About 5,000 tons of olive oil is annually imported, the major part of which in fact is olive pomace oil –made from the residue left after producing virgin olive oil using industrial solvents – and…
Domestic Economy
Director general of the British-Iranian Chamber of Commerce Martin Johnston is hoping to lead the UK's first trade delegation to Tehran in years this October.
The delegation will include 15…
The decorative stone market has been going through a period of low demand with many processing units closed. While some blame the problem on poor exports resulting from low quality of Iranian…
The free trade zone project between Turkey and Iran is advancing as Iran seeks to reconfigure its relations with western countries. The project of establishing a free trade zone on the Turkish-…
More than $140 million worth of goods were imported from the United States in the first half of 2015, showing a 60% increase compared to the similar period a year before, US Census Bureau, a body…
The CEO of New Zealand’s giant multinational dairy cooperative Fonterra says Iran has “huge potential” as a destination for the company’s dairy products. “Iran is a…
About 203,000 tons of bananas were imported in the first four months of the current Iranian year (started March 21), indicating a 60% increase compared to the same period last year, according to…
Iran accounts for 4.4% of global honey production and is one of the major exporters of honey, said honeybee expert and researcher at the United Nations Industrial Development Organization,…
The head of Islamic Republic of Iran’s Customs Administration says the so-called ‘Single Window System’ is now being employed in 95% of customs offices across the country.
The global community has been actively discussing the lifting of sanctions against Iran and its consequences for the global economy.
The lifting of the embargo will turn this country into a…
The forest protection bill recently proposed to the Parliament has come under criticism by owners of pulp and paper industries, arguing that it would have negative impact on the sector.
The…
After the Iran-Oman Business Council upgraded to Iran-Oman Chamber of Commerce, Industries, Mines and Agriculture on February 23, 2014, economic relations between the two countries started to…
India's National Aluminum Co Ltd. says it is planning to set up an aluminum smelter and an associated power plant in Iran worth as much as $2.6 billion once the sanctions against the country begin…
Turkey’s deputy minister of economy Adnan Yildirim, accompanied by senior officials from the Foreign Economic Relations Board, members of Turkish Contractors Association and private sector…
In a recent report, the Persian daily Donya-e Eghtesad investigated how Tehran among other cities can benefit from the removal of sanctions. Not only will the city council be able to forge viable…
Fruit prices have dropped 20% on average this Iranian month compared to last month (June 22-July 22) amid reduced demand and excessive production, said the head of Fruits and Vegetables Sellers’…
More than 226,000 tons of goods worth $53 million were exported from South Khorasan Province in the first four months of the current Iranian year (started March 21), indicating a 46% increase in…
In a meeting between head of Iran’s National Tax Administration Ali Askari and Cyprus’ Minister of Finance Harris Georgiades at Iran’s embassy in Nicosia, the two sides signed a treaty to prevent…
In the run-up to the 14th Iran-Serbia Joint Economic Commission, which is expected by the end of 2015, Serbia’s Foreign Minister Ivica Dačić met with the Minister of Industries, Mining and Trade…
Japan is sending a senior trade and industry official to Iran along with executives from the oil, gas and other industries after a landmark agreement reached on the country’s nuclear program.
Shipping lines are preparing to resume services to and from Iran en masse ahead of the expected lifting of sanctions against the country.
Italian Minister of Economic Development, Federica Guidi, said her country is eager to develop "long-term mutual cooperation” with Iran rather than simply maintaining its presence in Iran’s…
Iran’s Civil Aviation Organization has officially dismissed allegations that the country intends to buy Russian aircraft after the sanctions are lifted. Last week, the Russian news agency Sputnik…
More than 10 tons of frozen red meat were exported from the Kurdistan Province to neighboring countries including Iraqi Kurdistan in the first four months of the current Iranian year (March 21-…
More than $4 million worth of goods were exported via Chabahar FTZ in the first four months of the current Iranian year (started March 21), said the director general of Chabahar Free Trade-…
