Non-oil goods worth more than $1.1 billion were exported by the cooperative sector during the past Iranian year (ended March 20), deputy minister of cooperatives, labor and social welfare, Hamid…
Domestic Economy
The government is inching forward with the implementation of its new social housing plan.
Already last year, the Rouhani administration seemed determined to push through with the much-…
The Road Maintenance and Transportation Organization's (RMTO) budget for the current Iranian year (started March 21) has increased by 30% to 37 trillion rials ($1.12 billion at market exchange…
Iran is determined to reach a preferential trade agreement (PTA) with Indonesia, head of Trade Promotion Organization (TPO), Valiollah Afkhamirad, said on Saturday, addressing a meeting with an…
The government has tacitly given the greenlight to the private sector to forge trade ties with the US, announced head of Iran chamber of commerce, industries, mines and agriculture, Gholamhossein…
In a meeting held in the city of Mashhad, the capital of the northeastern Khorasan Razavi Province, between provincial officials of the Agricultural Jihad Organization and representatives of…
According to data released by the ministry of industry, mine and trade, domestic production of most home appliances grew over the past Iranian calendar year (started March 20). About 1.9 million…
More than 37% of medical equipment used in Iran has been imported, according to Secretary of Iran Industrial Equipment Manufacturers Association (SATSA), ISNA reported. Imaging equipment such as…
Iran and Canada’s trade relations, once severed by political animosity, is expected to take a new turn with the Iranian private sector gearing up to introduce to the Canadians the possibilities of…
The Iraqi government has officially stepped back from its decision to increase the transit fees imposed on Iranian trucks crossing Mehran border terminal, according to Ilam Province governor-…
The government plans to increase revenues from non-oil exports, including the export of services, to $77 billion by the end of the current Iranian calendar year (started March 21), deputy…
Iranian and Indonesian officials during Iran-Indonesia 11th economic cooperation meeting, which was held in Tehran, called for promotion of bilateral banking, business and investment relations,…
Iran has been seeking to join the World Trade Organization (WTO) for nearly two decades now – a long wait by WTO standards. The country has been WTO observer member since 2005 when its application…
Representatives from 25 countries, including England, Austria, Italy, Germany, Switzerland, France, Japan, China, India, South Korea and the UAE, will participate in Agrofood 2015 Exhibition,…
About 10,000 billion rials (about $360 million based on the official exchange rate) has been allocated to support the agriculture sector, ISNA quoted Agriculture Minister Mahmoud Hojati as saying…
In a meeting held in the Russian capital Moscow, Iranian and Russian foreign ministry officials have finalized a consular cooperation treaty in a bid to expand bilateral relations pertaining to…
The east-central Kerman Province accounts for about 50 percent of Iran’s date exports, IRNA quoted head of Karman’s Date Association, Mohesen Rashidfarrokhi, as saying.
Years of sanctions imposed on Iran over its nuclear energy program have restricted the country’s trade with the international community.
Although imports from India have experienced ups and downs over the past four years, exports to the country have remained more or less the same.
With an average $2.4 billion, India comes…
In its latest report on the global economic outlook in 2015-2016, the United Nations has predicted the inflation rate in Iran to reach 14% by the end of 2015, and 12% by the end of 2016. The…
While there is no reliable data on the exact amount of contraband smuggled into the country, Habibollah Haghighi, head at the Central Taskforce to Combat the Smuggling of Goods and Foreign…
Iranian and Afghan officials have signed a memorandum of understanding on road cooperation to facilitate transportation between the two neighboring countries. The deal was signed by…
Minister of Cooperatives, Labor and Social Affairs, Ali Rabi’ie says the government has no intention to stop payment of cash subsidies to low and middle-income households, adding that provisions…
Iran's trade surplus has grown since the beginning of the current Persian calendar year (March 20), with the country recording $7.7 billion in exports and $5.5 billion in imports in the two-month…
Iranian and Serbian officials in a meeting in Tehran on Tuesday explored avenues to expand bilateral trade, with both sides calling for the establishment of Iran-Serbia joint economic committee by…