic Ties Discussed

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.

Sanctions are not to blame for a rise in unemployment

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

Iran’s 3-month carpet exports rise 23%

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.

Iran sanctions cost US economy $175bn: NIAC

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.

Iran’s Bushehr Province, Qatar Become Economic Partners

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

Final nuclear deal to spur Iran economy: CBI official

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.

Rouhani: government committed to curb inflation

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

Azerbaijan Planning to Promote IT Cooperation with Iran

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).

Iran’s Economy Minister in Kazakhstan to Attend 4th ECO Ministerial Meeting

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-Russia propose to establish joint financial firm

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

Iran Exporting Tractors to 13 Countries

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

Envoy: Iran-Turkey trade ceiling set at $16bn

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 Exports over $314mln Worth of Hand-Woven Carpets in One Year

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

Iran, Afghanistan economic ministers meet at World Bank Spring meeting

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

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