Latest Business News in Iran – News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.
Iran’s Economy Minister Ehsan Khandouzi says Iran and Iraq reached good agreements on ways to remove the obstacles hindering economic cooperation between the two neighbors during his recent visit to Baghdad.
Iranian President Ebrahim Raisi has said the signing of MoU’s in different fields by Iran and Belarus shows that Tehran and Minsk are resolved to expand their ties in all spheres.
Iran and Belarus have signed a roadmap for comprehensive cooperation as well as seven other cooperation agreements during a visit to Tehran by Belarusian President Alexander Lukashenko.
Iranian Oil Minister Javad Owji said the country’s oil exports reached the highest level in four years including in the current Persian calendar year which will end on March 20.
An Iranian official says the US has allowed Iraq to released Iranian assets worth $500 million, as the two neighbors make efforts to boost economic and energy cooperation despite American sanctions.
Tehran’s Embassy in Caracas says a direct shipping line connecting Iran to Venezuela was launch last month with the goal of supporting the trade ties between the economic sectors of the two countries.
An Iranian member of parliament has issued a stark warning about the rising inflation in the country. Kazem Delkhosh Abatari said people are becoming weaker and weaker as a result of soaring prices.
An Iranian lawmaker has urged the Foreign Ministry to play a more active role in the case of Iran’s possible accession to the Financial Action Task Force (FATF).
An outspoken Iranian daily accuses China of giving empty promises to Tehran in bilateral deals on trade cooperation, urging Iranian officials not to pin their hopes on Beijing in their efforts to improve the country’s economic situation.
A senior Iranian official says Iran and China plan to launch a Green Customs Corridor aimed at facilitating growing trade between the two strategic partners.
Iran’s ATA Airlines offers an apology and an explanation over a problem that delayed a Najaf-Tehran flight, dismissing rumors about an explosion prior to take-off or the plane’s deviation from the runway.
An economic expert highlights a significant rise in Iran’s inflation under President Ebrahim Raisi, saying the first 10 months of the current Persian calendar year marked the peak of the country’s inflation in over seven decades.
Iran’s Customs Administration says the ten month exports of non-oil products in the country has hit 45.3 billion dollars, which is a 17.66 percent rise in terms of value compared to the same period of the previous year.
Uzbekistan’s President Shavkat Mirziyoyev has called for the formation of a joint committee by the Foreign Ministries of Iran and Uzbekistan in order to draw up a road map for economic cooperation between the two countries.
Secretary of the Supreme National Security Council of Iran Rear Admiral Ali Shamkhani has underlined the need to speed up the implementation of joint economic projects with Russia, which were earlier agreed by the presidents of the two countries.
Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite US sanctions, according to companies that track the flows.
A delegation of the Islamic Republic of Iran headed by Deputy Foreign Minister for Economic Diplomacy Mehdi Safari is in the United Arab Emirates to explore ways of boosting bilateral economic ties.
An Iranian economic expert says the country has resumed sales to Saudi Arabia despite troubled ties between the two neighbors, with the value of exports to kingdom having reached around $15 million in seven months.
A center at Iran’s Ministry of Economic Affairs and Finance says there are no plans for the country to join the Financial Action Task Force, or FATF, the global organization that fights money laundering.
