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 oil minister has dismissed the US policy of imposing maximum pressure to halt Iran’s oil exports as a failed strategy, asserting that reducing Iran’s oil exports to zero is an unattainable goal.
Iranian President Masoud Pezeshkian has stated that members of the Organization of the Petroleum Exporting Countries (OPEC) need to stay away from political games and remain united to foil threats of sanctions by the United States.
Iran’s Oil Minister Mohsen Paknejad has stated that oil exports from the country have reached a new record high despite a continued regime of US sanctions that seeks to cut Tehran’s oil exports to zero.
The Governor of the Central Bank of Iran, Mohammadreza Farzin, announced on Wednesday a significant increase in the country’s non-oil exports over the past 10 months.
The Iranian government spokesperson addressed the issue of Iran's adherence to the Financial Action Task Force (FATF) regulations, stressing the need for Iran to demonstrate that it does not engage with global terrorist groups and pave the way to improve the economic situation.
Iran plans to combat fuel smuggling through a new smart monitoring system, CEO of the National Iranian Oil Refining and Distribution Company (NIORDC), Mohammad Sadegh Azimi-Far, has announced.
Iran's non-oil exports have shown a significant increase, reaching $47.8 billion over the first ten months of the current fiscal year. That’s According to Iran’s Minister of Economy Abdolnasser Hemmati.
Iran’s Minister of Economic Affairs and Finance has stated that Tehran is not afraid of a potential new round of “maximum pressure” under US President Donald Trump, stressing plans are in place to cope with any eventualities.
A former Iranian representative to the OPEC Board of Governors, emphasized the need for Iran to pursue new trade opportunities with countries threatened by the US, rather than solely relying on nuclear negotiations for economic relief.
Iranian Foreign Minister Seyed Abbas Araghchi has announced that the comprehensive strategic partnership signed on Friday between Iran and Russia is primarily economic in nature.
The Iranian executive vice president says that the government is persistently pursuing the approval of the Financial Action Task Force (FATF), which will significantly reduce the pressures resulting from sanctions.
A former deputy governor of the Central Bank of Iran has pointed out that China closed Iran's bank accounts due to Tehran's non-compliance with the Financial Action Task Force (FATF).
Iran's President Masoud Pezeshkian and his Tajik counterpart, Emomali Rahmon, have expressed hope for the reinforcement of relations between the two countries, as they oversee the inking of almost two dozen memoranda of understanding (MoUs).
The head of the Iranian government's Information Council has announced that joining to the Financial Action Task Force (FATF) is once again on the agenda to facilitate smoother international relations.
Iranian Oil Minister Mohsen Paknejad has stated that the Islamic Republic is planning to invest up to $120 billion in petroleum projects as the country seeks to increase its oil and gas production to respond to a rising demand for energy.
An Iranian official has stated that a move by Ukraine, Canada, the UK, and Switzerland to refer the case of the Ukrainian plane crash over Tehran's sky to the council of the International Civil Aviation Organization (ICAO) lacks legal justification.
The value of Iran's foreign trade with the Eurasian Economic Union (EAEU) countries reached $2.7bn billion from the start of the Persian year (beginning on March 20, 2024), according to Foroud Asgari, the head of Iran's Customs Administration.
The head of Iran's Export Confederation, has stressed the critical importance of Iran joining the Financial Action Task Force (FATF) for the development and strengthening of foreign trade.
A member of the Motalefeh Party in Iran has said the country needs to reconsider its views regarding the acceptance of the FATF (Financial Action Task Force) regulations that are aimed at fighting money laundering at an international level.
