Economy

The border crossing as the third trade gate between Iran and Turkey in Yuksek Avai in Hakkari Province will be more active compared to the past, said Turkish Customs and Trade Minister Bulent Tufenkci in the opening ceremony.He added that the crossing would expand the trade ties between the two …

APO’s 59th GBM is to be held in Tehran for 3 days starting April 10.According to Roya Tabatabaee Yazdi, director of the National Iranian Productivity Organization (NIPI), GBM is the supreme organ of the APO that is held annually in one of the member countries. She said that the attendees …

“In the time of imposed sanctions, the producers of handicrafts had lost the market in Europe, but with the sanctions being lifted, the way has been paved for the development of exports,” she said referring to increasing revenue of the exports of the handicrafts. The import of handicrafts and quasi-handicrafts …

He made the announcement while speaking in the inaugural ceremony of 18 development projects which were simultaneously inaugurated by the President through video conference in the capital city of the north central province of Semnan.“Non-oil goods exports was about 43.9 billion dollars last year while it stood at 43.6 billion …

President Rouhani arrived in Semnan earlier on Thursday along with a number of his cabinet members.The projects were made with a budget about 12,000bn Rials (over $ 370m) in line with the government's policy to create jobs and increase domestic production as was stressed in the message sent by Supreme …

Speaking to reporters, Seif said that the country’s economic growth rate is projected to remain above 11% by the end of the year. Reining in soaring inflation and improving economic growth rate has been top on the agenda of President Hassan Rouhani since he took office in August 2013. 9341**2050 …

“Using language of threats is not appropriate,” Zangeneh said, responding a question after a government cabinet meeting on Wednesday on India’s recent threats concerning stopping oil imports from Iran.Negotiations should be conducted under reasonable conditions, the petroleum minister said.“We cannot enter deals under threats,” Zangeneh said.India is one of the …

Speaking to IRNA, he described the performance of the economic team of the 11th government as positive and ruled out negative points targetting the government. Propaganda campaign is not something new and after taking the office of the 11th government, the right wing (moderate) focused on it and that is …

According to Saderat Bank website, following regular and effective diplomatic, legal and banking pursuits by directors of relevant sectors and after the implementation of the Joint Comprehensive Plan of Action (JCPOA), French Central Bank officially declared removal of restrictions imposed upon the Iranian bank in the French capital, making it …

Manouchehri said Iran needs $ 10 billion for development of offshore oil fields.He said annually, about eight to $ 10 billion should be invested in the offshore oil fields. He added that South Pars development led to economic growth, growing welfare, technological advancement and upgrading of working standards of Iranian …