Iran Economy

The Iranian president has instructed relevant authorities to set up a working group immediately to remove bureaucratic obstacles to trade and economic relations with neighbouring countries.

The Trade Promotion Organization of Iran is going to hold a forum in early October to weigh plans for boosting Iranian exports to the African nations, an official has announced.

In an Instagram post on Monday, Abdolnasser Hemmati pointed to the statistics for Iran’s economic growth in the first quarter of the current Iranian...

An Iranian top official says Tehran and Ankara are going to develop their cooperation in a wide range of business sectors, especially banking, as soon as possible.

Iranian President Hassan Rouhani has highlighted his administration’s success in boosting the export of non-oil products, the income from which has exceeded the value of imports for the first time over the past 60 years.

Iranian President Hassan Rouhani said while the novel coronavirus pandemic has slashed major economies in the world by up to 20 percent, Iran’s economy has contracted only by 3 percent.

Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei says the United States’ model of governance has proven “an utter failure,” and human values have taken the biggest hit in America.

Iranian President Hassan Rouhani says his administration has come up with a road map to economy for the final year of his tenure.

The Iranian president says sanctions have failed to keep Iran from moving ahead on the path to development and progress.

The Iranian president says the country is making progress on the economic front despite the pressure caused by sanctions and the Coronavirus pandemic.

Iranian companies producing medicinal herbs are exporting their products as they tap into the existing potential to further expand the industry.

The Iranian president says the country’s non-petroleum exports could touch $41 billion, which would be a surplus to domestic needs.

Iran’s First Vice President Es’haq Jahangiri has described a surge in the export of non-oil products as a top priority in the administration’s economic policy, calling on all governmental and private sectors to contribute to the promotion of non-oil exports.

At least 200 members of the Iranian parliament have signed a motion to question President Hassan Rouhani over his administration’s handling of economic woes and the national currency’s decline.

Iranian President Hassan Rouhani says an international psychological warfare and an unrealistic anxiety among the people are the reasons for the recent fall in the value of Iran’s national currency, rial.

The Iranian Cabinet has approved the final draft version of the Iran-China 25-year cooperation plan.

Some $17 billion worth of commodities were exported from Iran’s free trade zones and special economic zones in the one year to March 2020.

President of the Islamic Republic of Iran Hassan Rouhani says the outbreak of coronavirus has not brought economic activities in the country to a halt, describing the inauguration of new projects as a testimony to Iran’s unfaltering progress.

Iranian President Hassan Rouhani has highlighted his administration’s efforts to deal with the economic consequences of the coronavirus outbreak, pointing to schemes to protect the livelihood of people and prevent price hikes.

The Iranian president says the Tehran Stock Exchange has increased people’s contribution to the country's economy.

Iran’s President Hassan Rouhani says his government has been committed to combatting absolute poverty and will continue to do so.

Iran says the country’s top priority is to put aside the oil and just depend on non-oil revenues to handle the country’s economic issues.

Directives on issuing residence permits to foreign nationals making investment in Iran have been announced.

Iranian First Vice President Es’haq Jahangiri has called for plans to develop the infrastructures for digital economy in the country, highlighting the role that the Ministry of Information and Communications Technology plays in working towards that goal.

The Iranian president has instructed the caretaker of the Ministry of Industry, Mine and Trade to adopt the necessary measures to manage the market and support businesses amid COVID-19 pandemic.