Categories: Economy

CBI governor: Iran’s trade partners return in post-sanctions era

Governor of Central Bank Valiollah Seif underlined that Iran's trade partners have returned to business with Tehran in the post-sanctions era.

‘The upgrade of Iran’s status at an international level resulted in cooperation with the foreign trade partners in the post-sanctions era,’ Seif said in a Thursday meeting with US Secretary of Treasury Jack Lew in Washington.

‘Our goal is making full use of the huge trade, investment and financial capacities of Iran in its $1.4 trillion,’ he added.

Seif reiterated that the Central Bank of Iran has had considerable progress in restoration of stability to macro economy, improvement of budget management and strengthening the banking system and it has also been successful in improving the infrastructural reforms to increase job opportunities and reducing reliance of the country’s economy on oil.

Golrokh Askarieh

Recent Posts

Iran lifts Ban on WhatsApp, Google Play in a landmark decision

In a significant move towards greater digital accessibility, the Supreme Council of Cyberspace, chaired by…

4 seconds ago

One child gets killed every hour in Gaza: UN

The United Nations agency for Palestine refugees (UNRWA) has announced that 14,500 Palestinian children have…

3 hours ago

Several killed in blast at explosives factory in Turkey

At least 12 people were killed and three others wounded after a blast rocked an…

3 hours ago

Zelensky claims over 3k North Korean soldiers killed, wounded in Russia

The number of killed and injured North Korean soldiers fighting alongside Russian forces in Kursk…

3 hours ago

Iran Judiciary: No complains lodged against ex-FM Zarif over dual citizenship

The spokesperson for Iran’s Judiciary clarified that no complaints have been filed against former Foreign…

3 hours ago

Iran to unveil first AI-equipped oil well

The Iranian Vice President for Science, Technology and Knowledge-Based Economy has announced the inauguration of…

6 hours ago