The President of the Islamic Republic of Iran Customs Administration (IRICA) Mehdi Mir-Ashrafi put the trade balance of the country in the eight months of the current year (from March 21 to Nov. 22) at minus $1.3 billion.

TEHRAN (Iran News) – IRGC Chief Major General Hossein Salami said on Wednesday that “we are trying to turn ‘economic resistance’ into ‘resistance economy’ to reverse the trend of the US sanctions.” “Foreign companies’ leaving Iran gave us a chance to indigenize technology and now they [enemies] see our independence,” he said. He added that […]

TEHRAN (Iran News) – Head of Iraq’s Media Development Center Adnan al-Siraj said that the US has increasingly pressured Iraq to darken relations with Iran, and blasted Washington for treating Iraq as a US colony. “The US administration, including the president, foreign ministry and its embassy in Baghdad, has pressured Iraq” to darken ties with […]

TEHRAN (Iran News) – The number of foreign tourists visiting Iran’s Kohgiluyeh and Boyer-Ahmad Province rose by about 33 percent in the first eight months of the current Iranian year (started March 21, 2019), compared to the preceding period, the top provincial tourism official said. The provincial head of Cultural Heritage, Handicrafts and Tourism Department, […]

TEHRAN (Iran News) – Iran’s petrochemical exports have increased 1.5 times over the past six years in view of the completion of a number of projects within the same time span. This has helped Iran improve its status in international petrochemical markets, raise its exports of raw materials and boost production of downstream products, according […]

TEHRAN (Iran News) – The vice-speaker of the Iranian Parliament said on Tuesday that one of the best ways to overcome the consequences of the U.S. sanctions is trusting on the country’s talents. Addressing an open session of Majlis, Masoud Pezeshkian said, “This is very important to pay due attention to scientists and science-based companies.” […]

TEHRAN (Iran News) – Iran’s customs office announced on Tuesday that Iran’s non-oil exports had a 16 percent increase in terms of weight in the past eight months compared with the corresponding period last year, showing a steady rise in resistance against the US economic sanctions. More than 88,000 tons of commodities worth $27 billion has […]

TEHRAN (Iran News) – The main index at Tehran Stock Exchange (TSE), Iran’s chief bourse, has risen to a record high, despite a recent surge in the prices of foreign exchange, which could have caused a fall in share investments. It said the price index, TEPIX, had also rallied by 1,737 to stand at 102,799 […]

TEHRAN (Iran News) – There is no serious shortage of medicine or medical equipment in Iran, Minister of Health Saeed Namaki said. Speaking to reporters on Monday, the health minister said Iran has not faced any severe shortage of medicine although the enemies have waged an economic war against the country. The medicine shortage at […]

TEHRAN (Iran News) – The governor of the Central Bank of Iran (CBI) says prices of foreign currencies, forex, will return to normal levels in the very near future despite growing speculations that have affected the market over the past days. Abdolnasser Hemmati said on Monday that prices in the forex market had surged over […]