A report by the Trade Promotion Organization of Iran indicates that the trade deficit with Turkey during the first five months of 2015 declined $44 million compared to the preceding five-month…
Domestic Economy
Tariff systems in the post-sanctions era will be aimed at supporting producers by preventing excessive imports, says deputy minister of industries, mining and trade Mojtaba Khosrotaj.
Just a few days after hosting a historic deal between Iran and the world powers on Tehran’s nuclear program and lifting sanctions, Vienna has been the venue for deals of a different kind.
Foreign trade data released by Islamic Republic of Iran Customs Administration for the first four months of the current Iranian year (March 21-July 22) indicate that the country maintained a…
It is well over a year that sugar imports were banned due to domestic producers’ complaints. Yet according to a report by Reuters, about 150,000 tons of Brazilian sugar was imported in the days…
The Central Bank of Iran reported a 15.6% increase in the goods and services Consumer Price Index for urban areas in the 12-month period ending July 22, which marks the end of the fourth Iranian…
More than 26,000 tons of goods worth $35 million were exported via Razi-Kapikoy border with Turkey, near the city of Khoy in East Azarbaijan Province, during the first quarter of the current…
A memorandum of understanding was signed between Afghanistan and Sistan-Baluchestan’s chambers of commerce in a meeting attended by director of Afghanistan Advisory Board of National Entrepreneurs…
The 14th Iran-Turkmenistan Joint Economic Commission was held on July 25-27, co-chaired by Iran’s Minister of Roads and Urban Development Abbas Akhoundi and Turkmenistan’s Deputy Prime Minister…
Early August will see the berth of the first French container ship in Iran’s largest and most advanced container port, Shahid Rajaei Port, announced the general manager of Hormozgan Ports and…
The 8th Iran-Zimbabwe Joint Permanent Commission, co-chaired by Iran’s Minister of Cooperatives, Labor and Social Welfare Ali Rabiei and Zimbabwe’s Foreign Minister Simbarashe Mumbengegwi,…
Austrian President Heinz Fischer is scheduled to visit Iran on September 7-9. According to Mehr News Agency the visit is aimed at promoting trade and sustainable economic ties between Tehran and…
The government will not be able to invest in transportation infrastructure in ten years’ time, says the Minister of Roads and Urban Development.
“In the best-case scenario, the revenues…
Poland’s Deputy Prime Minister and Economy Minister Janusz Piechociński is to visit Tehran in September along with a group of businesspeople, as part of Poland’s efforts to tap into the lucrative…
An increase in domestic fruit supplies has led to a significant drop in fruit smuggling, says the head of Fruit and Vegetable Sellers Union. “Fruit prices have dropped considerably.
International business research groups and organizations are predicting economic growth in Iran after the country reached an agreement with the P5+1 (the five permanent members of UN Security…
In a meeting between director of Asia and Pacific Department at Iran’s Chamber of Commerce, Industries, Mines and Agriculture Aliasghar Farshchi and representatives of Japan’s External Trade…
About 235,500 tons of rice worth $242.9 million were imported from Pakistan, the United Arab Emirates, Thailand, Turkmenistan and India in the first quarter of the current Iranian year (March 21-…
About 11,200 tons of tea worth $52 million were imported in the first quarter of the current Iranian year (started march 21) mainly from India, Sri Lanka, China, the United Arab Emirates and…
According to data released by Iran Customs Administration, about 1.5 million tons of corn for livestock feed, worth $356 million was imported during the first quarter of the current Iranian year (…
Chips exports will increase by 20% in terms of value in the current Iranian year (started March 21) compared to the previous year following the lifting of sanctions imposed against Iran over its…
Agreements worth $100 million were signed between traders from Mazandaran Province and Kazakhstan’s Mangystau region to boost economic cooperation in trade, agriculture, technical and engineering…
Foreign tobacco brands will come to Iran for joint venture production if cigarette imports cease by the end of the current Iranian year (March 19, 2016), said the CEO of Iranian Tobacco Company.…
The Deutsche Gesellschaft für Internationale Zusammenarbeit Vice Chairman of Management Board and Managing Director Christoph Beier met with Iran’s deputy head of Ports and Maritime Organization…
Iran offered to sell state assets to foreigners, said it would cut the government's role in the economy and pledged a tight monetary policy as it sought to attract billions of dollars of…