Iran and Hungary should reinvigorate their banking relations before they can increase their trade which is currently hovering around $40 million per annum, minister of trade, mine and industry,…
Domestic Economy
More than a year after the parliament decided to levy tax on empty dwellings, the enforcement of the bill is still pending two major steps: approval by the Guardian Council and establishment of an…
During the past Iranian calendar year (ended March 20), about 3.6 million metric tons of fruits and vegetables worth $2.2 billion were exported, said the President of the National Union of…
Kyrgyzstan’s Ambassador to Iran, Asanbeyk Osman Aliyev, called for promotion of bilateral business ties, in a meeting held in Mashahd on Tuesday with governor-general of the northeastern Khorasan…
An Iranian trade delegation is scheduled to visit Venezuela next month to put an end to the recent slowdown in bilateral trade relations, head of Iran’s Trade Promotion Organization, Valiollah…
The thirty-six percent value added tax on textiles is the reason behind the unreasonable prices of domestically produced fabrics, head of Tehran’s Textile Union, Amir Ghadiminejad, told ISNA on…
Deputy foreign minister for Euro-American affairs, Majid Takhte- Ravanchi, invited the Chilean private sector to invest in the Iranian market, in a meeting with political advisor to the Chilean…
Iran’s $160 billion value of trade during the past Iranian year (ended March 20) shows that the country has continued to interact with the world and that the western sanctions [imposed against…
In the light of the worsening water crisis in the country, the ministry of agriculture is pursuing the implementation of an ‘Agriculture Beyond Borders’ program, which allows for farming in…
Iran and Georgia should take necessary measures to increase their annual trade which is currently hovering around $200 million, deputy minister of cooperatives, labor and social welfare Naqi…
Head of Iran-Italy joint chamber of commerce Ahmad Pourfalah called on Italian companies to invest in Iran’s industrial projects in a bid to expand bilateral commercial ties.
As the country gears up for a gradual change in the economic landscape after lifting of the economic sanctions imposed by the West over Iran’s nuclear program, economic experts are asking what…
During the first month of the current Iranian calendar year (began March 21), 38,400 metric tons of potatoes worth $15 million were exported, 1,479 times the value in the same period a year ago.…
A five-member trade delegation from Serbia, headed by Serbian Prime Minister and Minister of Trade, Telecommunications and Tourism, Rasim Ljaji?, is in Tehran to hold talks on issues of…
The 12th meeting of the heads of Economic Cooperation Organization (ECO) railway authorities was held on May 17-18 in Tehran, with focus on reviewing the latest developments in the…
Fruit imports are illegal, but one may wonder where all the exotic fruits in the market have come from, said the President of the National Union of Exporters of Agricultural Products, in an…
In recent years, there has been a growing trend among top entrance exam candidates as well as students in technical universities in Iran to shift to human science majors such as economics; as a…
The government is planning to export 10,000 metric tons of powdered milk to neighboring countries, head of Iran’s Animal Farmers Union, Saeed Soltani, told IRNA on Sunday.
Iran Aircraft Manufacturing Industrial Company (HESA) says it is domestically manufacturing a new civil aircraft with the capacity of 70 passengers, Mehr news agency reported.
Turkmen Ambassador to Tehran, Ahmad Qorbanov, expressed hope that the value of annual trade between Iran’s northern Golestan Province and Turkmenistan will reach $60 million by the end of this…
Minister of Economic Affairs and Finance Ali Tayebnia on Monday said 1,500 trillion rials ($52.6 billion at official exchange rate) in government debt has so far been identified and documented,…
The national railway sector requires $25 billion in investment to achieve the development goals outlined in the 2025 Vision Plan, minister of road and urban development, Abbas Akhoundi was quoted…
More than $980 million worth of textile and apparel was exported over the past Iranian calendar year (ended March 20), indicating a 5 percent increase compared to a year before, Mehr news agency…
The vice president of the Iranian Fisheries Organization announced the Iranian farmed caviar price at 1,700 euro per kilogram. The main export destinations are Spain and France, and Russia is…
Iran is ranked as the seventh largest consumer of cosmetics in the world. Iranians’ annual spending on the cosmetics is above $2 billion, accounting for nearly 30% of the $7.2 billion cosmetics…
