Iran officially stops stamping passports to attract more tourists

The Iranian president has authorised the interior ministry not to stamp foreign tourists’ passports to avoid the US retaliation and hike its own revenues from the tourism sector.

Iran, Ghana agree to facilitate trade cooperation through free trade zones

Iran and Ghana have singed a document to consolidate their trade ties as Tehran looks to diversify its export destinations and trade partners.

Iran seeking monetary pacts with regional countries: FM Zarif

Iranian Foreign Minister Mohammad Javad Zarif says his country is in talks with several regional countries to do business in national currencies.

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‘Import, export and joint ventures, main strategies for Russia-Iran trade boost’

Vadim Tkachenko, president of Volgograd Chamber of Commerce and Industry, that lead a large business delegation to Iran, says there are large areas of cooperation between Russia and Iran such as import and exports as well as joint venture.

Russia to lend Iran a hand for exporting oil: Report

Russia says it is willing to step in to help Iran export its oil while the country is struggling to keep the oil flowing while pressured by sanctions levied by the United States.

FATF acknowledges Iran’s progress, gives its until October to approve other bills

The global standard-setting body has decided to extend Tehran’s time to approve and implement financial regulatory laws before it enters to audit the country.

Iran, Turkey to hold joint economic commission soon

Iranian and Turkish foreign minsters have agreed to join their efforts to hold their joint economic commission in a bid to further develop their trade ties.

Iran, Azerbaijan start e-TIR road transit to boost trade

Tehran and Baku officials have started e-TIR operations in a bid to faster develop their bilateral ties and boost their economic activities.

Long-time political allies, Iran and Russia move to consolidate economic ties

Iran and Russia have long been allies during their long histories but their bilateral trade volume doesn’t speak much for their political proximity. Now, with the US pressures and Europe’s inactivity, Tehran is looking East to revive old regional allies.

UK government, Iran’s Bank Mellat reach $1.6bn settlement over 2009 sanctions case

The British government lawyers have reached an 11th-hour settlement with the Iranian private lender Bank Mellat to avoid court hearings over 2009 sanctions on the bank.