Iran Economy

Tens of thousands of Iranians working at home appliance manufacturing companies have signed a petition, calling for a ban on imports of foreign products.

Iranian President Seyyed Ebrahim Raisi has called for a leap in the country’s non-oil exports.

Iran’s customs administration says the country recorded a trade surplus of $1.2bn in the previous Persian calendar month.

A member of the Iranian parliament’s presiding board has called on the government to prevent products of South Korean companies, which “betrayed us”, to easily return to the market.

The deputy chair of the Iranian parliament’s Article 90 Committee says they have lodged three complaints with the judiciary, against former President Hassan Rouhani.

Thousands of Iranians working in the country’s energy industry have gone on strike over the past week in protest at low wages.

Iranian President Hassan Rouhani says the US sanctions and its economic war on Iran coupled with the coronavirus pandemic have spelt numerous difficulties for the people of Iran over the past three and a half years, stressing that things would have been markedly different without them.

The Khabar Online news website has, in interviews with different experts, elaborated on possible measures that the next Iranian administration can adopt to address the current stagnation on various markets.

Iranian presidential contenders have set out their election pledges as they hit the campaign trail ahead of the June 18 vote.

The Iranian president says the country managed to tackle the coronavirus pandemic and boost its economy despite sanctions and economic pressure by the US.

Iranian Foreign Minister Mohammad Javad Zarif and a number of top exporters of goods and technical-engineering services have discussed foreign trade and export of such services in a meeting in Tehran.

Iran’s first vice president says the country’s economy is up and running, and the production and procurement of commodities are well underway thanks to efforts by importers and exporters.

A senior Iranian official says documents pertaining to the United States’ economic war against Iran should be collected for the generation to come so as to prove how Iran won with bare hands.

Iranian free trade zones absorbed some $158 million in foreign investment in the nine months to December 2020 depsite the US sanctions.

Iran and Iraq have signed a memorandum of understanding (MOU) on expansion of mutual economic cooperation.

Tehran has called on Ankara to find a way for Iran to tap into its assets with Turkish banks to purchase the commodities it needs directly from other countries through Turkish banks.

Spokesperson for the Iranian government has highlighted the country's success in handling the situation and protecting the economy from collapse under the pressure of sanctions although the economic war waged by the US has prevented Tehran’s access to $50 billion in assets.

Governor of the Central Bank of Iran Abdolnaser Hemmati says the economic growth rate in Iran has become positive, both with and without oil revenues.

Mahmoud Vaezi, the Chief of Staff of the Iranian president's office, has hailed Iran-Turkey relations as two friends and neighbours, calling for further development of economic cooperation between the two sides.

Iran and Qatar have reiterated their determination to further enhance their economic cooperation.

Iran’s economy minister says some $3.8 billion worth of foreign investment was funneled into the country from April to October, 2020.

Iran’s energy minister says the country can play a pivotal role in cementing cooperation among member states of the Eurasian Economic Union (EAEU).

President Hassan Rouhani has unveiled countrywide plans for a new round of restrictions to break the transmission of the coronavirus pandemic by categorizing more than 100 cities as red zones.

The Iranian government has introduced a new package to support the tourism businesses affected by the COVID-19 crisis, which includes deferments and bank loans.

Iran's President Hassan Rouhani has called for the promotion of economic and trade cooperation with neighbouring Turkey to mitigate the negative effects of the US sanctions and the outbreak of the coronavirus pandemic.