Expansion of trade ties with neighboring countries has long been one of the priorities of Trade Promotion Organization of Iran.
The country has fared well in creating trade relations with…
Domestic Economy
Vegetable oil prices are to increase 6% after two years of price stability, said the Secretary of Association of Vegetable Oil Producers. “Vegetable oil prices will increase based on a new…
The number of trade delegations visiting Iran in the first quarter of the current Iranian year (started March 21) increased by 133% compared to the same period of last year, said Vice President of…
Hotels in central Tehran have been booked out over the past few months by a steady influx of international business executives visiting Iran’s capital, despite negotiators constantly extending a…
Iran is ready to strengthen economic ties with Algeria in light of favorable political relations between the two countries, said Minister of Roads and Urban Development Abbas Akhoundi in a meeting…
The economic policies outlined in the sixth five-year development plan (2016-21) focus on the development of railroad transportation and upgrading the railroad infrastructure.
Deputy Minister of cooperatives, labor and social welfare, Koroush Parand, in a meeting with the Brazilian ambassador to Iran called for a memorandum of understanding on technical and vocational…
The overall export price index fell by 5% in the third month of the current Iranian year (started March 21) compared to one month earlier, according to the Central Bank of Iran.The overall index…
About $60 million worth of agricultural products were exported through East Azarbaijan Province during the first quarter of the current Iranian year (started March 21), Mehr News Agency quoted…
About 9,000 tons of shrimps will be caught in the current Iranian year (started March 21), predicted an official with Iran Fisheries Organization.”The shrimp fishing season will begin in the…
The dairy market has stagnated due to high prices and the consumers’ loss of purchasing power, said the head of Dairy Traders Union. “Considering that there have been no increase in wages or…
Figures released by the Islamic Republic of Iran Customs Administration show that 23,000 tons of pistachio were exported during the first quarter of the current year (started March 21), which…
More than 148,000 tons of goods worth $77 million were exported through Golestan Province during the first quarter of the current Iranian year (started March 21), which indicates an 80% increase…
Western planemakers look set to reap billions of dollars in deals with Iran, if a nuclear deal is reached to allow one of the world’s most promising aviation markets to come out of quarantine.
Minister of Economic Affairs and Finance Ali Tayyebnia has issued instructions and directives to eight deputy ministers and heads of departments and organizations affiliated to the Economy…
Water-intensive farming in light of dwindling underground water resources is not economically feasible, a local agro-economist said, as reported by Eghtesad News. “Exporting water-intensive crops…
The implementation of Resistance Economy—a set of guidelines advocated by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei to decrease the country’s reliance on oil exports—will…
More than $4.62 billion worth of goods were exported to China, Iraq, the United Arab Emirates, India, Afghanistan, Turkey and Turkmenistan in the first two months of the current Iranian year (…
As nuclear talks between Iran and P5+1 approach a final conclusion, the Iranian private sector and market analysts are preparing for a new chapter of economic activities, seeking to sketch a…
As negotiations between Iran and world powers get close to a final deal to end a dispute over Iran’s nuclear energy program and to consequently remove western sanctions imposed on Iran’s aviation…
Until further notice, chicken can be exported with no permit requirement from the Ministry of Agriculture, reported the Trade Promotion Organization of Iran. “Unlike previous years, we are facing…
Risk-taking is the key to success for traders in the Iraqi market, said deputy minister of industries, mining and trade in economic and business affairs. “By identifying and tackling trade…
The number of freight wagons at Imam Khomeini Port increased by 14% to 6,957 in the first quarter of the current Iranian year (started March 21) compared to the same period of last year, said…
Head of Management and Planning Organization, Mohammad-Baqer Nobakht, says the government needs 10.63 trillion rials ($361 billion at official exchange rate) to achieve the 8% annual economic…
Minister of Roads and Urban Development Abbas Akhoundi accepted the Thursday resignation of the head of Iran’s Civil Aviation Organization, IRNA reported. Alireza Jahangiri’s resignation…
