Iran Economic News Headlines - Jan 14

  • Deputy Minister of Roads and Urban Development Hamed Mazaherian: The housing market is bracing for recession. (ILNA)
  • Navy’s Deputy Commander Rear-Admiral Touraj Hassani-Moqaddam: Marine transportation accounts for 93% of Iran’s exports and imports. (Mehr News Agency)
  • CEO of the Islamic Republic of Iran Shipping Line Mohammad Saeedi: US sanctions aim to paralyze Iran's shipping industry. (Mehr News Agency)
  • Deputy Oil Minister Amir Hossein Zamaninia: Despite US pressure, the EU’s payment system, aimed at facilitating trade with Iran, will be set up soon. (Mehr News Agency)
  • Abbas Zare', an Agriculture Ministry official: More than $1 billion have been invested for implementing new irrigation systems in Iran since [the Iranian year] 1395 [March 2016-17]. (IRNA)
  • Foreign Minister Mohammed Javad Zarif: Iran can be a bridge between India and the Persian Gulf. (The Economic Times)
  • Minister of Industries, Mining and Trade Reza Rahmani: Exports will be the driving force in Iran's economic plans next [Iranian] year [starting March 21], hence export promotion is among the government's main priorities. (IRNA)
  • Managing Director of Chandeliers Cooperatives Mohammad Reza Qareh-Yazi: Iran annually exports $200 million worth of chandeliers to neighboring countries. (Mehr News Agency)
  • Commander of the Islamic Republic of Iran Railways Police Force Colonel Heshmatollah Maleki: More than 117,000 tons of contraband commodities worth 749.6 billion rials [$6.57 million] were confiscated in Iranian railroads during the first nine months of the current [Iranian] year [March 21-Dec. 21]. (
  • Ahmad Anaraki Mohammadi, a member of Majlis Economic Commission: Over the past 40 years since the Islamic Revolution, 100 airports have been built in different parts of the country. (IRNA)

Add new comment

Read our comment policy before posting your viewpoints