Domestic Economy

In a letter to the Islamic Republic of Iran Customs Administration’s Export Affairs Bureau, the Ministry of Industries, Mining and Trade announced that sugar export has been banned.

The…

Secretary-General of the United Nations International Maritime Organization Kitack Lim will visit Tehran to attend a ceremony to mark the 70th anniversary of the establishment of the…

Iranian security forces handed over 158 Pakistani nationals to their counterparts at the border checkpoint in Taftan of Chaghi district on Sunday.

The Pakistani nationals were in Iran to…

More than 489 tons of chewing gum worth nearly $1.6 million were imported into Iran from five countries during the first four months of the current Iranian year (March 21-July 22), according to…

Iran exported 21,625 tons of ice cream worth $73.97 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran…

Iran’s red meat output during the three months to June 21 amounted to 98,800 tons to register a 0.08% decline year-on-year, a new report released by the Statistical Center of Iran said.

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Rice cultivation is only permitted in the two northern provinces of Gilan and Mazandaran and will be gradually banned in other Iranian provinces over the next three years, as per the directive…

Iran traded 27,000 tons of non-oil commodities worth $64.13 million with Syria during the first four months of the current fiscal year (March 21-July 22), registering a 180.63% increase in…

Import of consumer goods declined more than those of other types of commodities in the first quarter of the current fiscal year (March 21-June 21) compared with the similar period of last year…

Iran traded 303,607 tons of non-oil commodities worth $152.27 million with Malaysia during the first four months of the current fiscal year (March 21-July 22). This marks a 93.34% increase in…

More than 2 million hectares of farmlands are now equipped with under pressure irrigation systems in Iran, more than 30% of which were implemented since the beginning of President Hassan Rouhani…

With an annual turnover of more than 6 trillion rials ($60 million), Mazandaran in northern Iran is the country’s most active province in fish farming and accounts for 18% of Iran’s production,…

Tatarstan and Iran’s ATA Airlines plan to launch direct flights between Tehran and Kazan, which will significantly increase the tourist flow between Iran and Tatarstan, Chairman of the State…

The number of Afghan refugees returning from Iran has doubled recently, as Iranian currency loses its value against the US dollar in an unprecedented manner.

According to the…

Indian exporters are apprehensive about taking orders from Iran due to the reimposition of US sanctions and this could impact India’s shipments to the Persian Gulf country, the Federation of…

Members of the Iranian Parliament have approved in principle the bill on the establishment of eight free trade zones and 12 special economic zones. 

The parliamentary session on…

Iran traded 645,158 tons of non-oil commodities worth $546.24 million with Russia during the first four months of the current fiscal year (March 21-July 22).  This marks a 33.93% and 130.35…

Iran Privatization Organization has presented a number of incentives to energize and reward the private sector in taking over state-run enterprises and assets, an advisor to the organization…

The research arm of the Iranian Parliament expects the economy, as measured by the gross domestic product, to contract between 0.5% and 2.8% by the end of the current fiscal year (March 2018-19…

Governor General of Mazandaran Province Mohammad Eslami and his counterpart from Russia’s Volgograd Oblast, Andrey Bocharov, signed a memorandum of understanding to strengthen economic and…

Iran traded 32,760 tons of non-oil commodities worth $105.84 million with Hong Kong during the first four months of the current fiscal year (March 21-July 22), registering a 38.45% decrease in…

South Khorasan Province of Iran and Farah Province of Afghanistan have signed a memorandum of understanding on joint economic, cultural and security cooperation.

A total of 7,246 tons of sunflower oil worth $12.69 million were exported from Iran during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran…

Iran’s non-oil foreign trade during the first five months of the current fiscal year (March 21-Aug. 22) stood at $38.2 billion, indicating a 0.8% rise compared with last year’s corresponding…

A full-fledged agreement on a free trade zone between Iran and the Eurasian Economic Union will be concluded by early 2022.