An exclusive trade fair in Baghdad will provide a perfect platform for Iranian traders to showcase their products, Valiollah Afkhamirad, the head of Iran’s Trade Promotion Organization (TPO) said…
Domestic Economy
Head of Iran's Chamber of Commerce, Industries, Mines and Agriculture, Gholam Hossein Shafei has called on India to take advantage of southern Iranian ports to expand its trade with Central Asian…
Iran and Turkmenistan railway officials explored avenues for expansion of trade through the recently inaugurated Iran-Turkmenistan-Kazakhstan railway during their official meeting in the small…
Government interventions to regulate the market through price fixing for various products has generated new rounds of criticism by manufacturers and economic experts who argue that the government…
The secretary of Iran-Turkey joint trade commission has announced the list of goods included in a recently signed preferential trade agreement (PTA), ISNA reported on Tuesday. Some of the goods…
A trade delegation from Iran is due to pay a visit to India this week to pave the grounds for boosting trade between the two countries, Head of Iran’s Chamber of Commerce, Industries, Mines and…
President Hassan Rouhani's chief of staff, Mohammad Nahavandian, on Monday said the share of oil revenues in the next fiscal budget is defined in such way to ensure that the economy is least…
Despite the Central Bank of Iran (CBI)’s report released earlier this month showing that the Gini coefficient has been on the rise over the past three years, a report by the Statistical Center of…
First Vice President Es’haq Jahangiri inaugurated the Ayatollah Behjat Foomani Dam in the northern province of Gilan on Tuesday, Mehr news agency reported. About 2 trillion rials has been spent on…
In its proposed budget bill for the upcoming year, the administration has earmarked only about 5 trillion rials ($185 million) for improving transportation infrastructure and providing the…
A memorandum of understanding (MoU) on agricultural cooperation has been signed between Iran’s minister of Agricultural Jihad, Mahmoud Hojjati, and his Chinese counterpart Han Changfu in the…
Domestic honey production is likely to fall in the current calendar year (to end March 20), deputy agriculture minister Hassan Rokni, told Mehr news agency on Tuesday.
It was reported several days ago that amid progressing nuclear talks, several Iranian delegations have been scheduled to visit the US in a bid to explore ways to improve economic ties. And now…
Since the beginning of the current year (March 21, 2014), 70 thousand cars have been imported, accounting for 10 percent of domestic production, Farhad Ehteshamzadeh, the head of Car Importers…
A trade delegation from Croatia paid a visit to Pars Wagon Company (WPCO) in Arak, the capital city of the central province of Markazi, on Sunday, as IRNA reported on Monday. The visit was aimed…
On January 11, the government accomplished the 47th round of cash subsidy payments since the plan’s inception in 2010. This, while the government is forced to cut its capital budget in order to…
The outlines of the budget bill proposed by the government for the next Iranian fiscal year was approved by the parliament’s joint committee in charge of monitoring and reviewing the draft budget…
The Rouhani administration is determined to support domestic and foreign investment, Mohammad Khazaee, head of Foreign Investment Organization of Iran said. He also vowed to increase the section's…
With the aim of easing transactions, Iran and Iraq are planning to experience electronic data interchange (EDI) in the near future, the Islamic Republic Customs Administration Office (IRICA)…
Fifteen percent of Iraq’s foreign trade is with Iran, announced Yahya Al-Es’haq, the head of Iran-Iraq joint chamber of commerce, in the second conference on introducing business opportunities and…
Resolving the country’s economic issues is “not conceivable as long as the economy is overshadowed by politics,” the head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Yahya Al-…
In the second quarter of the current fiscal year (June 22-Spetember 22, 2014), the country's economic growth rate was 3.7 percent including the petroleum sector and 3 percent excluding the sector…
The lopsided implementation of the subsidy reform plan has exacerbated the widening rift between the country’s social classes, IRNA reported.
“As it was anticipated by the CBI in 2012, the…
Iran’s business activities should be focused on trade with neighboring countries as the economic sanctions imposed by the West keep the country from being a big player in the global market, Majid…
The agriculture minister, Mahmoud Hojjati, and his accompanying delegation left the country for China on Sunday at the invitation of his Chinese counterpart, Han Changfu, IRNA reported.