More than 6,000 tons of hand-woven carpets were exported over the past 11 months of the current Iranian year (ends March 20), registering a 32% rise compared with the similar period last year,…
Domestic Economy
The second production line of the joint Iran-Croatia cigarette manufacturing company was inaugurated in the northern city of Sari in Mazandaran Province, Mehr news agency reported. The two…
Iran’s water crisis has surpassed the critical point. But even as citizens are faced with the crippling challenge on a daily basis, the approach adopted by the relevant authorities show no sign of…
South Khorasan Province is a suitable and secure gateway for trade development between Iran and Afghanistan, Afghan ambassador to Iran, Nasir Ahmad Nour said on Sunday, adding: “Afghanistan is on…
Iran has long been regarded as an untapped market by foreign investors that believe the country’s rich energy resources and mineral reserves offer a great opportunity for investment. Many foreign…
Iran accounts for less than one percent of the global market for Halal foods, according to member of parliament and head of the parliament’s Social Commission, Abdolreza Azizi.
The Supreme Labor Council on Sunday set the minimum monthly wage for the upcoming Iranian fiscal year (starting March 21) at 7.12 million rials ($254 based on the official exchange rate), which…
“The government will identify high-income households [to be excluded from the cash subsidy list] based on the place of residence, household size and income level,” Member of Parliament’s Joint…
Bureaucracy and graft are seen as some of the primary reasons undermining business and pushing entrepreneurs and investors further away. It has also saddled productive sectors of the economy,…
The ‘Quinoa Project’, a global project to cultivate quinoa on a trial run is being implemented in seven regions of Iran including Iranshahr in collaboration with Food and Agriculture Organization…
A study of three macroeconomic indicators, namely inflation, economic growth rate and unemployment over the past 11 months since the beginning of the current Iranian year (to end March 20)…
Nearly 1.5 million people are employed in the cooperative sector, said ISNA quoted deputy minister of cooperatives, labor and social welfare, Hamid Kalantari as saying on Sunday. The government…
Iranian and Turkish officials on Sunday signed 11 memorandums of understanding (MoU’s) to further develop cooperation in banking and customs affairs, IRNA reported on Sunday.
Nearly $163 million worth of different goods have been exported from South Khorasan Province to neighboring Afghanistan since the beginning of the current Iranian year (to end March 20),…
Minister of Cooperatives, Labor and social Affairs, Ali Rabei says 600,000 new jobs have been created by the current administration, adding that 8 million employees in the country do not have…
Suitcase trade –purchasing consumer goods where prices are low and later selling them elsewhere for profit— between Iran and the Commonwealth of Independent States (CIS) amounted to $74.3 million…
The head of the Islamic Republic of Iran Customs Administration (IRICA) says foreign fruits in the market have not been legally imported; the daily Ta’adol reported on Saturday. Masoud Karbasian…
Ever since the so-called ‘subsidy reform plan’ was launched in December 2010, the government has been annually spending nearly 420 trillion rials (about $15 billion at official exchange rates) on…
Head of Iran’s Chamber of Commerce, Mine, Industries and Agriculture, Gholam-Hossein Shafei, said on Saturday that President Hassan Rouhani’s official trip to Turkmenistan marked a new era in…
Iran is ready to supply the Republika Srpska in Bosnia and Herzegovina with oil-based products, Iran’s ambassador to Sarajevo, Seyed Hossein Rajabi, said in a meeting with Vice-President of…
Iran signed a memorandum of understanding (MoU) with Azerbaijan to expand transit and transportation cooperation with the northern neighbor, IRNA reported on Saturday.
China has been the biggest exporter to Iran over the past 11 months of the current Iranian year (to end March 20), exporting $11.58 billion worth of goods during the period, ISNA cited data…
Statistics released by the Iran’s Customs Administration (ICA) on foreign trade in the 11 months ending to February 19 indicate that Asia accounted for 77 percent of Iran’s total…
Given Iran’s geographic proximity, the transit and transport potential should be developed to substitute oil income, Vice-president of Tehran chamber of commerce…
Iran and Turkey have been pursuing closer economic ties over the past two decades. Iran penned its first preferential tariff agreement (PTA) with Turkey when Prime Minister Recep Tayyip Erdogan…
