Iran Economy News

Reuters: Iran's central bank has agreed to open won accounts at two South Korean state-owned banks to avert disruption in bilateral trade despite international...

Wall Street Journal: Turkey's Prime Minister Recep Tayyip Erdogan said Thursday that Ankara is seeking to triple trade volumes with Iran over the next...

Reuters: Turkey wants to triple its trade volume with Iran within five years, Turkey's prime minister told businessmen on Thursday, at a time when...

AFP: International sanctions against Iran are bearing fruit and have sparked a "debate" inside Tehran's regime, French Defense Minister Herve Morin said Thursday during...

Reuters: Iranian carmaker Iran Khodro and Turkey's Hema Endustri are set to sign a deal worth 200 million euro ($262 million) to build two...

Reuters: Iran has delayed phasing out gasoline subsidies in what analysts say may be a sign of President Mahmoud Ahmadinejad's anxiety to avoid igniting...

Reuters: Uganda has been unable to obtain a $46 million credit offered by Iran because of complications in transferring the money due to U.N....

AFP: Iranian President Mahmoud Ahmadinejad told US television Wednesday that more sanctions will not hurt the Islamic republic, as Western nations urged tougher action...