Iran moves towards single forex rate, aims to unify forex markets amid economic concerns

TEHRAN- At the 134th meeting of the Government-Private Sector Dialogue Council, while elaborating on some details regarding the implementation of the launch of the negotiated foreign currency exchange market and moving toward a single exchange rate, discussions were also held concerning the poor performance of active systems in the business environment. It was decided that, with the follow-up of the Ministry of Economy, the reorganization of these systems would be implemented with the aim of facilitating affairs.

‘Iran-Tajikistan relations can be expanded through special mechanisms’

TEHRAN- Iran’s minister of economic affairs and finance emphasized the expansion of brotherly relations and economic, commercial, and infrastructure cooperation between Iran and Tajikistan and proposed special opportunities for deepening these relations under the current conditions.

By Ebrahim Fallahi

Economy Ministry pushes bold customs overhaul to speed up trade flow

TEHRAN – In response to the country’s evolving economic conditions, Iran’s Ministry of Economic Affairs and Finance has launched a comprehensive initiative to streamline customs procedures and deliver on its pledge to reduce cargo clearance time to three days. The plan includes both regulatory revisions and a new legislative proposal soon to be submitted to Parliament.

Government aims to cut average customs clearance to 3 days

TEHRAN – Iran plans to reduce the average time for customs clearance to three days through major reforms in the sector, the economy minister said.

Madani-Zadeh confirmed as Iran’s new economy minister

TEHRAN – Iranian lawmakers on Monday approved Seyed Ali Madani-Zadeh as the country’s new Minister of Finance and Economic Affairs, making him the second person to hold the post in President Masoud Pezeshkian’s administration.