Italy is poised to sign deals worth about €17 billion ($18.4 billion) with Iran during President Hassan Rouhani’s visit to Rome, which started on Monday, an Italian government source said.
Domestic Economy
Iran’s non-oil foreign trade during the 10 months ending January 20 stood at $69.45 billion, according to the latest report by the Islamic Republic of Iran Customs Administration.
The $11 billion clothing market in Iran, coupled with the lack of competitiveness and diversity, has created a fertile ground for rampant garment smuggling, which poses an existential threat to…
South Korea launched a business center to support local firms exporting to Iran on Monday, as the Islamic Republic is opening its market following the recent lifting of western sanctions, the…
Majlis Planning and Budget Commission on Sunday approved the outlines of the budget bill—on an 18-2 vote—for the upcoming Iranian fiscal year (starting March 20. The government’s general…
The export of eggs from Semnan to Iraq during the 10 months to January 20 stood at 560 tons, says director general of the Iranian province’s Veterinary Department. Mohammad Saeedi added that…
Iran meets up to 80% of domestic demand for pesticide, said Chairman of Pesticide and Fertilizer Importers Association Seyyed Mehdi Hosseini Yazdi, Mehr News Agency reported.
Deputy Agricultural Minister Mohammad Ali Tahmasebi said Iran is considering Russia as a potential export market for Iranian apples amid a surplus. Apple production stands at 3.5 million tons this…
With the lifting of the long-lasting global economic sanctions on Tehran, Turkish ready-to-wear retailers are among the first to launch a lucrative stream of foreign investments in Iran.
Iran is the world’s sixth and Asia’s third largest producer of chicken with an annual production of 1.8 million tons, according to Iran Veterinary Organization. Iran’s poultry industry is home to…
The civil aviation industry in Iran is entering 2016 on a highly positive note with immense scale and scope for foreign companies and aircraft manufacturers, the minister of roads and urban…
South Korean products’ market presence in Iran has fallen over the past few years despite higher export volume, due to China increasing its sales at a faster pace.
According to data…
With Iran rejoining the global economy, Japanese companies are lining up to resume business ties with the oil-rich Middle Eastern market.
Iranian traders are banned from reexporting Turkish products to Russia, said deputy head of Trade Promotion Organization of Iran.
Iran is in talks with German airline TUIfly to lease passenger aircraft. “Talks are underway, but no decision has been made so far regarding the number of planes and the operation’s starting date…
Iran is in talks with Russia to outsource wood production to the forest-rich country, said the head of Forests, Range and Watershed Management Organization affiliated with the Agricultural Jihad…
Iran is pushing full throttle to reestablish business with the rest of the world, as western companies move cautiously to renew ties abandoned during international economic sanctions that largely…
Chinese President Xi Jinping arrived in Tehran late on Friday to discuss improvement of economic and political ties after the lifting of western sanctions.
He has also visited Saudi Arabia…
The goods and services Consumer Price Index for urban areas increased by 12.2% in the 12-month period ending January 20, which marks the end of the Iranian month of Dey, compared with last year’s…
UK forwarding and logistics services group Seafast Logistics this week announced the formation of a joint-venture partnership with long-established Iranian logistics provider Seven Seas Tehran.…
South Korea aims to double exports to Iran in two years, as construction and shipbuilding firms are seen benefiting from the lifting of international sanctions on the Middle East country, its…
Iran’s Minister of Roads and Urban Development Abbas Akhoundi met with Armenia’s Transportation Minister Gagik Beglaryan in Tehran on Tuesday to discuss ways of expanding cooperation in the…
The 5th Amusement and Attraction Industry, Parks and Playgrounds Exhibition “Amtech 2016” will be held at Tehran’s International Fairground from February 16-19. The event is aimed at promoting the…
Iranian-Turkish economic relations will have the lion’s share of advantages that will accompany Iran’s normalization of ties with the international community.
Trade volume between the two…
Manufacturers of Czech Republic can offer German quality products to Iranians at more reasonable prices.
This was announced by Czech Republic’s Minister of Industry and Trade Jan Mladek,…
