Iran to reassess FATF bill at Expediency Council, says Pezeshkian
Iranian authorities will once again review the Financial Action Task Force (FATF) bill at the Expediency Council, President Masoud Pezeshkian announced in response to concerns raised by members of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) regarding obstacles for economic actors.
Opportunity for 2.5-Fold Growth in Trade with the Eurasian Union
TEHRAN - The head of Iran’s Trade Promotion Organization (TPO), Mohammad Ali Dehghan Dehnavi, announced that a preferential trade agreement between Iran and the Eurasian Economic Union (EAEU) over the past five years has paved the way for a 2.5-fold increase in trade with member countries.
Iran appoints new representative to OPEC
Iranian Oil Minister Mohsen Paknejad has appointed Ali Mohammad Mousavi as Iran’s governor to the Organization of the Petroleum Exporting Countries (OPEC).
$80b Expected to Be Transacted in Commercial Currency Market
TEHRAN - The Governor of the Central Bank of Iran announced that transitioning all official foreign exchange needs to the commercial currency market is feasible. He estimated that with the launch of the commercial forex system, nearly $70 to $80 billion in transactions could take place in this market annually.
Iran’s Absence from Japan Expo Sparks Debate in Private Sector
TEHRAN - Following the government's announcement to withdraw from participating in the Japan Expo, members of the Iran-Japan Chamber of Commerce convened a meeting to discuss the implications and explore the possibility of private-sector involvement in the event.
Minister highlights Iran’s EAEU observer membership
Iran’s Minister of Industry, Mining, and Trade Mohammad Atabak has stressed the significance of Iran’s observer membership in the Eurasian Economic Union (EAEU) following discussions held in Saint Petersburg during the Supreme Economic Council of the Union.
Iran in postal coop. with Russia, plans expansion to regional countries: Official
The managing director of Iran’s National Post Company has said that the country began experimental postal cooperation with Russia two months ago.
Iran-Eurasia Trade Sees 20% Growth in Nine Months
TEHRAN - The President of the Iranian Confederation of Exports announced a significant 20% growth in Iran’s trade with Eurasian countries over the past nine months. This development follows Iran's observer membership in the Eurasian Economic Union (EAEU), a step aimed at strengthening economic ties in the region.
Iran’s non-oil exports reach $43.14 billion in nine months
Iran's non-oil exports reached $43.14 billion in the first nine months of the current Iranian calendar year, marking an 18% increase compared to the same period last year, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
Asian Countries Aim to Establish Regional Aviation Regulations
TEHRAN - The head of Iran's Civil Aviation Organization announced efforts by Asian countries to establish unified aviation regulations for the region, aiming to end the dominance of the United States and Europe in this field.