SMS News

Iran Business and Economic News in First Week of the May Comp. Star Marine Services

Original Source: www.NewsNow.co.uk

Data: Iran faces longest sustained high inflation in modern history

Iran’s economy has entered uncharted territory as official data confirms the country is experiencing its longest continuous period of high inflation, with prices rising over 30% annually for seven consecutive years, Donya-ye Eghtesad economic paper reported on Saturday. Please visit the following link for more information:

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Tehran, Ashgabat urge structural reforms to boost bilateral trade

TEHRAN – The deputy head of Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) called for the removal of key structural barriers—particularly in banking, transport, logistics, and visa issuance—to unlock the trade potential between Iran and Turkmenistan. Please visit the following link for more information:

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Iran, Africa ink trade, investment deals in 4 key sectors

TEHRAN – The secretary of the Iran-Africa Economic Cooperation Summit said commercial and investment contracts were signed between African traders and Iranian business leaders in four key sectors—mining, agriculture, petrochemicals, and medical equipment—at the conclusion of the third Iran-Africa summit. Please visit the following link for more information:

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