Domestic Economy

A total of 120,406 public complaints against goods and service providers were filed with the industries, mining and trade organizations of Iranian provinces in the first six months of the…

India, notwithstanding impending sanctions on Iran, intends to put in place a corridor linking Gujarat and West Bengal to Kazakhstan and Eastern Russia via Iran's Bandar Abbas Port. 

Much as the Iranian national currency's steep devaluation in recent months gave rise to challenges, it has also provided a boost to the country's trade balance on the back of surging exports and…

President Hassan Rouhani’s picks for the ministries of Economic Affairs and Finance, Farhad Dejpasand, and Industries, Mining and Trade, Reza Rahmani, engaged in a direct dialogue with…

A total of 1,820 tons of processed chicken feet were exported from Iran's northern Mazandaran Province to Hong Kong, Myanmar and Vietnam in the first half of the current Iranian year (March 21-…

Iran’s Logistics Centers Planning Document, which aims to reduce transportation expenses by up to 30% when fully implemented, was ratified by the High Council of Transportation on Aug. 21 and…

1. First Vice President Es’haq Jahangiri: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has given the nod for the allocation of $500 million from the National Development Fund…

Iran is ranked among the 50 most valuable nation brands in the world, according to a report titled "Nation Brands 2018" released by Brand Finance—a leading brand valuation and strategy…

Iran has succeeded in meeting all health and safety requirements for exporting agricultural commodities to Vietnam, an official with the Ministry of Agriculture said. 

A total of 7,626 tons of tobacco worth 2.25 trillion rials ($54.26 million) were imported into Iran during the first five months of the current Iranian year (March 21-Aug. 22), according to data…

Iran's agricultural trade deficit amounted to $2.12 billion in the first half of the current Iranian year (March 21-Sept. 22). A which shows a 40% rise compared with the similar period of last…

Armenia has expressed readiness to help strengthen commercial ties between Iran and the Eurasia Economic Union. “This year, EEU member states and Iran signed an interim agreement as a first…

A trilateral agreement based on the government's urban renewal initiative is expected to create 300,000 direct and indirect jobs. The agreement was signed in Tehran on Saturday between the…

The economic freedom index of Iran has improved by 19 ranks, but the country is still far from claiming it has a free economy attractive for foreign investments, the latest ranking of the Fraser…

Mohsen Hashemi, the head of Tehran City Council, believes development of subway lines and stations is the only low-cost and speedy way of alleviating the issue of traffic congestion in Tehran.…

The governor of Khoy city of West Azarbaijan Province and his counterpart from Turkey's Van Province have signed a security and economic cooperation agreement titled "Fifty-Second Security…

Olive production in Iran is expected to reach 90,000 tons in the current Iranian year (started March 21) and register a 5% rise compared with the corresponding period of last year, the manager…

Scores of Iranian executives running private businesses converged on the Tehran Chamber of Commerce, Industries, Mines and Agriculture on Saturday to meet their Syrian counterparts and secure a…

Payam International Airport, located in the city of Karaj 40 km west of Tehran, has prepared all the facilities needed for exporting goods. Airport officials say exporters can now use the…

Iran’s elevator manufacturing companies have the capacity to build 80,000 elevators annually, but currently they manufacture only 30,000 due to the prevailing recession in the housing sector,…

Iran wants stronger trade and economic ties with Pakistan, and believes barter trade is equally beneficial for both countries. These views were expressed by Iran Consul General Reza Nazeri…

India is weighing a rupee-rial payment mechanism for the Chabahar Port project in Iran as it weaves a way around the impending sanctions imposed by the US on the Persian Gulf nation from…

Debts of banks to the Central Bank of Iran have been rising at an alarming rate in recent years and the issue has become a major challenge for the banking system because the unpaid debts are a…

The customs offices of Iran and Iraq have taken measures to ease the travel of pilgrims from border checkpoints to Iraqi cities during Arbaeen. As such, transits through Shalamcheh Border…

High-level meetings on Thursday and Friday in London were held to maintain and develop Iran-UK trade ties, and a major focus was on preserving humanitarian trade to Iran threatened by…