Tag: Economy
Iran expands trade footprint with 7 new commercial attachés
TEHRAN- Akbar Godari in Oman, Reza Bagherifard in Afghanistan, Mahmoud Eskandari in Belarus, Mohsen Montazeri in Malaysia, Seif-Ali Zarbi in Russia, Dariush Vossoughi in Turkey, and Mojtaba Moulaei Moein in India have been introduced as Iran’s commercial attachés to begin operations in target markets.
Iran pushes for local currencies, alternative payment systems to counter sanctions in BRICS summit
TEHRAN- The Minister of Economic Affairs and Finance, referring to the holding of the Second Meeting of Economy Ministers and Central Bank Governors of BRICS member countries, said: “The use of local currencies, the development of payment systems and domestic financial messengers, and increased economic coordination among BRICS members were among the most important topics…
Sanctions are pressure tool, can’t form Iran’s fate
TEHRAN, Sep. 11 (MNA) – Iran’s central bank governor said that sanctions are a tool of pressure, not a means of determining Iran’s fate, describing what the US has done so far as an attempt to inflame expectations and cause temporary market effects.
TCCIMA trade delegation departs for New Delhi to attend BRICS business council meetings
TEHRAN- A trade delegation from the Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA), led by Feryal Mostofi, Vice President, along with Shahab Javanmardi and Abbas Argon, other members of the chamber’s board of directors, has departed for India to participate in the BRICS Business Council meetings and its specialized working groups.
‘Iran-Iraq trade capacity can rise to $20b’
TEHRAN- The head of the Iran-Iraq Joint Chamber of Commerce, emphasizing the need to create new momentum in the economic relations between the two countries, stated that there is capacity for Iran-Iraq trade to reach $20 billion, and that by resolving some domestic and foreign obstacles, this goal can be achieved.
Iran pushes for accelerated trade with Eurasia as minister wraps up Moscow visit
TEHRAN- Iran’s Minister of Economic Affairs and Finance, offering a positive assessment of the results of his Tuesday meetings with officials of the Eurasian Economic Union (EAEU), announced the proposal of initiatives such as setting a base currency to accelerate transactions and appointing special representatives to resolve obstacles facing bilateral trade.
Strategic folly of Iran war: a global economic catastrophe
TEHRAN- The recent war waged by the United States and Israel against Iran has been a catastrophic miscalculation, inflicting severe and likely irreversible damage on the global economy. While Americans grapple with soaring gas prices and inflation, the deeper, more systemic impacts of this conflict expose the reckless shortsightedness of U.S. policy in West Asia.
Iran, Russia finalise pacts to counter US economic blockade
TEHRAN, Sep. 09 (MNA) – Iran’s economy minister said that major contracts and new agreements on financial interaction, labour and employment have been finalised with Russia as Tehran works to counter the economic blockade.
Iran, Iraq enjoy high capacity to boost annual trade by $20bn
TEHRAN, Sep. 09 (MNA) – Emphasizing the need to create new momentum in economic ties between Iran and Iraq, the chairman of Iran-Iraq Joint Chamber of Commerce says the duo countries have high capacity to increase annual trade by $20 billion.
US attacks Iranian oil tanker near Kharg island
TEHRAN, Sep. 08 (MNA) – A small Iranian oil tanker was targeted by the United States military in the waters surrounding the Kharg Island in the Persian Gulf, local Iranian media said on Tuesday evening.