The Statistical Center of Iran has recorded 14.1% growth in the goods and services Consumer Price Index for urban areas in the 12-month period ending July 21, which marks the end of the fourth…
Domestic Economy
A member of the Parliament’s Urban Development Commission, Mehrdad Lahouti, has announced the acquisition of new passenger aircraft by Iran Aseman Airlines. “The planes have been delivered and…
Iran’s market is not the one-way street for import of goods and machinery from Europe it used to be a decade ago and Iranians are interested in bilateral trade, said Minister of Industries, Mining…
The first quarter of the current Iranian year (started March 21) saw the import of 9.4 million tons and exports of 12.49 million tons of oil-based and non-oil goods via the country’s land and…
Iran’s leather industry has been severely affected by the lack of suitable infrastructure and government support in the past three decades, as a result of which many leather factories have been…
The average retail prices in Tehran decreased 12.6% for fruits and 2.4% for eggs, and increased 4% for chicken meat, 1.6% for vegetables, 0.6% for sugar, 0.2% for beans and 0.1% for dairy products…
Head of Wood and Fiberboard Retailers’ Union, Esmaeil Elahian, says due to a recent government ban on logging, the domestic wood demand has to be met through imports. According to the official,…
Plans are underway by Trade Promotion Organization of Iran to select the top Iranian brands for the first time in the country.
Chicken exports continue to Iraq despite the recent rumors regarding a halt in exports due to an outbreak of avian flu, said the deputy minister of agriculture in livestock production affairs. “So…
Until further notice, bananas, pineapples, coconuts and mangos can be imported with no permit requirement from the Ministry of Agriculture to prevent any monopolies in fruit imports, announced the…
Deputy minister of cooperatives, labor and social welfare Seyed Abolhassan Firouzabadi has warned about the low economic participation rate of Iranian women compared to global standards.
Around 80% of Iran’s saffron is grown in Khorasan Razavi Province, announced Hashem Naqibi, who is an official with the province’s Agricultural Jihad Organization.
“It is not wrong to say…
Director-general of Mazandaran Province’s Customs Bureau, Abolqasem Yousefinejad, says Kazakhstan will make new investments in northern ports of Iran, namely Mazandaran’s Amirabad Port in the near…
An Indian trade delegation led by deputy director of the Confederation of Indian Industry Aditya Ghosh is wrapping up a week-long visit to Iran today. Their tour included a meeting with the…
A high-ranking Italian delegation comprised of Italian Foreign Minister Paolo Gentiloni and Economic Development Minister Federica Guidi is scheduled to travel to Iran on August 4 for a two-day…
Top officials and traders from Iran, Austria, France, the UK, Germany and other countries gather today at the two-day “Iran-EU Conference on Trade and Investment” held in the Austrian Federal…
A one-day business and trade conference with Turkmenistan will be held in Tehran on July 26, alongside the Iran-Turkmenistan Economic Commission.
The removal of sanctions imposed on Iran by the United States, the European Union and the United Nations would ease imports related to the agriculture sector such as high-quality seeds and…
TecnoFerrari, one of the oldest foreign companies active in Iran’s tile industry, is among the participants in the 23rd International Tile, Ceramic and Sanitary Ware Exhibition (Cerafair 2015),…
Hand-woven carpet exports to the US will increase considerably after the lifting of sanctions, said the Head of Iran National Carpet Center. “Hand-woven carpet manufacturers must observe the…
In the post-sanctions era Iran will pick and choose its trade partners rather than being chosen by others (under the sanctions regime), First Vice President Es’haq Jahangiri said Tuesday.
“…
The German economic and trade delegation headed by the country’s Vice Chancellor and Minister of Economy and Energy Sigmar Gabriel traveled to Isfahan and met with the governor of the central…
The import tariffs on South Korean home appliances have increased from 40% to 80%, said deputy minister of industries, mining and trade Valliolah Afkhami Rad.
Iran will soon be open for business. That means more oil going out, but also everything from airplanes to cars going in, with Asian manufacturers set to be among the biggest winners.
The cooperative sector’s share in the national economy is expected to reach at least 15% in the sixth five-year economic development plan (2016-2021), said the general director of the Promotion,…