Press TV

Iran eyes Nicaragua rival to Panama Canal

Foreign Minister Mohammad Javad Zarif says Iran is interested in a massive project to build a canal across Nicaragua which will link the Pacific and Atlantic oceans.

Transportation

Economic issues Iran’s foremost problem: Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has met with President Hassan Rouhani and the members of his administration on the occasion of the Government Week, saying that economic problems are country’s foremost priority.

Macro Economy

Cuba eyes Iran trade to fight US sanctions

Cuba says US sanctions on the Latin American country and Iran have opened a common ground for the two countries to forge special trade ties.

Trade

Iran’s trade surplus at $3.4bn

Iran says its trade surplus exceeded $3.4 billion over a period of four months starting March 21, 2016 in what is seen as the country’s best post-sanctions trade performance.

Trade

Iran welcomes China’s investment in non-oil projects

Iran says it welcomes China’s investments in its non-oil projects, stressing that it stands ready to have an active participation in the Silk Road Initiative pursued by Beijing.

Macro Economy

China seals deals to award loans to Iran

Iran says it has signed two memorandums of understanding (MoUs) with two major Chinese banks to provide loans for its key development projects.

Macro Economy

Norway offers €1bn in credit to Iran

Iran says it has been offered a major export credit line by Norway worth €1 billion in what could be a fresh indication of Oslo’s determination to expand relations with the Islamic Republic in post-sanctions era.

Trade

Iranian carpets recapture US market

Iran’s prized rug trade is getting a boost from the lifting of sanctions, with exports to the US reclaiming the lost ground in a big way.

Trade

Banking problems prevent Iran exports

More indications emerge to show that banking problems remaining from the sanctions against Iran are still obstructing the country’s exports.

Mine and Industry

Boeing representatives in Tehran: Minister

Boeing representatives are currently in Tehran, discussing the US planemaker’s planned sale of commercial aircraft to Iran.

Transportation