Saturday, 5 April , 2025
  • Iran’s Trade Position with Afghanistan Falls to Fifth Place 05 Apr 2025

    Iran’s Trade Position with Afghanistan Falls to Fifth Place

    TEHRAN - Iran has lost its former status as Afghanistan’s top trading partner, slipping to fifth place due to an imbalance in trade and growing frustration on the Afghan side over Iran’s lack of interest in Afghan goods. This is according to Alireza Khamehzar, head of the South Khorasan Chamber of Commerce, who emphasized the urgent need to revise Iran’s import regulations, especially regarding agricultural products from Afghanistan.

Iran welcomes Japanese companies; Rouhani says 22 Dec 2019

Iran welcomes Japanese companies; Rouhani says

TEHRAN (Iran News) – President Hassan Rouhani on Saturday called on Japanese companies to invest in Iran as he wrapped up his two-day state visit to Japan. Before leaving for Tehran, Rouhani held a meeting at a Tokyo hotel with Japanese business leaders, during which he criticized US sanctions and expressed hope for strengthening long-standing […]

Armenia Wants to Tighten Economic Ties with Iran 21 Dec 2019

Armenia Wants to Tighten Economic Ties with Iran

TEHRAN (Iran News)- Armenia’s Ambassador to Iran Artashes Toumanian in a meeting with Iranian Minister of Labor, Cooperatives and Social Welfare Mohammad Shariatmadari voiced Armenia willingness to broaden economic and trade ties with Iran. “My country, Armenia intends to develop economic ties with the Islamic Republic of Iran,” Toumanian said during the meeting in Tehran […]

CBI Poses against ‘Islamic Banking Plan’ 17 Dec 2019

CBI Poses against ‘Islamic Banking Plan’

TEHRAN (Iran News) – In an open Parliament session, Abdolnaser Hemmati, the Governor of the Central Bank of Iran (CBI) announced his disagreement about the Islamic Banking Plan, generalities of which was ratified by the Iranian Parliament members on Tuesday. “Under the conditions that the CBI is sanctioned, its structure must not be changed via […]

Budget bill for 1399 approved 17 Dec 2019

Budget bill for 1399 approved

TEHRAN (Iran News) – The Iranian parliament (Majlis)’s Planning and Budgeting Committee on Monday approved the 1.988 quadrillion rials (about $473.5 billion) national budget bill for 1399, the next Iranian calendar year, starting March 20, Shana reported, quoting a member of the committee as saying. According to Shahbaz Hassanpour, the committee will start assessing the […]

IKAC’s development gets Iranian investors 17 Dec 2019

IKAC’s development gets Iranian investors

TEHRAN (Iran News) – Managing director of Imam Khomeini Airport City said over 50 Iranian companies have registered to invest in the IKAC’s development as a free zone. Speaking on the sidelines of the 4th International Exhibition of Transportation, Logistics and Related Industries at Tehran’s Grand Mosalla on Monday, Rostami said, “There are many investment […]

Refinery projects can offset US oil sanctions 17 Dec 2019

Refinery projects can offset US oil sanctions

TEHRAN (Iran News) – Unilateral US sanctions imposed on Iran’s oil sector will fail to impact the domestic economy if the country completes the implementation of its major refinery projects and reduces its exports of crude oil through increasing production of petrochemicals, said an Iranian MP. Speaking to Iran Daily in an exclusive interview, Ali […]

Reducing Reliance on Oil Revenues by Boosting Handicrafts Industry 16 Dec 2019

Reducing Reliance on Oil Revenues by Boosting Handicrafts Industry

TEHRAN (Iran News) – Head of handicrafts, carpet and tourism committee of Iran Chamber of Cooperatives Mr. Abdollah Bahrami believes by a good and wise planning, carpets and handicrafts can replace oil sales revenues in the country and reduce reliance on oil revenues. Bahrami in a joint press conference with the managing director of Talfigh-e […]

Oil Minister Impeachment Cancelled 16 Dec 2019

Oil Minister Impeachment Cancelled

TEHRAN (Iran News) – The Iranian parliament has withdrawn a motion to impeach Oil Minister Bijan Namdar Zanganeh a month after he was accused of ignoring the will of the lawmakers before announcing a controversial fuel price hike. “Given negotiations (held between) lawmakers and the current situation of the country, the impeachment of oil minister […]

Iranian Handwoven Carpets Makes $30 millions in Export 16 Dec 2019

Iranian Handwoven Carpets Makes $30 millions in Export

TEHRAN (Iran News) – An official in Iranian Chamber of Cooperative put the export of handwoven carpets at $30 million in the first four months of the current Iranian calendar year (March 21 – July 22). Abdollah Bahrami, Chairman of the Committee on Carpet, Handicrafts, and Tourism of Iranian Chamber of Cooperative added that $420 […]

Metals exports to China surge by %150 16 Dec 2019

Metals exports to China surge by %150

TEHRAN (Iran News) – New evidence suggests that Iran’s exports of various metals and mining products to China have significantly increased this year amid government efforts to broaden its access to new sources of hard currency at a time of increased American pressure on the oil industry. Iran’s Ministry of Industry, Mine and Trade (MIMT) […]