Tehran (IP) - Iranian Economic Affairs and Finance Minister said at a press conference on Monday that agriculture is in better situation now despite negative economic growth in the sector.

Iran PressIran News: Ehsan Khandouzi said: " Although the economic growth of agriculture sector is negative, we are in a better situation compared to what it used to be."

He further added that the monthly inflation of this sector has also decreased.

He also stated: "In recent months, there was an inappropriate trend in the growth of the country's large industries. The growth of these industries have now improved and reached plus 6.7 percent. The largest increase in production is related to the automotive parts industry.

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Inflation control; government's priority

Speaking about the formation of  the inflation monitoring committee, Iranian Economic Affairs and Finance Minister stressed: "Controlling inflation is the government's priority in the country because we had 4 years of inflation and that is why the existence of this committee is the right thing."

Khandouzi stated: "The Iranian President Ebrahim Raisi will be provided with a report in this regard on a wekly basis also."  

He went on to say: "The stability and prospects of the capital market have always been important for the government."

Iran to continue interacting with China





Iran's Minister of Economic Affairs and Finance said that regardless of what happens in Iran's economic relations with Western and European countries, the Islamic Republic would continue interacting with its strategic partners such as China.

Iran's President Ebrahim Raisi met with his Chinese counterpart Xi Jinping on the sidelines of the Shanghai Cooperation Organization (SCO) Summit in Samarkand, Uzbekistan, on September 16, 2022.

In his press conference on Monday and responding to Iran Press question regarding the details of the 25-year strategic cooperation agreement between Iran and China, and its potential economic effects, Minister of Economic Affairs and Finance Ehsan Khandouzi stated that the administration's policy is to follow up dynamic economic diplomacy based on the neighboring countries.

"In this strategy, big economies like China, which are among the top and most influential ones both in Asia and in the world, have a special role," Khandouzi added.

"During the meeting of Iranian President Ebrahim Raisi with his Chinese counterpart Xi Jinping on the sidelines of the Shanghai Cooperation Organization (SCO) Summit in the Samarkand, Uzbekistan, the two sides discussed the way to implement Iran-China 25-year strategic cooperation agreement, which indicates mutual strong will for more cooperation," he said.

About Iran's oil sale to China, the Iranian finance minister said: "Agreements were made between Iran and China, and as soon as they are implemented, I will announce the exact value of these agreements."


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