Tag Archives: Economy

Iran’s Minister of Industry Reza Rahmani announced that his country is planning to lower the imports of machinery and equipment used in major production lines. in a bid to further indigenize manufacturing capabilities in the face of the US sanctions.

The Supreme Council of Economic Coordination decided to extend the authority of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the foreign currency market.

Iranian Interior Minister Abdolreza Rahmani Fazli criticized the European countries for not following through with their economic commitments to Tehran.

The Plan and Budget Organization of Iran (PBO) announced that the country’s non-oil exports. including petrochemicals and condensates. exceeded $44 billion in the year ending March 2019. posting a 5.9% rise in comparison with figures from 2013.

Reza Ardakanian said that his country’s membership in the Eurasian Economic Union (EAEU) has brought in many advantage for Tehran. including tariff exemptions on 850 items of goods.

Iranian Ambassador to Dushanbe Mohammad Taqi Saberi expressed his country’s readiness and willingness for expanding bilateral ties with Tajikistan in areas of commerce and economy.

The deal. once approved. will make OVO the second largest energy supplier in the UK.

In exchange for access to their dissertation. the winner and runners up will win one day of mentoring with the Privilege Finance team and networking opportunities for 12 months.

Iran will give further momentum to privatization process with handing over authority over small ports to the private sector. in a bid to boost shipping activities to offset the impacts of US sanctions on trade. according to a senior maritime official.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that Iran’s foreign currencies market is stable in spite of the United States'. continued maximum pressure campaign.