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Tehran - 06:46 / GMT - 03:16

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  Economy - 0 News


Trade Official Dismisses Western Sanctions against Iran as "Ineffective"
TEHRAN (FNA)- The sanctions imposed on Iran by the West have failed to undermine Iran's trade exchanges, a senior Iranian trade official said, cautioning that sanctions only harm those who advocate them. ( 17:24:06 - 2012/11/09)



Armenian Minister Appreciates Iran's Assistance, Cooperation
TEHRAN (FNA)- Armenian Minister of Energy and Natural Resources Armen Movsisian praised Tehran for its assistance and cooperation with his country in the development of Armenia's energy sector. ( 15:40:47 - 2012/11/08)



Iran Ready to Export Agricultural Machines, Products to Georgia
TEHRAN (FNA)- Iran is capable of producing different agricultural machines and products and is ready to export them to the neighboring countries, specially Georgia, a senior Iranian diplomat said. ( 13:18:33 - 2012/11/08)



Tehran, Beirut to Further Expand Economic Ties
TEHRAN (FNA)- Iranian and Lebanese tradesmen are due to hold a meeting in the near future to discuss further expansion of economic and industrial ties and cooperation between the two countries. ( 13:08:28 - 2012/11/08)



Iran Ends Pipeline Laying for South Pars Phase 19
TEHRAN (FNA)- Iranian experts on Wednesday announced remarkable progress in the development of the Phase 19 of the South Pars gas field, saying that they are now through with laying the first under-sea pipeline of the project. ( 20:49:54 - 2012/11/07)



Turkish Trade Official Forecasts Economic Boom for Asia
TEHRAN (FNA)- Representative of Turkey's Union of Chambers and Stock Exchanges Matin Anil said that due to the impacts of the world economic crisis in the West, Asia will soon turn into the center of the world economy, and the members of the Economic Cooperation Organization (ECO) should seize the good opportunity then. ( 19:51:07 - 2012/11/07)



US Daily: Iran's Tourism Industry Prospering Despite Sanctions
TEHRAN (FNA)- A US newspaper wrote that Iran's tourism industry has flourished and the number of foreign tourists visiting Iran has increased in recent years despite the US-led sanctions targeting the country's economy. ( 18:21:51 - 2012/11/07)



Iraqi Kurdistan's PM to Discuss New Ways of Trade Exchange with Iran
TEHRAN (FNA)- Prime Minister of Iraqi Kurdistan region (KRG) Nechirvan Barzani is due to explore avenues for the development of trade relations with Iran in his upcoming visit to the country, Representative of Iraq's Patriotic Union of Kurdistan (PUK) to Tehran Nazzem Dabbagh said on Wednesday. ( 17:02:40 - 2012/11/07)



Parliament Prepares Bill to Reduce 33% of Iran's Oil Exports
TEHRAN (FNA)- The Iranian parliament's Energy Commission has prepared a bill to decrease the country's crude exports by nearly one third in the current Iranian year (started on March 20) in retaliation for the western sanctions against Iran's oil sector. ( 16:29:19 - 2012/11/07)



2 Million Barrels of Iran Crude to Reach South Korea in 24 Days
TEHRAN (FNA)- An Iranian supertanker is sailing for South Korea's Daesan port, indicating the Asian country will probably continue to import oil from Iran after a brief halt in August. ( 15:40:56 - 2012/11/07)



Report: Iran's Energy Industry Flourishing despite Sanctions
TEHRAN (FNA)- A well-known oil and energy news website underlined Iran's growing power exports and revenues despite the western sanctions imposed against the country's energy sector, saying that the growth stymies Washington's efforts to squeeze Iran's economy. ( 19:29:26 - 2012/11/06)



Official Raps UN's Silence on Western Boycott of Medical Supplies to Iran
TEHRAN (FNA)- An Iranian health official blasted the UN's passive approach to the US-led western sanctions against the supply of medicine and pharmaceutical products to Iran through financial restrictions, stressing that the measure violates international laws and codes of ethics. ( 17:41:47 - 2012/11/06)



Deputy Minister: Iran Imports Wheat from 7 Countries despite Sanctions
TEHRAN (FNA)- Deputy Minister of Industry, Mine and Trade Abbas Qobadi downplayed the effects of the western sanctions on Iran's banking sector, and said the country has managed to import wheat from 7 states despite economic embargos and financial restrictions. ( 17:15:38 - 2012/11/06)



Iran Indigenizes Widely-Used, Complicated Telecommunication Equipment
TEHRAN (FNA)- Iranian experts managed to manufacture two widely-used optical components for telecommunication infrastructures, ending the country's need to imports. ( 16:39:14 - 2012/11/06)



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