Although the removal of western sanctions can open new vistas for Iran to engage with the international community, one should not expect that all the problems the economy has been grappling with…
Domestic Economy
Iran has signed cooperation agreements with Iraqi Kurdistan on various areas including agriculture and construction, IRNA quoted Ali Eghbalpour, deputy consul general of Iran in the Iraqi city of…
Nomads account for 25 percent of the country’s overall red meat production, deputy head of Nomadic Affairs Organization, Mir-Vali Safarzadeh, announced on Saturday, as reported by ISNA.
The government is planning to import 2 million metric tons of wheat during the current Iranian calendar year (started March 21) in a bid to avert possible shortage of wheat in the domestic market…
All commercial banks and credit institutions have been compelled by the Money and Credit Council (MCC) to lower the cap on deposit interest rates from the current 22 percent to 20 percent as of…
Head of western Ilam province’s Chamber of Commerce, Industries, Mine and Agriculture on Sunday spoke of a fivefold increase in transit fees imposed by Iraqi customs authorities on the Iranian…
The 15th Caspian Sea littoral states’ chambers of commerce summit was held in the port city of Anzali in northern Gilan Province April 29-30. According to IRNA, heads of chambers of commerce,…
Iran welcomes the idea of setting up a joint chamber of commerce with Singapore, which can help traders exchange information on the economic capacities of both sides, chairman of the Iranian…
Food exports are set to increase to $3 billion in the current Iranian calendar year (started March 21), according to the director general of health ministry’s food, medicine and health office.…
Tea plant harvest has officially started, head of Iran’s Northern Tea Farmers’ Union, Iraj Mousemi, announced as reported by ISNA. The official noted that out of 32,000 hectares of tea farms in…
Head of the Association of Iranian Confectionery Manufacturing Companies, Jamshid Maghazeie warned against irregular import of chewing gum, adding that chewing gum worth about 15 trillion rials ($…
Monthly producer price inflation decreased by 2.4 percent in the Iranian month of Farvardin (March 21-April 20), bringing the rate into single digit territory for the first time in years,…
The Iraqi government’s decision to triple import duties has given rise to concerns among manufacturers and traders, arguing that the decision will lead to reduced competitiveness compared with…
A trade surplus of $760 million was recorded in the first month of the Iranian calendar year (March 21-April 20) according to data released by the Islamic Republic of Iran Customs Administration (…
Iran and the Czech Republic have agreed on a tax treaty according to which businesses and traders from both countries will be exempt from double taxation mechanism, IRNA reported.
The…
South Korea is planning to expand its service trade with Iran in May in an effort to restore bilateral commercial ties; Eghtesad News reported, citing Seoul-based news agency Yonhap. …
The United States exported $30 million worth of goods to Iran during the first two months of 2015, which indicates a 24 percent increase compared to the corresponding period of the previous year,…
About 906,000 metric tons of glass, valued at $3 million, was exported from Qazvin province during the past Iranian year (ended March 20), which shows close to 36% decline compared with the…
Dairy producers of Iran as well as those of India may start supplying hard cheese to Russia, Tass news agency quoted an aide to the Russian agricultural watchdog chief, Alexey Alekseyenko as…
Iran Veterinary Organization (IVO) has issued import licenses for Indian buffalo meat to industrial food processing units only and wrongdoers who have let raw buffalo meat directly into the market…
Deputy cooperatives minister for social affairs, Ahmad Meydari, in a meeting with Mexican ambassador to Tehran, Ulises Canchola Gutierrez, called for expansion of South-South cooperation – a term…
After months of preparation, Expo Milano 2015 will open its doors to millions of visitors on Friday. Scheduled to run for six months until October 31, the event is a global platform for the…
Iran’s Minister of Economy, Ali Tayebnia, left Tehran for the Czech capital Prague on Wednesday morning to hold talks with the Central European country’s top economic officials, IRNA reported.
About 70,000 metric tons of chicken eggs were exported in the past Iranian calendar year (ended March 20), registering a record high compared to the preceding years, Eghtesad news quoted the head…
A delegation of 20 Pakistani officials, headed by the secretary general of the country’s southern Baluchistan province, took part in Iran-Pakistan Joint Border Meeting on Tuesday. The delegation…
