Azerbaijan and the Iraqi Kurdistan Region have temporarily banned the import of poultry and related products from Iran after two outbreaks of the highly contagious H5N8 bird flu virus were…
Domestic Economy
More than 52 trillion rials (over $1.36 billion at market exchange rate) of contraband goods were confiscated during the five months to August 21.
The confiscations were seven times as much…
Iran exported 2.6 million tons of non-oil commodities worth $1.35 billion to Afghanistan during the seven months to October 21, registering a 12% decline compared with last year’s corresponding…
National Development Fund of Iran, the sovereign wealth fund, is increasing its support for Iranian nomads through the Iranian Nomads Organization. NDF, which invests Iran’s saved up…
Germany agreed to provide Iran with a €1.2 billion ($1.27 billion) credit line to help finance a rail project, according to an official at the Central Bank of Iran.
The facility–through…
The latest report by World Economic Forum titled “The Global Competitiveness Report 2016–2017” shows Iran’s Global Competitiveness Index has slipped by two notches compared to the previous report…
Iran has become a major importer of corn from Ukraine as it bought over 250,000 tons of the crop in October – placing itself among the top three export markets for Ukrainian farmers, according to…
The government has bought 68,000 tons of soybeans from local farmers so far in the current fiscal year (started in March), and it is estimated that purchases will reach 120,000 tons by the yearend…
The Rural Cooperative Organization of Iran, affiliated to the Ministry of Agriculture, will purchase 60,000 tons of oranges from farmers in Mazandaran to be stored for consumption during the…
Close to 132,000 tons of bananas worth $101.5 million were imported during the seven months to October 21, registering over 63% decline both in weight and value, Eranico reported.
A memorandum of understanding to enhance cooperation was signed between the Trade Promotion Organization of Iran and the International Trade Center on the sidelines of 11th Trade Promotion…
For the first time in Iran, Sirjan Nano Yarn and Granule Company is producing industrial yarn and granule using nanotechnology, according to the managing director of the company Babak Shayesteh,…
Non-oil trade during the eight months to November 20 stood at $55.5 billion.
According to the latest report released by the Islamic Republic of Iran Customs Administration, 81.76 million…
A two-day economic forum dubbed ‘Showcase Iran 2016’ will open in London on Monday to promote Iran’s investment opportunities among British investors.
Iran, Azerbaijan and Georgia are planning to start operating a long-delayed corridor that will carry cargo from the Black Sea – between Eastern/Southeastern Europe and West Asia – to the Persian…
Almost a year after the opening of Germany’s Bavaria office in Iran, Tehran Chamber of Commerce, Industries, Mines and Agriculture opened its Munich office, TCCIMA news portal reported.
Iran exported 327,000 tons of horticultural products worth $1.2 billion during the seven months to October 21, according to deputy agriculture minister Mohammad Ali Tahmasebi. According to the…
A severe drop in temperature has cost 198 billion rials (more than $53 million) to orchard-owners in Golestan, Mehr News Agency quoted head of the northern Iranian province’s Agricultural Jihad…
About 1.4 million TEU of oil and non-oil goods were handled in Shahid Rajaie Port during the eight months to November 20, registering a 29% rise compared with last year’s corresponding period,…
The 12th session of Iran-Indonesia Joint Economic Commission officially opened in Jakarta on Friday co-chaired by Iranian Minister of Communications and Information technology, Mahmoud Vaezi and…
Iran has joined the International Convention on Temporary Admission (Istanbul Convention, 1990), the Islamic Republic of Iran Customs Administration reported.
The ATA is a system allowing…
Head of the Securities and Exchange Organization, Shapour Mohammadi, defended his organization's performance in fighting securities fraud and improving Iranian markets. He was addressing the…
Construction of a railway bridge across the Astarachay River near the Iran-Azerbaijan border and as part of the so-called International North-South Transport Corridor will be completed by…
The average goods and services Consumer Price Index for urban areas in the 12 months ending November 20, which marks the end of the Iranian calendar month of Aban, increased 8.6% compared with…
Data released by Iran Airports Company shows only six Iranian airports namely Tehran’s Imam Khomeini and Mehrabad international airports and the Mashhad, Shiraz, Isfahan and Tabriz airports are…