About 60 tons of non-oil products, mainly including licorice powder and herbal plants, worth $1 million were exported from Kohgilouyeh-Boyerahmad Province to Germany, South Africa and the Persian…
Domestic Economy
Italy-based Eusider has signed a long-term agency agreement with Iran Ferroalloys Industries Company, the biggest ferrosilicon producer in Iran, the Italian service center and trader company told…
The Tehran-North Freeway, connecting the capital city Tehran to Chalous in Mazandaran Province, will fully come on stream by March 2023, said Mohammad Saeedikia, the head of Mostazafan Foundation…
Azerbaijan has signed a $60-million contract with Iran to construct a rail terminal in the Iranian city of Astara, close to the common border.
It is part of a project to connect the…
Letters of guarantee worth 514 billion rials ($13.7 million) were issued during the first quarter of the current fiscal year (March 21-June 21), registering an 88% rise compared with the…
Iran’s Valfajr Shipping Company is planning to establish a direct marine route from the Persian Gulf port of Bushehr to Qatar in the next two weeks. Abolqasem Mohammadzadeh, an official with…
Referring to six major problems Iran is grappling with, top presidential advisor, Masoud Nili, has called for removing resentment in politics, depoliticizing the economy and politicians making…
Some 17,000 tons of vegetables grown in Andimeshk County of southwestern Khuzestan Province worth close to $10 million have been exported to Russia since the beginning of the current Iranian year…
Close to 222 tons of onions and shallots worth nearly 142 billion rials (more than $3.75 million) were exported during the first month of the current Iranian year (March 21-April 20), the Islamic…
Iranian steel billet has been quietly gaining market acceptance in Southeast Asia because of its low prices, just as it happened with China-origin product a few years ago, but can it dominate the…
The Islamic Republic of Iran Customs Administration is in talks with the European Union’s Directorate-General for Taxation and Customs in Brussels, Belgium, to enhance bilateral cooperation.
The second round of negotiations between Pakistan and Iran on a free trade agreement will be held from July 10 to 12 to discuss ways and means of enhancing bilateral trade.
Saffron is the world’s most expensive spice, used to give a golden yellow color to food and its distinct flavor.
A National Geographic report surveyed the crocus fields of Iran, where more…
Iran exports about $600 million worth of confectionery annually, the chairman of Iran’s Biscuit, Confectionery and Chocolate Industries Association said.
The Commonwealth of Independent…
About $270.75 million worth of goods were exported from Iran to Iraq through Mehran Border Terminal located in Ilam Province during the three months to June 21.
Jobs created in Iran’s industrial parks during the first three months of the current Iranian year (March 21-May 21) have increased by 20% compared with last year’s corresponding period, Deputy…
Iran’s exports to Oman increased by 42% to increase from $376 million two years ago to $533 million in the last fiscal year that ended on March 20, 2017, Trade Promotion Organization of Iran’s…
The Trade Promotion Organization of Iran has called on exporters to sign up to the 21st edition of Top National Exporters Awards. Exporters across the country have until July 8 to register for the…
The Ninth International Iran Stone Exhibition, Natural Stone, Quarry, Machinery and Equipment, otherwise known as IRSE 2017, is scheduled to be held in Tehran’s International Fairground from July…
Volkswagen AG plans to sell cars in Iran for the first time in 17 years, taking advantage of the easing of sanctions to expand amid concerns about stalling growth in Europe and China.
The…
The first quarter of the current fiscal year (March 21-June 2) saw cigarette production rise by 60%, imports fall by 75% and smuggling decline by 48% compared to last year’s corresponding period…
Iran’s unemployment rate in the first quarter of the current fiscal year (March 21-June 21) stood at 12.6%, registering a 0.4% rise compared with last year's corresponding period and a 0.1%…
Two Mongolian meat companies, Eco Food Trading LLC and Darkhan Meat Foods LLC, have begun jointly exporting meat to Iran as part of an agreement to ship 4,000 tons of lamb meat. With around 61…
A lack of feasibility studies prior to constructing shopping malls in adherence to regulations in Iranian metropolises in the past few years has made them reach a saturation point, an executive…
More than 9.04 trillion rials (about $239 million) were invested in Qeshm Free Zone in the last Iranian year that ended on March 20, 2017, registering a 51% rise compared with the year before, the…