Economy

ECO stresses speedy operationalization of regional center for anti-corruption co-op between members

TEHRAN- At the meeting of prosecutors general of the Economic Cooperation Organization (ECO) member states in Kazakhstan, on Friday, September 11, the ECO Secretary General emphasized the need to expedite the operationalization of the “ECO Regional Center for Cooperation among Anti-Corruption Bodies and High Inspectors (Ombudsmen).”
Economists’ prescription for breaking Iran’s inflation cycle

TEHRAN- Iran’s inflation has become a persistent, multi-layered economic problem that cannot be solved through a single tool or a simple policy choice. Economists interviewed by IRNA argue that suppressing prices, restricting demand, or relying only on monetary instruments such as interest rates or liquidity controls will not break the inflation cycle. Inflation can only be contained when the policymaker simultaneously controls the money-creation engine, directs financial resources toward production, prevents supply-side shocks, and protects the purchasing power of vulnerable groups without generating a new inflationary wave.
TPO head outlines 3-pillar strategy to overcome export barriers

TEHRAN — Mohammad Ali Dehghan Dehnavi, head of Iran’s Trade Promotion Organization (PMO), has outlined three core priorities for the organization this year: monitoring, facilitation, and proactive engagement.

TPO head outlines 3-pillar strategy to overcome export barriers

TEHRAN — Mohammad Ali Dehghan Dehnavi, head of Iran’s Trade Promotion Organization (PMO), has outlined three core priorities for the organization this year: monitoring, facilitation, and proactive engagement.
Economists’ prescription for breaking Iran’s inflation cycle

TEHRAN- Iran’s inflation has become a persistent, multi-layered economic problem that cannot be solved through a single tool or a simple policy choice. Economists interviewed by IRNA argue that suppressing prices, restricting demand, or relying only on monetary instruments such as interest rates or liquidity controls will not break the inflation cycle. Inflation can only be contained when the policymaker simultaneously controls the money-creation engine, directs financial resources toward production, prevents supply-side shocks, and protects the purchasing power of vulnerable groups without generating a new inflationary wave.
Restoring stability, trust, predictability: private sector’s roadmap for Iran’s economy

TEHRAN- Hossein Pirmoazen, the vice chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) emphasizes in a note that restoring stability, trust, and predictability to the economy provides the basis for returning capital to production, increasing employment, and strengthening hope in society.
ECO stresses speedy operationalization of regional center for anti-corruption co-op between members

TEHRAN- At the meeting of prosecutors general of the Economic Cooperation Organization (ECO) member states in Kazakhstan, on Friday, September 11, the ECO Secretary General emphasized the need to expedite the operationalization of the “ECO Regional Center for Cooperation among Anti-Corruption Bodies and High Inspectors (Ombudsmen).”
By Mahnaz Abdi

South Korea National Day, Armed Forces Day: a night of cultural diplomacy in Tehran

Ambassador Kim Junpyo continues to strengthen Iran-Korea ties through remarkable cultural engagement

TEHRAN- The Embassy of the Republic of Korea in Tehran, under the dynamic leadership of His Excellency Ambassador Kim Junpyo, hosted a magnificent reception commemorating South Korea's National Day and Armed Forces Day on the evening of Thursday, September 10, at the Ambassador's residence.
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From Bishkek to New Delhi, Xi advocates Global South cooperation

Chinese President Xi Jinping is heading to New Delhi for this year's BRICS gathering just over a week after he took part in the Shanghai Cooperation Organization (SCO) summit in the Kyrgyz capital of Bishkek.
Sharp surge in oil prices recorded

TEHRAN- The price of Brent crude oil futures during overnight trading jumped nearly 6% to $109.97 per barrel, the highest level in the past four months.
‘Trade with Iraq requires unity of command’

TEHRAN- Yahya Al-e-Es'haq, Head of the Iran-Iraq Joint Chamber of Commerce, emphasized that developing trade with Iraq — given its direct link to national security and development — requires centralized decision-making, unity of command, and increased maneuverability against Iraq's changing regulations.
Comprehensive housing plan drafted based on production leap law requirements

TEHRAN- The Minister of Transport and Urban Development announced the drafting and finalization of the "Comprehensive Housing Plan" in line with the implementation of legal requirements for approval by the Supreme Housing Council, and said: "With the implementation of this 10-year document, the government's policies in worn-out textures, land annexation, locating new towns, and prioritizing supportive intervention with special focus on deciles 1 to 5 will be operationalized."
Iran expands trade footprint with 7 new commercial attachés

TEHRAN- Akbar Godari in Oman, Reza Bagherifard in Afghanistan, Mahmoud Eskandari in Belarus, Mohsen Montazeri in Malaysia, Seif-Ali Zarbi in Russia, Dariush Vossoughi in Turkey, and Mojtaba Moulaei Moein in India have been introduced as Iran's commercial attachés to begin operations in target markets.