Iran private sector parliament believes the Persian Gulf country is a safe and secure place for the Iranian businesses to be able to export their goods to Africa, Arab and European countries.
Daniel Ibrayev, a member of the Eurasian Economic Union (EAEU) Trade Council, says the Central Asian economic entity and Iran are taking two steps to coordinate efforts and moves in a bid to pave the way for a smoother trade relations once Tehran enters the Free Trade Zone with the five-member body.
Iran Chamber of Commerce, Industries, Mines and Agriculture proposed the creation of a such an entity with their counterpart entities in the Eurasian Economic Union aimed at accelerating future trade.
Tehran has been planning since 2008 to redenominate the national currency as it continued devaluation. Now, the government is pushing the plan forward following the drastic loss of the currency value in 2018 after the restoration of economic sanctions on Tehran in 2018.
The Iranian carmaker has restarted its production in the Arab country as Damascus is looking to stand on its feet again following years of a devastating war. The resumption is part of Iran’s economic activities as Syria opens new chapter.
15 April 2019