TEHRAN – Over 80 percent of trade between Iran and Russia is now conducted in their national currencies, the rial and ruble, marking a major step toward financial independence and reduced reliance on third-party currencies, the head of the Russi... Read more
ECONOMIC IDEAL – TEHRAN, Oct. 20 (MNA) – The European Council today agreed on its negotiating position on the draft regulation to phase out imports of Russian natural gas. The regulation constitutes a central element of the EU’s REPo... Read more
ECONOMIC IDEAL – TEHRAN, Oct. 20 (MNA) – Pakistan has relaxed its rules for trade with Iran amid efforts to boost economic exchanges between the two neighboring countries. Reports on Sunday said that the Pakistani Ministry of Commerce had... Read more
TEHRAN – The Anzali Free Zone has recorded a 68 percent rise in domestic investment during the first year of the 14th government, marking a strong rebound in local investor confidence, according to the zone’s managing director, Mostafa Taati Mog... Read more
TEHRAN – Members of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) have called for urgent reforms to the country’s foreign exchange policies and greater fiscal relief for business owners in the upcoming Iranian calendar... Read more
TEHRAN – In a significant gesture underscoring the importance of Iran-South Korea relations, His Excellency Kim Junpyo, the Ambassador of the Republic of Korea to Iran, led a high-level delegation on a visit to the Tehran Times Newspaper and Meh... Read more
ECONOMIC IDEAL – TEHRAN, Oct. 19 (MNA) – Banks in Russia have started processing letters of credit (LCs) issued by Iranian banks amid growing trade and economic cooperation between the two countries. Central Bank of Iran’s deputy governor... Read more
TEHRAN- The governor-general of Isfahan, in a meeting with the ambassador of Vietnam in Tehran, informed about the plans of Isfahan’s entrepreneurs and industrialists to strengthen economic cooperation with Vietnam and stated: “Trade, indu... Read more
TEHRAN- The value of Iran’s sponge iron export rose 79 percent during the first half of the current Iranian calendar year (March 21-September 22), as compared to the same period of time in the past year, according to the Iranian Steel Producers... Read more
ECONOMIC IDEAL – TEHRAN, Oct. 19 (MNA) – Hamid Ghanbari, Iran’s Deputy Foreign Minister for Economic Diplomacy says his country has taken measures after the snapback of UN sanctions triggered by the three European powers. Speaking in... Read more
