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Mohammad Reza Rahimi Praises Iran’s Economic Progress

As the Western governments have imposed fatal sanctions on Iran’s economy, Iran's vice-president Mohammad-Reza Rahimi said on Thursday that Islamic Republic’s economic development is remarkable. Economists argue that Iranian government under Mahmoud Ahmadinejad had failed to manage the country’s economy properly. Addressing a group of reporters at Tehran, Mohammad-Reza Rahimi said: “If we take a close look ...

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Tehran-Saint Petersburg Direct Flights to Increase the Number of Iranian Tourists

Mahan Airlines announced on Wednesday that starting next week the company will operate Tehran- Saint Petersburg direct flights. In recent years, the number of Iranian tourists visiting Russian cities, especially Saint Petersburg, has been increased significantly. “In order to serve Iranian and Russian passengers, Mahan Airlines will operate Tehran- Saint Petersburg direct flights. Modern aircrafts will tran ...

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Afghan Ambassador: Chabahar Port is the Best Trade Route for Afghanistan

Kabul’s Ambassador to Tehran Nasir Ahmad Noor says Iran’s Chabahar port offers extraordinary opportunities to Iranian and Afghan businessmen. Afghanistan is a landlocked country located in the east of Iran. Iranian government has recently agreed to allow Afghan companies to export their goods through Chabahar port. “The governments of Iran and Afghanistan have succeeded to establish friendly ties over the p ...

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Managers of Mesghal Portal Found Guilty Over Fluctuations in Iran’s Foreign Exchange Market

Mesghal was the name of one of the most visited websites in Iran during the recent years. The number of visitors to this website multiplied in 2011 and 2012, as fluctuations hit Iran’s foreign exchange market. Over that certain period of time, Iranian Rial lost 100% of its value against foreign currencies. Prosecutor General of the Islamic Republic of Iran Gholam-Hossein Mohseni Ejei announced on Monday tha ...

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Commander of the Basij Force Praises Iran’s Economic Progress

Commander of Iran's Basij (volunteer) Force Brigadier General Mohammad Reza Naqdi says the former government under late Shah, Mohammad Reza Pahlavi, was unable to produce anything inside the country. But Islamic Republic has managed to reduce imports significantly. “Currently, the most important aim of Iran is recovering the true Islamic civilization, and to make other countries familiar with the real face ...

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Gilan Province Attracts $52 Million Worth of Foreign Investments

Ministry of Economic Affairs and Finance announced on Saturday that Gilan Province has attracted $52 million worth of foreign investments during the last Iranian year (ended March 20, 2013). Companies from UAE, Turkey, Russia and Iraq in cooperation with local organizations have managed to invest in different fields in Gilan Province and its subsidiaries cities. “Last year, the provincial officials held sev ...

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Minister of Trade: Subsidy Reform Plan is the Best Solution for Dodging Sanctions

30 months ago, Iranian government launched the first phase of subsidy reform plan in the country. Economists argue that the plan was an absolute failure for the government of Mahmoud Ahmadinejad, as Iran is experiencing major difficulties due to international sanctions on its fragile economy. Iran's Minister of Industry, Mines and Trade Mehdi Ghazanfari says the Islamic Republic will tackle the current econ ...

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Iran Rice Imports Increase by 93% in First Quarter

During the first quarter of new Persian year (started on March 21), Iranian government has increased rice imports by 93%. This move has sparked criticisms from local farmers and economists since they believe domestic productions can fulfill Iranian markets. Iranian Rice Association Secretary Jamil Alizadeh-Shayeq said on Thursday that Iran needs to import only 500,000 tons of rice each year, but the governm ...

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Iran to Resume Red Meat Imports from New Zealand

Trade and commerce ministry of Islamic Republic announced on Wednesday that Iran is going to resume red meat imports from New Zealand in near future. Iran had stopped meat imports from New Zealand due to animal diseases. Dr. Mohsen Meshkat, Director of Surveillance and Animal Diseases Control Division of I.V.O., says the quality of New Zealand’s red meats have been vetted by Iran’s Health Ministry meticulou ...

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Hassan Rouhani: Iranian Government to Create Job Opportunities for 5 Million Unemployed Youths

Hassan Rouhani, the new president of Islamic Republic, says his government should create job opportunities for almost five million unemployed youths in the country. Although Mahmoud Ahmadinejad promised to eradicate unemployment from the Iranian community, he failed to achieve any accomplishments in this regard. “During the last eight years, Iranian government has only managed to create less than 100,000 jo ...

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