Economy

Between 2010 and 2015 the US sanctions on Iran cost the world $ 77b, wrote Bloomberg. Eight out of 10 countries that suffered most due to sanctions on Iran are European ones. Just German and France, the first and second on the list, lost 7.67 and 6.35 billion dollars, respectively, …

There are dramatic differences between terrorist groups like Daesh (ISIS) that was created by the US and the armed groups that are defending their country's sovereignty, Chairman of Parliament (Majlis) National Security and Foreign Policy Commission Alaeddin Boroujerdi said.Boroujerdi made the remarks in a National Security and Foreign Policy Commission …

According to Russian media Tass, Chemezov made the remarks Saturday on the sidelines of St. Petersburg meeting held in Russia.Using Russian equipment has been planned in this project, he said.Four 350-MW blocks will be constructed in Hormuzgan plant and will produce 1400 MW power, he added.Iran and Russia signed agreement …

According to the latest report released by the Organization for Development and Renovation of Mining and Mining Industries of Iran (IMIDRO) based on World Steel Association (WSA), Iran produced over 6,369 million tons of steel in 2017.In a meantime, 64 steelmaker countries have produced 575.155 million tons of steel during …

“Iran is a member of the IMF, and as with all our members, the IMF will continue to work with Governor Seif and the central bank, consistent with the IMF’s Articles of Agreement,' IMF's Communications Department announced in a response letter to CBI which has asked the international financial body …

“Japanese oil refiners will likely take a few months to decide policy on Iranian crude purchases in response to US sanctions,” Reuters quoted Tsukioka as saying on Friday.“Japanese refiners are gathering information and have not yet held talks with the Japanese or U.S. government,” he added.Policy on import curbs will …

Following Iranian officials' talks with officials of Kurdistan Region and Iraq's central government it was decided that Sheikh Saleh border market in Kermanshah province restart its trade activities.He said that this morning several trucks carrying goods drove into Iraq from this border crossing after several months of closure.Sheikh Saleh and …

The theme of the three-day SPIEF meeting in which delegations from 140 world countries have taken part is ‘Creating an Economy of Trust.’This year's SPIEF is to discuss important international social and economic challenges, the situation of the Middle East, the regional crises, the future of the world and the …

Statistics suggest that Iran was the 21th and the 28th biggest importer of commodities from Sweden in 2003 and 2004 respectively. Over the past few years, the imposition of sanctions on the Iranian economy has affected the trade exchanges between Iran and Sweden reducing it from $ 1.1 billion to …

Ireland's exports to Iran in 2017 amounted to 143.218 million euro up from 71.845 million euro in 2016, the Islamic Republic News Agency (IRNA) reported from London.In the same period, Iran's exports to Ireland increased two folds to reach 3.510 million euro from 1.629 million euro registered in 2016.Major Irish …