Economy

He made the remarks during visit of Yazd province Investment Service Center.Scholz said the aim of his visit to Iran's provinces is to show determination by the EU and Austria to continue cooperation with Iran, adding that given to implementation of the JCPOA content by Iran, they deserve to use …

Iraqi banks also stressed banning exchanges based on dollar with Iran.Having Euro transactions is based on the requirements made by the European central bank and all those banks working with Euro. Although the directive does not explicitly mention the allowance of cooperation with the Iranian banks based on Euro, its …

China works with Iran, like it did in the past, in the economic and trade fields, Gao Feng, spokesman for China's Ministry of Commerce, told Islamic Republic News Agency (IRNA).As Feng said, the US May 8 exit from the landmark Iran Deal, formally known as the Joint Comprehensive Plan of …

“For a long time, China and Iran have had open, transparent and normal commercial cooperation in the fields of business, trade and energy, which is reasonable, fair and lawful,” China Foreign Ministry said in a statement on Friday.“This does not violate United Nations Security Council resolutions or China’s promised international …

Surely, Iran can fight off the challenge of sanctions by regulating the government's financial behavior, resisting the excessive demands and taking decisive action against corruption, Iranian Minister of Economic Affairs and Finance (MEAF) Masoud Karbasian said in a message.The official referred to President Hassan Rouhani's recent remarks in the state …

'As oil sanctions against Iran take effect, perhaps in combination with production problems elsewhere, maintaining global supply might be very challenging and would come at the expense of maintaining an adequate spare capacity cushion,' The IEA's latest report read.Iran and the five permanent members of the UN Security Council (the …

While addressing a gathering in Lahore he said that Iran is fully abiding by the nuclear deal, so re-imposition of sanctions by the US against the Islamic Republic is an unjustified move. Iran and the five permanent members of the UN Security Council (the US, France, Britain, China, and Russia) …

The Americans have also threatened to cut business ties with any country trading with Iran. It is reported that the two major French car groups, PSA Peugeot Citroen and Renault, have already been affected. Peugeot Citroen sold 445,000 cars in Iran last year, and now has to suspend its operations …

Senior officials at the Energy Ministry on condition of anonymity told media that the energy ministry has negated the tall claim made by the caretaker Minister for Maritime Affairs and Foreign Affairs, Abdullah Hussain Haroon that the US energy giant is ‘close to discovering’ oil reserves bigger than Kuwait in …

Talking to the US acting Ambassador to Pakistan John F. Hoover, who called on him at his residence, Imran Khan said Pakistan and the US had witnessed many ups and downs in their relationship, which were the outcome of trust deficit between the two countries.He said, “Our government will engage …