Economic Ties

Iran must be a role model in region: President Pezeshkian

TEHRAN, Nov. 21 (MNA) – Iranian President Masoud Pezeshkian has emphasized the need for Iran to serve as a role model in the region, citing the country's Development Vision Plan crafted in alignment with the Leader's directive.

Defense Minister:

Iran seeks to expand economic ties with Venezuela

TEHRAN, Nov. 20 (MNA) – Iran's Defense Minister Brigadier General Aziz Nasirzadeh stated that the Islamic Republic of Iran is seeking to develop economic cooperation with Venezuela.

Iran, Sudan agree to expand economic ties

TEHRAN, Nov. 08 (MNA) –  Iran’s Minister of Economic Affairs and Finance Abdolnaser Hemmati and Sudan’s Minister of Finance and Economic Planning Gibril Ibrahim Mohamed have agreed to increase economic and trade cooperation between the two states.

Some European firms retract from Israel-linked finance

TEHRAN, Nov. 07 (MNA) – Several of Europe's largest financial firms have scaled down their links to Israeli companies or those with ties to the regime, a media report has said.

Iran ramps up gasoline output amid rising demand

TEHRAN, Nov. 06 (MNA) – Iran has increased its gasoline output by more than 7% in the past two and a half months to respond to a growing demand that has forced the country to resume imports after more than a decade of self-sufficiency.

Iran pays off $3bn debt to domestic wheat farmers

TEHRAN, Nov. 04 (MNA) – The Iranian government has paid off its debts to domestic farmers for this year’s wheat purchases amid a bumper crop that has made the country self-sufficient in the grain.

Pezeshkian:

Zionist regime failed to achieve its malicious goals

TEHRAN, Oct. 28 (MNA) – Pointing to the crimes committed by the Zionist regime, President Pezeshkian stated that the Zionist regime has failed to achieve its malicious goals.

Qatari envoy calls for increasing number of flights to Iran

TEHRAN, Oct. 23 (MNA) – Ambassador of Qatar to the Islamic Republic of Iran Saad Abdullah Saad Al Mahmoud Al Shareef urged for increasing the number of Qatari flights to Iran to 57.

BRICS member states seeking to control US, dollar: Pezeshkian

TEHRAN, Oct. 22 (MNA) – Iranian President Masoud Pezeshkian said member states of BRICS group of emerging economies are seeking unity and cohesion to control undisputed power that the United States and dollar have created in the region and the world.

Kremlin:

Russia, Iran almost completely shift to national currencies

TEHRAN, Oct. 22 (MNA) – National currencies are being used in more than 96% of mutual payments between Russia and Iran, according to Kremlin.

BRICS considering 15 countries as its potential partners

TEHRAN, Oct. 21 (MNA) – BRICS is considering 15 countries as its potential partners, Russian presidential aide Yury Ushakov said.

Iran, China stress importance of implementing MoUs

TEHRAN, Oct. 15 (MNA) – Iran’s Economy Minister Abdolnaser Hemmati and China’s Ambassador to Tehran, Cong Peiwu, have emphasized the importance of implementing memoranda of understanding (MoUs) between the two countries.

US share of global economy declines below 15%

TEHRAN, Oct. 10 (MNA) – The US share of the global economy has tanked below 15% during Joe Biden’s presidency. By the end of his term, it is projected to hit a record low of 14.76%, data have revealed .

Beijing to host Iran-China Friendship Association meeting

TEHRAN, Oct. 09 (MNA) – A delegation of Iran-China Friendship Association left Tehran for Beijing on Wednesday in order to participate in 15th annual meeting of Iran-China Friendship Associations.

Iran’s Mazandaran exports over 800,000 tons of goods to EAEU

TEHRAN, Oct. 05 (MNA) – The observer of the customs offices of Mazandaran province said that 814,000 tons of non-oil goods were exported from Mazandaran province in the first six months of the current Iranian calendar year (started March 21, 2024).

Iran, Russia call for strengthening economic ties

TEHRAN, Oct. 01 (MNA) – Iran's Minister of Economic Affairs and Finance (MEAF) Abdolnasser Hemmati and Russia's Minister of Economic Development Maxim Reshetnikov have called for strengthening economic ties between the two countries.

ASEAN and ECO commit to enhanced regional cooperation

TEHRAN, Sep. 28 (MNA) – On the sidelines of the Seventy-Ninth Session of the UN General Assembly, the Association of Southeast Asian Nations (ASEAN) and the Economic Cooperation Organization (ECO) convened their Sixteenth Ministerial Meeting.

Iran, Iraq to set up taskforce to broaden economic relations

TEHRAN, Sep. 12 (MNA) – Iran and Iraq have agreed to set up a taskforce to discuss a comprehensive agreement that could further boost economic and trade relations between the two countries.

Iran to strongly back ECO activities: FM Araghchi

TEHRAN, Sep. 10 (MNA) – Iranian foreign minister said that the country will support the activities and programs of the Economic Cooperation Organization (ECO) and its new chief.

Iran’s trade with 56 OIC member states hit $26.7b in 5 months

TEHRAN, Sep. 08 (MNA) – The Islamic Republic of Iran’s trade with 56 OIC member states hit $26.7 billion in 5 months.

Iran to collaborate with Armenia on $3 billion projects

TEHRAN, Sep. 07 (MNA) – Iran's Ambassador to Armenia Mehdi Sobhani announced that Tehran has planned collaboration with Armenia amounting to approximately $3 billion.

Norway to end cooperation with Israeli firms

TEHRAN, Sep. 04 (MNA) – Norway wealth fund may divest companies that aid Israel in Gaza war, occupied territories, media reported on Wednesday

Iran, Russia emphasize enhancing trade-economic coop.

TEHRAN, Aug. 26 (MNA) – Officials from the Russian Federation and Iran conferred on further boosting ties in the fields of trade and economy.

Putin invites Palestinian Authority to BRICS summit in Kazan

TEHRAN, Aug. 26 (MNA) – Russian President Vladimir Putin invited Palestinian Authority chief Mahmoud Abbas to take part in the BRICS summit to be held in Kazan in October, the Palestinian ambassador to Russia Abdel Hafiz Nofal has said.

Tehran, Dhaka emphasize broadening trade ties

TEHRAN, Aug. 01 (MNA) – Iran’s minister of industry, mine and trade stressed the need to enhance trade and economic cooperation between Iran and Bangladesh.

Russia:

Moscow, Tehran working to introduce Mir cards in Iran

TEHRAN, Jul. 24 (MNA) – Moscow expects Mir cards to start working on Iranian territory in the near future, hoping to integrate the two countries’ payments systems as soon as possible, Russian Deputy Foreign Minister Andrey Rudenko said.

Russian diplomat:

BRICS assessing Iran's idea of integrating payment systems

TEHRAN, Jul. 24 (MNA) – Russian Deputy Foreign Minister Andrey Rudenko says that the BRICS member states are in talks over the idea of the Islamic Republic of Iran on integrating their national payment systems within the group’s framework.

Iran urges forming BRICS states national wealth joint fund

TEHRAN, Jul. 23 (MNA) –An Iranian official has proposed to form a joint fund of the national wealth funds of the BRICS member states.

Iran amb., Turkey's Erzurum explore avenues to boost trade

TEHRAN, Jul. 23 (MNA) – Iran's ambassador to Turkey and Turkey's Erzurum province's officials held a meeting to discuss and explore ways to expand bilateral cooperation between that province and its Iranian provinces.