Press TV

WB says $30bn of Iran’s assets unfrozen

The World Bank says a landmark nuclear deal that Iran signed with the P5+1 last year has already enabled the country to gain access to as much as $30 billion of its assets that had been frozen as a result of the sanctions.

Financial Markets

US-made aircraft allowed to fly to Iran

The US has taken another minuscule step toward easing trade restrictions against Iran, allowing international companies to fly American-made aircraft to the Middle Eastern country.

Transportation

Iran wants customs hurdles with Russia lifted

Iran has called for joint efforts with Russia to remove the “customs hurdles” which it says are obstructing the expansion of trade between the two countries.

Trade

China to invest $3bn in Iran’s fish farming

China has joined South Korea to announce that it is planning to invest $3 billion in Iran’s fisheries.

Agriculture and Environment

Iran self-sufficient in wheat for 2nd year

Iran expects its state-sponsored purchases of wheat from domestic farmers to surpass 10 million tonnes this year, Agriculture Minister Mahmoud Hojjati says.

Agriculture and Environment

Irans Aseman to get Mitsubishi planes

Iran says one of its airlines is planning to buy over two dozen planes from Japan’s industrial giant Mitsubishi thus confirming earlier reports that a deal to the same effect is in the pipeline.

Transportation

Iran planning return to debt markets

Iran says it is planning a return to the international debt markets in an effort which could help it rebuild public finances that have been battered by a plunge in oil prices.

Financial Markets

Iran resumes flights to Turkey

Iran says it has resumed its flights to Turkey a day after they were suspended in the wake of a failed coup.

Transportation

Iran introduces 12 sectors to investors

More positive signs on the prospects of Iran’s post-sanctions business environment are emerging as experts say the country has taken measures to encourage foreign investors to target 12 special sectors.

Macro Economy

Iran reports huge rise in exports to US

The latest official figures show that there has been a whopping rise in Iran’s exports to the United States in the second quarter of 2016.

Trade