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…
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…