The first Iran-Belarus joint commission will be held in March 2015 with the aim of strengthening bilateral economic, trade, and industrial relations, Iran’s Minister of Industry, Mine, and Trade…
Domestic Economy
A total of 242 Iranian and 10 foreign companies from Turkey, China, South Korea and Hong Kong are taking part in the 11th International Exhibition of Advertising, Marketing & Related…
Railway development is quite costly and over $27 billion in infrastructure investment is required to transfer 20 percent of freight and passenger traffic from road to rail by 2025, Abbas Akhundi,…
Farmers want the Rouhani administration to increase the guaranteed price for wheat at the official exchange rates, Masoud Asadi, the chairman of the supervision council of agricultural…
Iran’s non-oil exports increased nearly 17.7 percent in the first nine months of the current year (which started March 21, 2014), compared with the same period last year, the Islamic Republic of…
Inflation decreased further in the Iranian month of Azar (ending December 21) to 17.2 percent, the Central Bank of Iran said Saturday, though the year-on-year inflation shows an increase for the…
Iran’s exports to Italy reached $79.2 million in October 2014 from $10.24 million in October 2013, recording an eightfold increase compared with the same period last year, TNA reported Saturday…
Member of parliament and chairman of the Budget and Planning Committee, Gholamreza Mesbahi Moghadam, has proposed restricting government cash subsidies “only to those at the bottom” of the…
Iran’s new Ambassador to Tajikistan Hojatollah Faghani and Tajik Minister of Labor, Migration, and Employment Sumangul Tagoeva on Saturday explored avenues for bolstering bilateral cooperation in…
Import tariff on home appliances has increased this year to 85 percent from 55 percent last year, said Habibollah Ansari, secretary general of the Home Appliance Association, as reported by IRNA.…
Iran’s Trade Promotion Organization (TPO) and the Islamic Republic of Iran Customs Administration (IRICA) have signed a memorandum of understanding (MoU) to create an integrated online system for…
One hundred airplanes are grounded in Iran due to financial problems of domestic airliners caused by western sanctions, Mohammad Ali Ilkhani, managing director of the Iranian Airports Company (IAC…
An official has confirmed that Iran has up to $100 billion in frozen assets in foreign banks.
Yahya Al E’shaq, head of Tehran’s Chamber of Commerce, Industries, Mines and Agriculture, said…
Plans are underway to turn the Birjand Special Economic Zone (SEZ) into an attractive destination for foreign and domestic investors, Secretary of Free Zones High Council, Akbar Torkan, said on…
Economic growth as reported by the Central Bank of Iran is in part the outcome of eased sanctions following negotiations between Iran and the six world powers President Hassan Rouhani’s Chief of…
Iran is to send commercial envoys to Italy, Uzbekistan, Turkmenistan, Afghanistan and South Korea to scope out trade opportunities with these countries, Reza Abbasgholi, an official with Iran’s…
The Rouhani administration has submitted next year’s budget bill to the parliament amid plunging oil prices, sanctions and other economic problems that have left a contracting impact on the budget…
The southeastern province of Kerman will export agricultural crops, mainly onion, to Central Asia, Islam Shahrokhi, a local official with the ministry of agriculture has announced. He added that…
Some 100 billion rials (above $3.7 million at official exchange rate) has been earmarked to start construction of the 1300-kilometer-long Zahedan-Birjand railway, Abbas Akhundi, the minister of…
Inflation in Azar (the Iranian month ending December 21) reached 16.8 percent, down from 17.8 percent a month earlier, Mohammad Baqer Nobakht, vice president for strategic planning and supervision…
The government carefully supervises the distribution process of subsidized flour, Mojtaba Khosrotaj, the deputy of Industries, mines, and trade said in Rasht, as reported by ISNA on Friday. …
Turkey is seeking a permanent resolution to a transit fee dispute with Iran. The spat between the two neighboring countries has been resolved to some extent since Iran agreed to temporarily (for…
The parliament’s research center has released a report criticizing next year’s budget bill for allocating what it calls “unrealistic” budget for capital projects. The budget bill proposed to the…
President Hassan Rouhani said on Wednesday that his administration has managed to get the country out of recession after two years of negative growth, citing a new report by the Central Bank of…
An Enterprise Ireland delegation is planning to visit Iran in the new year to scope out potential opportunities for exporters, Irish Independent reported on Wednesday.
