Rouhani communicates Iran-Hungary cooperation agreement

President Hassan Rouhani on Saturday communicated the law on Iran-Hungary cooperation agreement for implementation by Finance Ministry. The law was approved by Majlis on November 15 and was endorsed by the Guardian Council one month later. The agreement consists one sole article, one Note and nine articles. As per the…

Foreign investment up by 42% in post-JCPOA era

The rate of foreign investment has been increased by 42 percent during the past 12 months thanks to the implementation of the Joint Comprehensive Plan of Action (JCPOA), an Iranian official said on Tuesday. Speaking to IRNA, Managing Director of Central Securities Depository of Iran Mohammad-Reza Mohseni said over 264…

Seif: 10-15 pc decline in cost of exchanges is JCPOA implementation’s result

Governor of the Central Bank of Iran (CBI) Valiollah Seif said on Monday that 10 to 15 percent fall in the cost of exchanges is the most immediate result of implementation of the Joint Comprehensive Plan of Action (JCPOA). Talking to reporters, Seif said the fall in the expenditures will…

Cooperation with Czech Republic will accelerate economic growth

East Azarbaijan Governor General Esmaeil Jabbarzadeh said on Tuesday that cooperation with Czech Republic will help fulfillment of economic objectives. Jabbarzadeh made the remarks in a meeting with Czech Minister of Industry and Trade Jan Mladek. He said that East Azarbaijan province’s capacities are widescale and that many efforts were…

EU and US poised to lift Iranian sanctions this weekend

Reconnecting Tehran to the global economy set to have huge ramifications for the global economy, especially the oil market The Iranian capital, Tehran, at sunrise. Photograph: Alamy   The European Union and US are expected to formally lift sanctions against Iran this weekend, dismantling an intricate network of punitive measures…