Domestic Economy

The second and final wave of US sanctions against Iran, claimed by the US to be the harshest ever, have now snapped back, but a host of prominent Iranian pundits and private sector…

The Agriculture Ministry plans to establish 2,763 hectares of greenhouses by the end of the current Iranian year (March 20, 2019), which needs investments worth 8 trillion rials ($53.5 million…

The European Union, in a joint statement with France, Germany and Britain on Friday, said they regret Washington’s decision to reimpose sanctions on Iran. "We deeply regret the further…

Tea producers and exporters, after a dip in tea prices of more than 7%, anticipate a rebound in demand for the orthodox tea variant as well as price recovery for exports to Iran after the US…

The United States has told Iraq that it will be allowed to keep importing crucial gas, energy supplies and food items from Iran after Washington reimposes sanctions on Tehran’s oil sector, three…

Iran ranks as the 18th biggest producer of animal feed in the world, as production currently stands at 9.86 million tons worth around $8.5 billion per annum. 

Some 10,000 tons of dates have been exported from the southern Bushehr Province since the beginning of the harvest season around two months ago.

Iran’s ease of doing business score has seen an improvement of 2.34 percentage point, though its ranking among 190 economies in the World Bank’s Ease of Doing Business Report 2019 fell by four…

The International Monetary Fund said on Thursday that Iran should implement policies to safeguard its macroeconomic stability after the reimposition of US sanctions that will cut Iranian…

Indian Foreign Secretary Vijay Gokhale has highlighted the importance of development of Iran's Chabahar Port to bypass Pakistan and reach Afghanistan's market. “We are also seeking to develop…

A total of 276 cooperatives were established with an initial investment of 41 billion rials ($277,027) during the seventh Iranian month (Sept. 23-Oct. 22), which registered a 13% decline…

An increase of 59% was registered in the Producer Price Index in the Iranian month Mehr (Sept. 23-Oct. 22) compared with the similar month of last year, the latest report by the Central Bank of…

The retail price of tomato paste during the Iranian month Mehr (ended Oct. 22) increased by 227.8% compared with the same period of last year.  A kilogram of tomato paste went for 171,765…

Close to 9,000 tons of tea worth around $12 million were exported from Iran during the first half of the current Iranian year (March 21-Sept. 22), according to the head of Iran Tea Organization…

Afghanistan's northwestern city of Herat hosted an exhibition in which Iranian and Afghan exhibitors participated. This was the 13th edition of the expo held annually in Herat. It opened on…

Iran and Iraq signed a memorandum of understanding Tuesday on broadening aviation cooperation between the two neighboring nations. Director of the Public Relations Department of the Civil…

Iraq has now overtaken China as the main non-oil export market for Iran, the latest report by the Islamic Republic of Iran Customs Administration for the seven months of the current Iranian year…

President of Iran-Oman Chamber of Commerce Mohsen Zarrabi said trade between the two countries is expected to reach $1 billion by the end of the current Iranian year (March 20, 2019).

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A joint conference between the cooperative chambers of Iran and South Korea was held in Tehran on Monday with the aim of fostering educational ties and boosting trade.

India, Russia and Iran will hold a trilateral meeting on the International North-South Transport Corridor on November 23 to make the 7,200-km ship, road and rail route operational soon, an…

Workers’ representative in the Supreme Labor Council, Ali Khodaei, put forward three main demands in a meeting with the newly-appointed Minister of Cooperatives, Labor and Social Welfare…

Iran posted a foreign trade surplus of $926 million for the seven-month period ending Oct. 22, the head of Islamic Republic of Iran Customs Administration said.  Foroud Asgari added that…

Twenty devices for conducting automated (or interactive voice response) polls have been installed at Tehran Railway Station to facilitate passengers’ interactions with supervisory bodies and…

Foreign direct investment in the northwestern Iranian province totaled $19.3 million during the first half of the current year (March 21-Sept. 22), the deputy provincial governor of Qazvin said…

Goods and services Consumer Price Index for Ilam Province registered an increase of 39.9% during the Iranian month of Mehr (Sept. 23-Oct. 22) compared with the similar month of last year, which…