Medical products, including but not limited to medications and treatment kits, are not subject to value added tax, said the deputy head of Iranian National Tax Administration. Therefore,…
Domestic Economy
Fifty-two tons of prawns produced by five companies in West Azarbaijan Province will be exported to European countries, including France, Germany, Italy and Armenia, said the provincial head of…
Iran’s economy is facing serious challenges, most notably the sanctions [imposed by the West over the country’s nuclear energy program], low competitiveness and negative productivity growth,…
Conforming to the principles of Resistance Economy is a key aspect of the sixth five-year economic development plan (2016-21), director general for planning at Trade Promotion Organization of Iran…
In a joint session in Tehran, Askar Mamin, the minister of transport and communications of Kazakhstan, and Mohammad Gharavi, the head of Islamic Republic of Iran Railways Transit Committee, agreed…
The import tariff on black chador (a full-body cloak worn by many Iranian women) has seen a 450% rise recently jumping from 10% to 32%, according to deputy head of the Association of Chador…
Based on new amendments to the tax law, tax evaders will henceforth face criminal charges, fines and prison terms, head of the Iran National Tax Administration Ali Asgari said Monday.
"Tax…
After years of sanctions imposed against Iran over its nuclear energy program, Tehran’s international airport is facing strong rivals in the Middle East. The government is trying to mobilize its…
Vice president of International Affairs at Iran Chamber of Commerce, Industries, Mines and Agriculture highlighted the economic strengths of Iran and Bulgaria.
The notion of eliminating the world’s dominant reserve currencies such as the dollar and euro from trades and transactions between Iran and Russia has been proposed repeatedly by both countries in…
Iran’s exports to and imports from the Republic of Ireland in the last Iranian year (ended March 20, 2015) stood at $358,000 and $118 million respectively, Eghtesad News reported. Pipes,…
Women account for 17% to 20% of the country’s businesses on average while occupying as little as 7% of the managerial seats in the industrial sector, said an aide to the Minister of Industries,…
Since the start of harvest season and under the government’s guaranteed purchase plan, the Agriculture Ministry has bought 3.13 million tons of wheat from farmers in excess of their need, as IRNA…
The use of pesticide in Iran’s agriculture sector has slashed by 25% over the past two decades from 30,000 tons to 21,000 tons and is now half the global average, according to Iran’s Plant…
The representative of the United Nations Children’s Fund in Iran, Ezio Gianni Murzi, has hailed the country’s Ministry of Cooperatives, Labor and Social Welfare for its fight against…
The second “Iran Project Exhibition” will be held in the city of Ashgabat in Turkmenistan, 19-21 August, announced executive manager of the exhibition, Abdolhamid Asadian, Mehr News Agency…
As trade with Azerbaijan, Turkmenistan and Iraq has either stalled or fallen, the Ministry of Industries, Mines and Trade—the body in charge of balancing trade and increasing exports—is seeking to…
The Ministry of Industries, Mines and Trade does not approve of expanding border markets, as these markets do not comply with standard trade regulations and have failed to generate significant…
Exports to Russia of more than 20,000 tons of fish and other aquatic products such as shrimp and trout will start as of July 23, announced the head of Iran Fisheries Organization. “No restrictions…
The first round of negotiations to sign a treaty on avoiding double taxation was held between the governments of Iran and Hungary from June 15-17 in the headquarters of the Iranian National Tax…
According to an agreement signed by Iranian Ambassador to Algeria Reza Ameri and Algerian Trade Minister Amara Benyounes, Iran is to help Italy build a date processing plant in Algeria by lending…
Bulgaria’s ambassador to Iran, Christo Polendakov, called for expansion of bilateral ties in a meeting with Iran’s deputy minister of industries, mines and trade, Hossein Esfahbodi. “My country…
Following a streak of objections from the weaving and clothing industries against the controversial preferential trade agreement with Turkey, the Trade Promotion Organization of Iran has finally…
It is a good sign that people in Iran are paying increasing attention to the accuracy of government data.
The Imam Khomeini International Airport is boasting two new flight routes. According to IKIA’s deputy head of Airport Facilities Department, Nader Afshar, the new routes include flights between…