ECONOMY

Tags - ECONOMY
The volume of Iran’s non-oil goods exported to Pakistan in the first 8 months of the current Iranian calendar year (March 21- November 22) has registered a 58% increase in comparison with the same period last year, reaching a total sum of $860 million worth of commodity.
News ID: 2892   Publish Date : 2018/12/12

First Vice-President Eshaq Jahangiri is slated to attend the opening ceremony of the largest desalination facility of Iran, with the total capacity of 100,000 cubic meters/day, in Hormozgan province’s capital city of Bandar Abbas on Wednesday.
News ID: 2890   Publish Date : 2018/12/11

European Union Foreign Policy Chief Federica Mogherini announced that the EU will establish a mechanism to facilitate non-dollar transactions with Iran in the near future in a bid to bypass the sanctions imposed by the United States against Tehran.
News ID: 2888   Publish Date : 2018/12/11

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced on Tuesday that the country has launched mutual financial channels with a number of world states for money transactions to confront the US sanctions.
News ID: 2887   Publish Date : 2018/12/11

A senior Iranian lawmaker criticized the European parties to the 2015 nuclear deal and said they are not determined to create the Special Purpose Vehicle (SPV), the mechanism aimed at facilitating trade with Iran in the US sanctions era.
News ID: 2870   Publish Date : 2018/12/10

Chairmen of the Iranian and Russian chambers of commerce, in a meeting in Tehran, agreed to cooperate on annual Iran-Russia trade conference, urging the governments in Tehran and Moscow to extend backing to the private sectors in the climate of sanctions.
News ID: 2868   Publish Date : 2018/12/09

Iran recently witnessed second wave of economic sanctions from US which targeted Banking, Insurance and Shipping industry of Iran.
News ID: 2849   Publish Date : 2018/12/08

The European Union is going to just use the euro in the financial transactions of all European oil deals with other countries, Iranian Vice-President Ali Akbar Salehi broke the news, affirming that the bloc will ditch US dollar in its all oil contracts.
News ID: 2842   Publish Date : 2018/12/08

Iraqi Trade Minister Mohammad Hashim al-Ani in a Wednesday meeting with Iran’s Ambassador to Baghdad Iraj Masjedi expressed hope that Tehran and Baghdad would boost their trade and economic relations, reaffirming the Iraqi government’s commitment to develop trade with Iran.
News ID: 2818   Publish Date : 2018/12/06

Official figures show Iran had a trade surplus of $2 billion in the first eight months of the current Iranian year (March 21, 2018-November 22, 2018) despite the re-imposition of sanctions by the US against Tehran.
News ID: 2808   Publish Date : 2018/12/04

Iran exported around $715 million worth of clothing and garments to foreign countries during the first seven months of the current Iranian year (March 21- Oct. 21), marking a 28% growth in comparison with the corresponding period of last year.
News ID: 2807   Publish Date : 2018/12/04

Iranian Foreign Minister Mohamamd Javad Zarif rejected Reuters' claim that the European countries may exclude his country's crude revenues from the Special Purpose Vehicle (SPV) mechanism which was promised by them to Tehran back in September.
News ID: 2804   Publish Date : 2018/12/04

South Korean Ambassador to Tehran Yo Jang Hyan said on Saturday that Seoul is determined to develop economic and trade cooperation with Tehran, reassuring that Korean firms will continue their activities in Iran.
News ID: 2784   Publish Date : 2018/12/02

A German court ordered Deutsche Telekom to reactivate phone and internet services for Bank Melli Iran-Hamburg Branch.
News ID: 2771   Publish Date : 2018/12/01

Austrian Ambassador to Tehran Stefan Scholz stressed the European states' intense efforts to implement the Special Purpose Vehicle (SPV) mechanism which was promised by them to Iran back in September.
News ID: 2770   Publish Date : 2018/12/01

Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi underlined the need for the European states to adopt rapid measures to implement the Special Purpose Vehicle (SPV) which was promised by them back in September.
News ID: 2758   Publish Date : 2018/11/30

The head of Iran-China Joint Chamber of Commerce said the hurdles in banking transactions between Tehran and Beijing have been cleared.
News ID: 2755   Publish Date : 2018/11/30

France and Germany may host the European Union’s payment system, Special Purpose Vehicle (SPV), to allow businesses to continue trading with the Islamic Republic in the US sanctions era, a report said.
News ID: 2724   Publish Date : 2018/11/27

The Central Bank of Iran (CBI) announced that foreign banks can apply for a license to establish their branches in Iran with at least 5 million euros in capital.
News ID: 2708   Publish Date : 2018/11/25

Iran’s Bank Melli vehemently dismissed as unfounded a report that the bank has seen its German branch disconnected from phone and internet services under pressure of US sanctions.
News ID: 2700   Publish Date : 2018/11/24