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Iran cuts imports bill by $10bn amid growth in manufacturing
Mar 25, 2021 00:38Ministry of Industry, Mine and Trade Alireza Razm Hosseini on Wednesday said that Iran has slashed its imports bill last calendar year by some $10 billion, as this achievement was made possible by considerable growth in the manufacturing sector.
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India in talks with Iran to use reserves for sugar exports
Mar 24, 2021 09:54India’s Foreign Ministry has been involved in negotiations with Iran to persuade the country to use its hard currency reserves in Indian banks for purchases of sugar and other agricultural commodities from Indian exporters.
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Foreign investment in Iran’s bourse nearly doubled in year to March
Mar 24, 2021 00:47Iran has seen an increasing presence of foreign investors in its stock market as investment by foreign individuals and entities nearly doubled in the Tehran Stock Exchange (TSE) and its subsidiary markets in the year to late March.
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IRGC vows efforts to rid Iran of repercussions of cruel sanctions
Mar 23, 2021 13:40The chief commander of Islamic Revolution Guards Corps (IRGC) has pledged efforts to defeat the enemies’ strategy of economic pressure and rid the country of the consequences of cruel sanctions.
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Parliament think tank urges Iran to keep up work on countering sanctions
Mar 23, 2021 13:34Top policy-making think tank has issued a report recommending the government to carry on with works to counter illegal US sanctions in the upcoming years, saying there is a very low chance that Washington would practically lift the bans in the near future.
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Leader: Sanctions, economic blockade crime against countries, have nothing to do with diplomacy
Mar 21, 2021 10:16Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said sanctions and economic blockade imposed on various countries by certain world powers are criminal acts, which have nothing to do with diplomacy and real politics.
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Iran’s price index rises in final month of year to March
Mar 22, 2021 00:17The Statistical Center of Iran (SCI) has released latest monthly data on consumer prices in the country, saying inflation rose to 36.4 percent in the final month of the last calendar year which ended on March 20.
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President orders coordination to back production in New Year
Mar 21, 2021 11:35President Hassan Rouhani directed the administrative organizations to work in maximum coordination for the materialization of the new Iranian year’s goal of supporting domestic production and removing obstacles.
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Iran eyes to nearly double exports to Africa in 3 years
Mar 21, 2021 03:06Iran has earmarked a special fund to strengthen exports to African countries as it seeks to nearly double shipments to the region to $1.1 billion a year by March 2024.
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Iran eager to boost economic ties with Croatia: Envoy
Mar 19, 2021 12:06Iran’s ambassador to Zagreb expressed the country’s willingness to broaden economic cooperation with Croatia considering the two nations’ close political and cultural relations.