• 04
  • Set

The head of Iran-Italy Chamber of Commerce said the volume of trade exchange between Tehran and Rome currently stands at €1.7 billion. "The trade turnover between the two countries stands at €1.7 billion," Ahmad Pourfallah said on August 31, Fars news agency reported.

  • 04
  • Set

Premier Giuseppe Conte said Wednesday that Italy is ready to be more rigorous on the issue of Iran in the light of the position of the United States.

  • 23
  • Lug

From its headquarters in Calabria, the poorest, least-developed region in Italy, Gruppo Ventura looked out on the world and spotted a potentially lucrative growth opportunity: Iran.

  • 21
  • Giu

According to the latest data released by the Islamic Republic of Iran Customs Administration (IRICA), during the first two months of the present Iranian calendar year 1397 (March 21- May 21, 2018), Iran’s exports of goods to Italy increased 156.56 percent in comparison with the same time in the preceding year, making the European country the top destination for Iranian exports.

  • 20
  • Giu

 In his meeting with the Head of Foreign Policy Strategic Council Kamal Kharrazi, Italian Foreign Minister stressed support for preserving the Iran nuclear deal in the wake of US withdrawal from the agreement.

  • 14
  • Giu

Eni has no material exposure to Iran and so will not be affected by sanctions announced by the U.S. administration, a spokesman for the Italian oil major said on Tuesday.

  • 25
  • Apr

United States President Trump warned the signatories of the 2015 Iran nuclear agreement that he will pull his country out of the deal if major changes cannot be made. He wants the significant flaws and weaknesses in the deal to be strengthened and fixed and wants Iran’s ballistic missile program to be addressed.

  • 18
  • Apr

Non-oil exports represent only 11% of GDP, in line with other oil exporting countries, but are low compared to upper middle-income states that on average export 24.2% of GDP, reflecting the legacy of import substitution, a reliance on domestic markets and the comparatively low share of oil exports to GDP reflects Iran's relatively large and diversified economy.

  • 26
  • Mar

The Iranian rial fell to a record-low on Monday, breaking through the 50,000-to-the-dollar mark for the first time, with analysts blaming uncertainty stemming from Washington. The rial has lost around a quarter of its value in the past six months to reach 50,860 against the US dollar according to the Financial Information Market, a trusted website for fluctuations on the open market.

  • 14
  • Mar

When the 1979 Islamic Revolution in Iran took place, its overriding objective was social justice achieved through helping the poor and ensuring political freedom. However, after almost four decades, the income of low-wage earners nationwide has plummeted as the wealthy have grown wealthier.

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