Iran is planning to use drones to control road traffic as of the second half of the current Iranian year (starting Sept. 23).
“Traffic in parts of Iranian roads will be controlled by drone…
Domestic Economy
Egg exports from Iran have recently come to a halt, as the country is not able to conclude deals with foreign markets due to its high base prices, rendering the Iranian product uncompetitive in…
The ninth session of Iran-Vietnam Economic Commission was held in Tehran on Sunday. It was co-headed by Vietnamese Minister of Agriculture and Rural Development Nguyen Xuan Cuong and Iran’s…
The JCPOA is one of the most successful diplomatic programs in the modern world, senior economist, Mohammad Mehdi Behkish, told Financial Tribune.
Behkish is a leading free trade advocate…
About $650 million worth of goods were exported from Varamin County on the outskirts of Tehran Province in the last Iranian year (March 2016-17), registering a 10% increase compared to the year…
Agriculture Minister Mahmoud Hojjati held talks on boosting cooperation with his Vietnamese counterpart, Nguyen Xuan Cuong, in Tehran on Saturday.
The Iranian minister said the two…
A total of 516 kilometers of new rail tracks will be laid by the end of the current Iranian year (March 20, 2018), which will be an all-time record, Jabbarali Zakeri, the deputy head of…
Shahid Rajaee Port, Iran’s biggest container port at the mouth of the Strait of Hormuz, is reclaiming its past glory as a major international port following the implementation of the Joint…
Iran’s wheat reserves currently stand at 12 million tons, 6 million tons of which belong to last year’s harvest, the head of the Agriculture Ministry’s Wheat Project said.
Markazi Province exported $2.4 million worth of ornamental fish in the last Iranian year (ended March 20, 2017) mainly to the UAE and Afghanistan, Ali Babaie, the head of Markazi Agricultural…
Despite the fact that Iran’s food industry is mostly run by the private sector, all major decisions are made by the government, general-secretary of Iran Food Industries Associations said.
Iran has assured Pakistan of its full cooperation in the operation of ECO Container Train on Islamabad-Tehran-Istanbul route and has decided to reduce transshipment cost for the container train at…
Cigarette consumption in Iran stands at 55 billion a year, of which 6 billion with an estimated value of 30 trillion rials ($800 million) are smuggled into the country, the head of Tobacco…
Iran has piqued financial interest throughout the world for its massive energy reserves, but the country actually has a host of other opportunities in less obvious areas, a global investor said.…
Exports to the member states of Eurasian Economic Union, namely Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, will either be fully exempt from customs duty or enjoy a duty cut of up to 80…
Criticizing legal restrictions on the government’s access to Iran’s sovereign wealth fund, the National Development Fund of Iran, President Hassan Rouhani said his government has deposited $40…
A rail cargo route from Quetta in Pakistan to the city of Zahedan in eastern Iran will be launched soon as part of the Islamabad-Tehran-Istanbul rail route, Pakistan’s Minister of Railways…
Some 12.93 million tons of goods were loaded and unloaded in Iranian ports during the third month of the current fiscal year (May 22-June 21), registering a 1.5% increase compared with the…
The biggest privatization in Iran’s agriculture sector will be held on July 31. The government will auction 100% of its 3,182,307,000 shares in Moghan Agro-industrial and Animal Husbandry Company…
A memorandum of understanding was signed between Shanghai Elevator Trade Association Vice President ChunTao Li and the head of Iranian Syndicate of Elevators and Escalators Industries, Mohammad…
The government will have spent 374 trillion rials ($9.87 billion) in development projects by the end of the current Iranian year (March 20, 2018), says government spokesperson, Mohammad Baqer…
A multilateral memorandum of understanding was signed on Wednesday to set up Iran’s first-ever apparel industrial park in cooperation with public, private and cooperatives sectors.
The…
Close to 460 tons of unshelled pistachio worth 223.5 billion rials ($5.9 million) were exported from Iran during the first month of the current fiscal year (March 21-April 20), according to the…
More than 5,770 tons of lentil worth 210.7 billion rials (over $5.56 million) were imported into Iran during the first month of the current Iranian year (March 21-April 20), according to the…
India is keen to rapidly develop Iran’s Chabahar Port, a strategic facility that New Delhi hopes will help expand trade with Afghanistan and energy-rich Central Asia by circumventing Pakistan.
