Chairman of Parliament Economic Commission Mohammad-Reza Pourebrahimi said on Sunday that insecurity and terrorism are among the factors impeding progress in the Islamic societies, adding that sustainable development comes with peace and security.
Iran’s economy is starting to recover more rapidly from years of international sanctions but the country urgently needs to shore up its banks, a senior International Monetary Fund official said on Monday.
Policymakers at the Bank of England believe the risk of a ‘no-deal’ Brexit has been reduced by Prime Minister Theresa May’s Brussels agreement last week — and that this breakthrough may boost UK economic confidence in the coming months.
Turkish Prime Minister Binali Yildirim has denounced as politically motivated a recent testimony given by Turkish businessman Reza Zarrab in a US court implicating President Recep Tayyip Erdogan in an alleged Iran sanctions-busting scheme.
China is financing billions of dollars’ worth of Chinese-led projects in Iran, making deep inroads into the economy while European competitors struggle to find banks willing to fund their ambitions, Iranian government and industry officials said.
Iranian Foreign Minister Mohammad-Javad Zarif said the upcoming trilateral meeting in Tehran between Iran, Azerbaijan and Russia will provide grounds for regional cooperation to boost economic development, peace and stability in the region.