Iran economy
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Iranian official urges formation of consortium to facilitate export of goods to Russia
Moscow, IRNA — Iranian Deputy Minister of Industry, Mining, and Trade Farshad Moghimi has called for the creation of a consortium in a bid to facilitate exporting commodities to Russia.
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Iran 12th largest producer of shoes in world: Official
Tehran, IRNA - Iran is the 12th largest producer of various types of shoes in the world, said an official.
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Iran reports 5.7% economic growth for year to March 2024
Tehran, IRNA — Iran’s economy grew by 5.7% in the fiscal year ending in late March 2024, marking the highest growth since 2017, according to the Statistical Center of Iran (SCI).
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Iran imports over 1.3m cellphones in two months
Tehran, IRNA – The Customs Administration of the Islamic Republic of Iran says 1,353,786 cellphones worth $340,545,000 were imported to the country in the first two months of the Iranian calendar year starting on March 20.
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Iran-Turkiye trade reaches $1.3b in Q1 2024
Tehran, IRNA – The trade exchanges between Iran and Turkiye in the first three months of 2024 have reached $1.364 billion, according to a latest update by the Turkish Statistical Institute (TURKSTAT).
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Iran reports major increase in cargo transit via roads, railways
Tehran, IRNA – Cargo transit in Iran through roads and railways has seen a major hike, the latest data shows.
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Iran had second-largest growth among 30 major economies in 2023: IMF
Tehran, IRNA- Iran secured the second position in terms of economic growth among the top 30 global economies in 2023, according to the International Monetary Fund (IMF).
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‘Iran had 2nd biggest economic growth of 30 countries last year’
Tehran, IRNA – The governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin says the country had the second-highest economic growth among the 30 largest economies in the world last year.
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BBC admits failure of sanctions policy against Iran: Report
Tehran, IRNA – Anti-Iranian media outlet BBC Farsi has admitted that the policy of imposing sanctions on the Islamic Republic has failed.
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Raisi calls on economic sectors to deliver 'surge in production'
Tehran, IRNA – Iranian President Ebrahim Raisi says the New Year's slogan addresses all businesses engaged in production in the country.
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Resistance disrupted all US calculations in West Asia: Ayatollah Khamenei
Tehran, IRNA - Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has said that the Resistance Front has disrupted all US calculations in West Asia by unveiling the true scale of its power since the start of the war on Gaza.
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Iran's GDP at $1.81 trillion, making country 19th economy in world: Official
Tehran, IRNA – Head of Iran's Plan and Budget Organization Davood Manzour has said that this country is now the 19th largest economy in the world, with a gross domestic product (GDP) of $1.81 trillion based on the purchasing power parity (PPPs).
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Iran sets import duties of 1% for affordable electric cars
Tehran, IRNA- Iran’s First Vice President Mohammad Mokhber has submitted the Cabinet's decision on the commercial interest rates for the import of electric cars to the relevant ministries.
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Iran economy grew 4.2% in 2023, outpacing US at 2.5%, WB figures show
Tehran, IRNA - Iran's economic growth in 2023 reached 4.2%, higher than the 2.5% growth reported for the United States, according to the latest data from the World Bank.
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Photo:Ahmad Moeini Jam
President Raisi visits Ministry of Economy
President Ebrahim Raisi visited the Ministry of Economy and Finance on December 18, 2023, and unveiled two online systems in Iran Economic Observatory to monitor the activities of the public and private sector enterprises.
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Iranian Economy Conference
The Iranian Economy Conference started on December 11 at the International Conference Centre in Tehran in the presence of Iranian President Ebrahim Raisi. The main themes of discussion in the event will include structure reforms, imbalances, and modern role-playing.
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'Iran, Qatar can boost trade exchanges to $1b'
Tehran, IRNA – The director of the International Affairs Department of the Ministry of Energy, Mojtaba Akbari, has said that the value of trade between Iran and Qatar can reach $1 billion in a year.
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Iran has imported 31,000 cars since late March: TPO chief
Tehran, IRNA- Iran has imported some 31,000 cars since late March and will soon start importing electric vehicles, the head of the Trade Promotion Organization (TPO) of Iran has announced.
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Iran economic growth at 4.7% in Q4 2022: World Bank
Tehran, IRNA – Iran’s economy expanded by 4.7% in the fourth quarter of 2022 to become 15th fast-growing economy in the world over the quarter, according to figures by the World Bank.
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Official: Iran has 20-40% annual growth capacity in trade with other countries
Tehran, June 5, IRNA- Chairman of Exports Commission of Iran's Chamber of Commerce, Industries, Mines and Agriculture Jamshid Nafar said that Iran has the capacity for a 20 to 40 percent growth per year to trade with world countries.
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ECO railway to help develop West Asia
Tehran, March 2, IRNA – Pakistan Railways Organization has declared that it will resume regular operation of the Istanbul-Tehran-Islamabad (ITI) container train after nearly decade-long interruption on March 4, 2021.
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Foreign investors can apply for 5-year residence in Iran: official
Tehran, Dec 15, IRNA – Interior Ministry Director-General for Bureau for Aliens and Foreign Immigrants Affairs Mehdi Mahmoudi said on Tuesday that foreign investors can apply for five-year residence in Iran and receive special services.
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IRNA, ECO cultural institute to expand cooperation
Tehran, Sept 30, IRNA – Head of the Economic Cooperation Organization Cultural Institute, Sarvar Bakhti, and Managing Director of the Islamic Republic News Agency (IRNA) Mohammad Reza Noroozpour agreed to expand cooperation in the field of information dissemination.