Economy of Iran

The head of Turkish and Iranian Business Council has said Turkey had always been with Iran while the country was under sanctions, so Turkish businesses may play a major role in Iran in the post-sanction era. 

Companies based in Turkey, as well as others in Iran and elsewhere, have been used in Money laundering operations by Reza Zerrab and other suspects, according to an indictment prepared by Manhattan U.S. Attorney Preet Bharara.

Reza Zarrab, an Iranian-born Turkish businessman who was acquitted in a vast Turkish graft probe in 2014 after 70 days in jail, has been arrested in Florida on charges of conspiracy to conduct hundreds of millions of dollars in financial transactions for the Iranian government or other entities to evade U.S. sanctions. 

An Iranian-born Turkish businessman has been arrested in Florida on charges that he and others conspired to conduct hundreds of millions of dollars in financial transactions for the Iranian government or other entities to evade U.S. sanctions. 

Bulgarian Transport Minister Ivaylo Moskovski said that Iran has readiness to develop a transport corridor through Bulgaria

Moskovski said this at the transport parliamentary committee on Wednesday, Focus news agency informs.

Iran needs full access to the international banking system, the chief of staff to President Hassan Rouhani said on March 10, adding that London has an important role to play following the lifting of sanctions.

Turkey's largest business organization has visited Iran in a bid to boost economic and trade ties with the neighboring country in the post-sanctions era. 

A delegation from the Union of Chambers and Commodity Exchanges of Turkey's (TOBB), chaired by Rifat Hisarc?kl?o?lu, described Iran as Turkey's "natural trade partner."

The ban on EU food imports to Russia has resuted in BGN 300 M worth lost revenues, Agriculture Minister Desislava Taneva has said.

A senior Iranian official has cited Turkey as a "priority" in boosting trade relations in the aftermath of the removal of sanctions, proposing to establish a new economic plan for the development of overall economic ties. 

Iran said on Feb. 1 it now has access to more than $100 billion worth of frozen overseas assets following the implementation of a landmark nuclear deal with world powers.