The 4th Furniture and Decor Exhibition opened on Tuesday in Tehran and will run through December 19. More than 200 companies are participating in the event, which is offering their products at a…
Domestic Economy
The government has banned the import of bulbs, buds and foliage of all types of plants from Southeast Asian countries, including China, Hong Kong, Brunei, Cambodia, Indonesia, Laos, Malaysia,…
Two new border crossings will be established on the Iran-Iraq border in the near future, according to Iraq’s Ministry of Interior. The two new border crossings include one in Ali Al-Gharbi…
Iran is all set to join World Trade Organization in the new climate following the conclusion of the nuclear deal, better known as the Joint Comprehensive Plan of Action, said Minister of…
Iran tops the list of world’s pomegranate producers, says an official with the Ministry of Agricultural Jihad.
An exhibition of dried fruits, nuts and food has opened on the occasion of the Iranian festival of Yalda Night at Tehran’s Mosalla on Monday. Yalda Night is celebrated on the longest night of the…
Some 39,000 tons of livestock products worth $48 million were exported from Khorasan Razavi Province from March to October, indicating a 23% increase in value compared with the similar period of a…
East Azarbaijan Province is estimated to produce 1.3 million tons of apple in the current Iranian year (to end March 19, 2016), which will be 40% more than last year’s production, according to the…
Seyyed Kamel Taqavinejad, serving as the managing director of Bank Sepah, has been named by the Cabinet on Sunday to replace Ali Askari as the head of Iran’s National Tax Administration.
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The nuclear agreement between Iran and P5+1 signed in Vienna on July 14 opens a range of economic opportunities both for Iran and its traditional trading partners in Asia and Europe.
As of December 22, foreign trade statistics will be updated on the Iran Customs Administration’s website (http://www.irica.gov.ir) on a daily basis, announced to the head of IRICA, Masoud…
The import of ornamental plants from China has been banned “until further notice”, Trade Promotion Organization of Iran announced, following reports from the Ministry of Agricultural Jihad that…
More than $1.8 million worth of stones were exported from Lorestan to Germany, Turkey, China, Greece, Romania, the UAE and Iraq during the seven months ending October 22, indicating a more than…
Iran will hold an exclusive trade exhibition in Oman’s capital Muscat on January 26-30. The event is aimed at increasing cooperation with Oman’s businesses to boost the share of Iranian companies…
Iran and Russia have signed a contract worth €1.2 billion on electrifying the 450-kilometer-long Garmsar-Incheh Boroun Railroad in northern Iran, announced the general manager of Northern Iran…
Iran is approaching a turning point in its economic fortunes. Mismanagement of gains from crude oil sales in the past administration, the 2012-13 economic stagflation and the drop in crude oil…
Close to $27.3 billion worth of non-oil goods were imported during the eight months ending November 21, according to the latest data released by Iran Customs Administration.
The top…
Azerbaijan’s President Ilham Aliyev has issued a decree for accelerating the construction of the Azerbaijani section of the International North-South Transport Corridor in cooperation with Iran…
The second meeting of Iran-Turkey Preferential Trade Agreement Committee was held in Ankara last week where the representatives of Iran’s Trade Promotion Organization and Turkey’s Economy Ministry…
The parliament has criticized the government for not meeting its deadline of presenting its budget for the 2016-17 fiscal year (starting March 21) for review.
The government has a mandate…
One week after the liberalization of airplane ticket fares, deputy head of Islamic Republic of Iran Railways, Mohammad Rashedi, has announced that rail fares are to rise by 8% on average as of…
More than 2,600 tons of hand-woven carpets worth $142 million were exported from March to October, which indicate a 15% and 14% decline in volume and value respectively compared with the similar…
The slowdown in exports is partly to blame on the imposition of 9% Value Added Tax on exported commodities, whereas in other countries the rate is at 3-4%, says the head of Tax, Labor and Social…
With the cooperation of private sector, a working group has been formed with a mandate to prepare a strategic paper for the textile industry, says the director general of Textile, Apparel and…
Although in the past two years government officials have reiterated Iran’s need to procure 400-500 passenger planes after the sanctions on Iran’s nuclear energy program are lifted, other aviation…