One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of banking system and reformation of monetary policies, moving forward toward which the Rouhani administration put forward the plan to shift the national currency from Rial to Toman earlier in December 2016 by eliminating specific number of zeroes. […]
Iranian First Vice-President Eshaq Jahangiri said the European Union has not taken any “concrete” and “effective” measures so far to salvage the 2015 nuclear deal between Tehran and world powers, calling on the 28-member bloc to act independently towards Iran. “So far, the EU in general and Germany, France and the UK, in particular, have […]
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said Wed. that some US authorities claim insanity, but they are in fact “first class idiots”. “Some US leaders pretend to be insane, but I don’t believe it. They are, however, first class idiots,” Ayatollah Khamenei made the remarks during a meeting with people from Qom province […]
North Korean leader Kim Jong Un is visiting China at the invitation of Chinese President Xi Jinping, only days after warning he may take an alternative path if the United States does not ease sanctions and pressure on his country. The visit, confirmed by North Korean and Chinese state media, will likely lead to Kim’s […]
Iranian Judiciary Chief Ayatollah Sadeq Amoli Larijani highlighted the futility of enemies’ plots against the country’s Islamic Establishment over the past 40 years and said despite all hostile attempts, the Islamic Republic is “more powerful than ever before”.Addressing a meeting with high-ranking officials of the Judiciary in Tehran on Tuesday, Ayatollah Amoli Larijani referred to […]
The Iran-Pakistan free economic zone is expected to be inaugurated in the city of Mirjaveh in Iran’s Sistan-Baluchestan Province in the coming days, said the Iranian envoy in Pakistan’s Quetta on Monday. Mohammad Rafiee, Consul General of Iran in the south western Pakistani city, made the remarks during a meeting with the Pakistani Province of […]
Indian Government has agreed with Iran’s request to open a branch of Pasargad Bank in Mumbai, said Iran’s Minister of Road Transport, Highways and Shipping Nitin Gadkari on Tuesday after a meeting with Iran’s Foreign Minister Mohammad-Javad Zarif. According to the leading newspaper ‘Times of India’ here on Tuesday, ‘Iran’s Bank Pasargad will open its […]
Guardian Council Spokesman Kadkhodaei said Sat. that the Iranian Parliament has resolved only two out of the 22 flaws with the bill on Iran’s accession to the convention against the funding of terrorism (CFT). Speaking in a press conference on Saturday, Spokesman for the Guardian Council said the Council has reviewed the amendments made by […]
Advisor to the Iranian Parliament Speaker Hossein Amir Abdollahian referred to scientific and technological progresses of Iran, and said the Iranian nation and Establishment have defeated Trump and Netanyahu in a comprehensive economic and psychological warfare. “Powerful Iran stands beside its allies in the region, improving its modern development plan and defense measures,” Amir Abdollahian […]
The head of Iranian Trade Promotion Organization (TPO) has announced talks with Turkey, Syria and Pakistan for preferential trade. “Establishment of the banking relations are among Iran`s priorities. If the obstacles are not eliminated, the preferential tariffs and trade will be of value,” the head of the Iranian Trade Promotion Organization, Mohammad Reza Modoudi said, […]