Domestic Economy

Deputy Minister of Cooperatives, Labor and Social Welfare, Hamid Kalantari, said on Monday that nearly 3,360 cooperatives were established during the first ten months of the current year, adding…

Ninety percent of clothes sold in the name of foreign brands in the market are counterfeit, Mohammad Mehdi Ra’ees-Zadeh, the secretary of Association of Iran Textile Industries (AITI), said on…

National resources are being utilized to make up for the shortcomings in the transportation sector, said the minister of roads and urban development, Abbas Akhoundi on Saturday,  pointing…

Iraq is planning to import quality medicines from Iran, Head of Iran’s Food and Drug Organization Rasoul Dinarvand said on Sunday. “The Iranian and Iraqi health ministries have signed a memorandum…

China has emerged as Iran's top trading partner, with trade between the two countries totaling more than $50 billion over the past ten months, which indicates a 30% growth compared with the…

Iran earned 637,810 billion rials (about 23.2 billion dollars based on official exchange rate), in non-oil revenues as well as 510,000 billion rials (18.5 billion dollars) in oil revenues during…

Latest data show that trade turnover between Iran and Turkey decreased by 6% in the year 2014, compared to the preceding year.

Minister of Cooperatives, Labor and Social Welfare Ali Rabiei and head of Cultural Heritage, Handicrafts and Tourism Organization (ICHHTO), Masoud Soltanifar, signed a memorandum of…

Head of the National Tax Administration, Ali Asgari says the government should increase the efficiency of tax collection services and add more transparency to the capital and commodity markets in…

More than $658 million worth of goods were traded in Chabahar Free Zone during the first ten months of the current year (March 21- January 20), which shows a 68 percent rise compared to the same…

Iran is to open an exclusive trade and industrial fair in Turkmenistan’s capital city of Ashkhabad on February 25-27, Mohammad Samadi, the head of North Kohrasan Province’s chamber of industries,…

Iran and Turkey have started having their truck’s fuel tanks sealed as of today, ISNA reported on Saturday. The trucks, passing the Iran-Turkey joint border, are expected from now on to get their…

Trade turnover between Russia and Iran will reach $2-2.5 billion in 2015, the general director of the Russian-Iranian business council Rajab Safarov said on Thursday at RosIranNefterkhim-2015…

There is no doubt that wheat is a strategic commodity. It has always been a very sensitive issue, stealing the limelight in the media every time the harvesting season nears. On the one hand,…

The prospect of an extended period of cheap oil has quickly convinced the government that raising taxes is a must. However, big challenges lie ahead.

More than 56 hectares of land is currently under saffron cultivation in the western province of Kermanshah, which shows a notable growth compared to two years ago when merely 6 hectares of land…

Plastic production reduced six percent during the first nine months of the current Iranian calendar year (March 21- December 21, 2014), due to lack of raw materials, Nasrollah Reza-Zadeh, the head…

The southern province of Bushehr is planning to export 12,000 metric tons of dates, Abdorosoum Behnamrad, an official in the ministry of agricultural Jihad told Mehr news agency in Bushehr on…

The Iranian Apparel Exhibition will be held on February 1-4, to coincide with the Turkish Textile and Garment Fair in Tehran, Valliolah afkhamirad, the deputy minister of industries, mines, and…

An Iranian trade delegation, led by head of Tehran’s Chamber of Commerce, Industry, Mines and Agriculture Yahya Al-Es’haq, which had traveled to Spain on Monday to take part in an economic…

Iran and Turkey are the major driving force behind the D-8 organization, said Deputy Minister of Industries, Mines, and Trade, Seyyed Mohammad-Ali Seyyed Abrishami, in a meeting with deputy head…

In a meeting between Azerbaijani President Ilham Aliyev and Iran’s Minister of Economy and Financial Affairs Ali Tayebnia in Baku, President Aliyev underlined the importance of the so-called North…

Over-regulation in the textile industry and unfair competition between Iranian and Turkish companies have led to a drop in textile production, Alimardan Sheibani – vice president of textile…

The Supreme Council of Iran’s Free Trade and Industrial and Economic Zones endorsed establishment of two new free trade zones, one in Ardebil and another in Ilam province, in its latest session…

An agreement has been reached between Iran and Turkey to establish a Supreme Council of Bilateral Cooperation, which will be run by both countries’ presidents, Fars News Agency quoted Iran’s…