Oman will soon begin importing agricultural products from Iran, said a member of the Omani trade delegation during a visit to Iran’s southern province of Khuzestan.
Domestic Economy
Brazil will accept payment from Iran in euros and other currencies for planes, cars and machinery to sidestep lingering US sanctions on the oil-rich nation, said Trade Minister Armando Monteiro.…
The resolution of financing and insurance issues faced by Iran could open the gate to many areas of cooperation with German businesses, said the head of Tehran Chamber of Commerce, Industries,…
Iran exported more than 76 tons of saffron worth $160 million to 47 countries during the 10 months ending January 20, said the head of Khorasan Razavi Saffron Exporters Association.
A meeting between economic players from Iran’s Khuzestan Province and a visiting Omani commercial delegation was held in the provincial capital city Ahvaz on Monday.
The Sixth Iranian Steel Market Conference opened in Tehran on Tuesday with steel giants from across the world and Iran's key industrial players in attendance.
A joint venture between the Islamic Republic of Iran Shipping Lines and German shipping company PWL will commence in March as part of a memorandum of understanding signed during a visit by IRISL…
Tehran and Kabul have agreed to hold the fifth session of their joint economic commission after the Iranian elections, says Afghan Chief Executive Officer Abdullah Abdullah. The upcoming joint…
The arrival of the first cargo train from China on Monday marked the revival of the ancient Silk Road. Loaded with commercial goods, the train set off from Yiwu City in China’s Zhejiang…
An Italian trade delegation, including representatives of pharmaceutical, construction, power, auto and electronic companies, arrived in Alborz Province on Monday for a second visit.
Diana Kinch, senior editor of Steel Business Briefing, a subsidiary of Platts, interviewed Alireza Bakhtiari, the managing director of Financial Tribune and its sister publication, the Persian…
For Iranian businesses, Iraq is a huge market.
In recent years, sanctions imposed over Iran’s nuclear program posed a major obstacle to Iranian industries both in domestic and foreign…
The first trial run of a train from China is expected to arrive at the border station of Sarakhs located in Iran’s northeastern Khorasan Razavi Province on Monday, following an agreement reached…
Iran imports $3 million worth of toys monthly, an Iranian official said. IRNA also quoted Mohammad Hossein Farjou as saying that foreign products account for 90% of Iran’s toy market. “The per…
About 2.8 million tons of steel and its products valued at $763 million were exported from March to December 2015, which makes the metal Iran’s fourth biggest exported commodity during the period…
China will provide Iran with an additional $20 billion of financing over the next five years as part of the agreements made between the two countries, says the head of Iran-China Chamber of…
Simplifying tariff and duty regulations will be a priority for the government in the upcoming fiscal year. IRNA also quoted the head of Iran’s Customs Administration, Masoud Karbasian, as saying…
An investment worth 8,000 billion rials ($264.65 million at market exchange rate) is needed to add 800,000 new jobs every year, says Minister of Cooperatives, Labor and Social Affairs Ali Rabiei.…
As decreed by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, combating fruit smuggling is a national duty, says deputy agricultural minister, Mohammad Ali Tahmasebi. “Imports of…
A 60-strong business delegation comprising members of Tehran Chamber of Commerce, Industries, Mining and Agriculture started a tour of Germany on Sunday to meet with private sector business owners…
In a bid to promote non-oil exports, Trade Promotion Organization of Iran has proposed the allocation of 10,000 billion rials ($330.83 million at official exchange rate) as export incentives in…
The Iranian economy will "definitely exit recession next year and we will experience an unprecedented growth", Economy Minister Ali Tayyebnia said on Sunday.
Tayyebnia shared his thoughts…
Kish Airlines, which operates in Iran’s southern tourist hub and free trade zone of Kish Island, has signed a contract with French planemaker Airbus to buy two A321 passenger planes, which will be…
Russian rolling stock and defense group Uralvagonzavod has completed a Type 12-581-01 open wagon custom-designed for export to Iran by its Ural Design Bureau of Wagon Construction. This has been…