Billions of dollars of Iranian frozen assets to be released

A senior regional official is visiting Tehran on Tuesday to finalize the mechanism for releasing seven billion dollars of Iran’s frozen funds.

Macro Economy

Iran Chamber chief urges need to take advantage of a possible nuclear agreement

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei stressed on Sunday that the Iranian government have to take advantage of a possible nuclear agreement in Vienna with the five world powers namely, Britain, France, Germany, Russia and China.

Iran Chamber

World companies eying return to Iranian economy: Iran Chamber chief

President of Iran Chamber of Commerce (ICCIMA) Gholam Hossein Shafei says many foreign countries that used to have economic relations with partners in Iran, are waiting for the revival of the JCPOA to return to the Iranian market.

Iran Chamber

Oil prices slide amid hopes for Iran deal

Oil prices ended mixed on Friday to notch a weekly fall, amid growing hopes for restoring the Iran nuclear deal.


US sanctions hinder Iran’s robust economic recovery

Iran’s economy would unlikely be restored to a robust level if major U.S. sanctions on the country remain, recent researches and opinions indicated.

Macro Economy

Iran’s GDP could grow by 3.5% this year if JCPOA revived: IIF

The Institute of International Finance (IIF) has estimated that Iran’s economy will continue to grow by a modest rate of 3.5% this year if the country and world powers succeed in talks to revive a 2015 nuclear deal.

Macro Economy

Chinese FM Wang Yi calls for US to return to Iran nuclear deal

Chinese Foreign Minister Wang Yi said that the United States should return unconditionally to the Iran nuclear deal as soon as possible, while lifting sanctions on Iran and third-party entities and individuals.

Macro Economy

Diplomatic window of opportunity open to bring JCPOA back on track: Borrell

The European Union’s top foreign policy official has called for a concerted effort to use what he has referred to as a "diplomatic window of opportunity" in order to revive a 2015 nuclear agreement signed between Iran and major world powers.

Macro Economy

Biden repudiates Trump’s “snapback” mechanism, offers to restart nuclear talks

The Biden administration rescinded former president Donald Trump’s restoration of U.N. sanctions on Iran, an announcement that could help Washington move toward rejoining the 2015 nuclear agreement aimed at reining in the Islamic Republic’s nuclear program.

Macro Economy

JCPOA worthless if sanctions not lifted: Araghchi

Iran’s deputy foreign minister for political affairs reiterated that the nuclear deal signed with world powers would be of no value if sanctions were not lifted.

Macro Economy