Economic reform should be the government’s top priority in the post-sanctions era, says Emeritus Professor of Economics at the University of Cambridge.
Domestic Economy
The Conference on Finance and Foreign Investment in Iran is due to be held on November 8-9 at Tehran’s Shahid Beheshti University.
The government is planning to revive cotton farming in the northern Golestan Province, according to the head of Cotton and Oilseeds Department of Golestan’s Agricultural Jihad Organization.
About 3.4 million tons of apples were produced in the current crop year, indicating a 15% growth compared to last year, says Mojtaba Shadlou, the head of Farmers Union. Shadlou noted that half of…
Iran has climbed in the World Bank’s “Doing Business” ranking from last year’s 119 to 118 among 189 countries, reported WB’s latest Doing Business report for 2016 released on October 27. Singapore…
Hand-woven carpet exports to the United States will resume from early 2016, announced the head of Iran National Carpet Center, Hamid Kargar.
Iran experienced positive economic growth in the first quarter of the current Iranian year (March 21-June 21), said the head of Statistical Center of Iran, Adel Azar, without providing a specific…
The bill to establish two new free zones of Sistan (in southeast Iran) and Baneh-Marivan (near the western border) was passed by the High Council of Iran Free Trade-Industrial Zone on Monday and…
Iran has discussed the establishment of a new transit corridor to Europe—an alternative to the current route that passes through Turkey—with Azerbaijan, Armenia, Georgia, Bulgaria, Italy and…
Iranian Economy Minister Ali Tayyebnia said Iran and Brazil plan to raise bilateral trade to $5 billion, adding that the target is within reach in view of the two countries' potential.
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Iran and Finland discussed avenues of cooperation and investment opportunities in the new economic climate following the lifting of sanctions against Iran over its nuclear energy program.
The biggest value added in textile industry is generated in garment workshops, says the deputy head of the Association of Iran Textile Industries.
Alimardan Sheibani, who is also a…
Esfahan Steel Company will start producing rail by the end of the current Iranian year (March 19, 2016), with the aim of reducing reliance on imports amid growing need to expand railroad…
Cigarette production during the first half of the current Iranian year dropped 30% in terms of weight compared to last year’s similar period, says Mohammad Hossein Barkhordar, director general of…
About 38,000 tons of goods worth $31 million were exported from Ardabil Province, during the first half of the current Iranian year (started March 21), indicating a 24% decrease in weight and 2%…
Ukraine is a viable source for Iran’s grain and nut imports, says head of Iran-Ukraine Joint Trade Council.
Due to its large-scale grain production, and vast fields of wheat and other food…
News of the deal reached between Iran and the West on July 14 over the scope of Tehran’s nuclear energy program and economic sanctions against the country has grabbed headlines in the world media…
Brazil’s President Dilma Rousseff has time and again underlined the importance of expanding ties with Iran, said the Brazilian Minister of Development, Industry and Foreign Trade Armando Monteiro…
The Producer Price Index in the 12-month period ending September 22, which marks the end of summer, increased 6.6% compared to the same period of last year. Mehr News Agency also cited the…
The goods and services Consumer Price Index for urban areas increased 13.3% in the 12-month period ending October 22, which marks the end of the Iranian month of Mehr, compared to the similar…
Products of the industrial sector top the list of Iran’s non-oil exports in the first half of the current Iranian year (started March 21), whereas exports of carpets and handicrafts stand at the…
Iranian dairy products have passed Russia’s health inspections and are ready for export, says Russia’s Federal Service for Veterinary and Phytosanitary Surveillance, Rosselkhoznadzor. “To start…
Iran, the second-largest wheat consumer in the Middle East, will export 400,000 tons of the grain after domestic production increased.
Iran bought 8.08 million tons of wheat from local…
More than 31,000 tons of dates worth over $60 million were exported to about 50 countries, during the first half of the current Iranian year (started March 21). The main export destinations were…
While almost all countries are members of the World Trade Organization, Iran has the largest economy of those that are not.
WTO is an international organization that governs trade among…