More than 8.4 million tons of non-oil goods were imported via Shahid Rajaei Port in the southern province of Hormozgan during the 11 Iranian months ending Feb. 19, registering a 28% decrease…
Domestic Economy
An exclusive summit will be held in London on March 9 to examine the opportunities and challenges surrounding Iran’s reintegration into the global economy.
The government is short of cash, despite having considerable assets at its disposal, Economy Minister Ali Tayyebnia said on Tuesday evening.
It is working to utilize those by first creating…
The government has run into a 450-trillion-rial ($12.8 billion) deficit in the current Iranian year (ending March 19), according to government spokesperson, Mohammad Baqer Nobakht, state-owned…
Iran will soon be equipped with modern steelmaking technologies, said the CEO of the world’s fourth largest steelmaker, POSCO E&C.
Bushehr’s 11-month customs revenues fell 30% to $526.8 million over the similar period of a year before. More than 24.5 million tons of goods, worth $12.5 billion, were exported via the southern…
Tehran’s Chamber of Commerce, Industries, Mines and Agriculture, and the Institute for Economic Promotion of the Austrian Economic Chambers, known by its acronym WIFI, signed a memorandum of…
A delegation of South Korean officials and economic players, headed by Nam Kyung-pil, governor general of South Korea’s most populous province Gyeonggi, met members of Iranian Qazvin Province’s…
President Hassan Rouhani and his allies in Iran’s new parliament will set their sights on rebuilding the economy, Bloomberg reported in its analysis of the post-election scene.
With…
Iran’s contract-signing spree gained steam, as Islamic Republic of Iran Shipping Lines and Singaporean trade minister signed a memorandum of understanding on shipping cooperation in Tehran on…
South Korea’s lack of oil, petrochemical and mining industries and Iran’s need for technical expertise would make the two countries complement each other, a senior South Korean Official said.
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The Czech Republic is ready to invest in Gilan Province’s transportation sector, said the European country’s charge d’affaires to Iran.
Rail freight transit recorded a 120% surge in the 11 Iranian months ending Feb. 19, compared with last year’s corresponding period, IRNA quoted Hossein Ashouri, deputy head of the Islamic…
Iran has exported 45,700 tons of livestock in the current Iranian year (to end March 19, 2016), showing a 48% increase compared to last year, said an official with the Ministry of Industries,…
A mission from the United Nations Conference on Trade and Development, headed by Joakim Reiter, deputy secretary-general of UNCTAD, discussed issues of mutual interest with Iranian officials. The…
About 1,500 convertible balconies, the latest product of Caspian Noavaran Sanat Mazand Company, will be annually exported to Russia in the next Iranian year (starting March 20, 2016), IRNA…
South Korea is ready to share its technology with Iran and help the country achieve its envisioned 8% economic growth, said the Korean Minister of Trade, Industry and Energy Joo Hyung-hwan on…
Singapore and Iran signed a bilateral investment treaty to bolster bilateral trade and investment in Tehran on Monday.
The treaty was signed by Singapore's Minister for Trade and Industry S…
Iran is planning to eliminate trade deficit in the food sector, the agriculture minister said.
“In the agriculture sector, we have focused on the food trade balance. We are trying to push…
Saffron production increased by 20% in the current Iranian year (to end March 19, 2016), compared to last year, to reach 300 tons, a saffron exporter said. “Price fluctuations have, however,…
Close to $1.5 billion worth of clothing have been smuggled into the country so far this Iranian year (to end March 19, 2016), says the head of the Ministry of Industries, Mining and Trade’s…
The first Iranian container ship carrying petrochemicals will dock in Europe in the coming days, managing director of the Islamic Republic of Iran Shipping Lines, Mohammad Saeedi, announced…
During Chinese President Xi Jinping's visit to Tehran in January, Iran and China agreed to cooperate in a number of areas, including energy, transportation, railroads and ports.
Iran and Sri Lanka concluded the 11th session of their Joint Commission for Economic Cooperation in Colombo last week. The first trade talks with Sri Lanka by a post-sanctions Iranian…
Deputy Minister of Industries, Mining and Trade Mojtaba Khosrotaj arrived in Slovakia on Friday to meet with the European country’s officials and participate in a forum on the outlook of economic…
