The first outcome of the removal of sanctions is a 10-15% decline in the costs of trading, said the Central Bank of Iran governor. Valiollah Seif added that this would help improve the…
Domestic Economy
Bombardier, the Montreal-based manufacturer of planes and trains, is exploring how to enter the Iranian market now that western anti-Iran sanctions have been lifted. This is while the company…
Pakistan has decided to initiate a free trade agreement with Iran following the lifting of sanctions on Tehran. In a meeting with the newly-appointed Ambassador of Iran to Pakistan Mehdi…
Kabul has called on Tehran to review the state of its trade ties with Afghanistan and move toward investing and establishing production factories in the country, instead of regarding it as an…
Although the UAE lately downgraded its diplomatic ties with Iran in the wake of tensions between Riyadh and Tehran, many believe the opportunities arising from the recent removal of western…
After the United States and the European Union announced on Saturday the end of Iran’s sanctions, the Brazilian government estimates that trading between the two countries will triple over the…
Russia is ready to set up a “green corridor” to trade agricultural products with Iran, Russian minister of agriculture said.
Alexander Nikolayevich Tkachyov made the statement after meeting…
An Italian construction group said on Tuesday it had signed a preliminary agreement with Iran to build five hospitals, just after the lifting of economic sanctions against Tehran in a deal over…
Lord Lamont has been appointed the UK’s trade envoy to Iran as part of a wider government attempt to reverse Britain’s underwhelming record of exports. The appointment of the former chancellor to…
The Istanbul Chamber of Commerce (ITO) is seeking to expand Turkey and Iran’s trade ties, the chamber announced in a press statement on Monday.
“We need to bring our commerce and…
German Chancellor Angela Merkel will visit Iran in the coming months, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture. “Although the visit has not been…
Iran and China will sign rail contracts during Chinese President Xi Jinping’s upcoming Iran visit, which is scheduled for January 22 to 23, said managing director of the Islamic Republic of Iran…
Britain’s export finance agency is ready to offer financing to civilian aircraft exports to Iran, the head of its aviation finance section said on Monday after sanctions against the country were…
The government's newly drafted direct taxation code overhauls tax exemptions, adds new taxpayers and is geared toward boosting manufacturing, says the economy minister.
The new code will go…
Iran’s main economic challenge is its oversized government.
Economy Minister Ali Tayyebnia made the statement at a forum dubbed “JCPOA Implementation: A New Chapter in Iran’s Economy” in…
According to the latest figures released by the Statistical Center of Iran, the unemployment rate in the third quarter of the current Iranian year (September 23-December 21) stood at 10.7%.
The Italian government is planning to offer up to €8 billion ($8.71 billion) in financing for companies to invest in Iran, as they expect Italian exports to Iran to quadruple in two years.
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The private sector accounts for 20% of Iran’s economy, says the treasurer of Iran Chamber of Commerce, Industries, Mines and Agriculture. “This meager share cannot be attractive to potential…
Iran exports about 300 tons of eggs on a daily basis, said chairman of the Union of Egg-Laying Hen Farmers. Reza Torkashvand added that the eight months to November 21 saw exports of 68,000 tons…
Illegal imports account for 75% of all the goods smuggled into and out of Iran, according to the head of Central Taskforce to Combat Smuggling of Goods and Foreign Currency. Habibollah Haqiqi said…
Integrated systems have opened up new vistas for fish farming in regions with limited water resources such as Iran’s South Khorasan Province.
Integrated fish farming systems refer to the…
European businesses were set on Sunday to speed back onto the Iranian market, hours after western sanctions were lifted on Iran in exchange for Tehran’s pledge to limit its nuclear program.
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Two trade delegations from Central Europe have been the first to visit Iran since the UN nuclear watchdog proclaimed that Iran has complied with the July 14 nuclear deal it brokered with world…
German industry expects a steep rise in exports to Iran following the lifting of sanctions and Economy Minister Sigmar Gabriel says he would seek to drum up trade during his visit to Tehran in…
Japan is expected to send a business delegation to Iran as early as Monday to explore opportunities there. Japan’s Foreign Minister Fumio Kishida visited Iran in October and struck an investment…
