The cooperatives sector has so far failed to deliver its envisioned share of 25% in the national economy as the sector’s current share is no more than 5%, according to senior official at Tose’e Ta…
Domestic Economy
Rural inflation rate stood at 13.4 percent in the first month of the current Iranian calendar year (started March 21), showing a 3 percent decrease compared to a month before, according to the…
About 10,000 metric tons of silk cocoons are produced in Iran annually, IRNA quoted head of Sericulture Organization, Ali-Asghar Dadashpour as saying.
About $2 billion worth of apparel is smuggled into the country annually, while legal imports are 333 times less at $6 million, Eghtesad News quoted deputy industry minister Mojtaba Khosrotaj as…
A Chinese delegation in a visit to Alborz Province – located northwest of the capital Tehran – has expressed readiness for making investment there, IRNA reported.
Iran’s West Azerbaijan Province plays a crucial role in consolidating trade ties between Tehran and Ankara, said Turkey’s ambassador to Iran Reza Tekin Hakan, calling for closer relations with the…
As nuclear negotiations between Iran and the P5+1 group are seemingly bearing fruit, market watchers are already voicing concern about a slump in prices when Iran returns to the global commodities…
President Hassan Rouhani says that Indian investment in the Port of Chabahar will open a new chapter in Tehran-Delhi trade ties, IRNA reported.
He made the remarks while receiving Indian…
The heads of Iran and Algeria chambers of commerce, Gholam-Hossein Shafei and Mohamed Laid Benamor held talks on Tuesday as part of Iran-Algeria Trade Forum organized by Iran Chamber of Commerce,…
Tehran is seeking to increase trade with Tunis, head of Iran’s Trade promotion Organization (TPO) Valliollah Afkhamirad said in a meeting with Tunisian ambassador to Tehran Qazi bin Sali on Monday…
A 100-member business delegation from Poland, headed by undersecretary of state for Africa, Asia and Middle East policy, public and economic diplomacy, Katarzyna Kacperczyk, held talks with head…
About 1.3 million metric tons of non-oil goods were exported through Shahid Bahonar Port, in the city of Bandar Abbas in southern Hormozgan Province, over the past Iranian calendar year (ended…
More than 1.05 million metric tons of goods crossed the country’s borders during the first month of the current Iranian calendar year (started March 21), to register 29% growth compared to the…
Yogurt is one of the most popular fermented dairy products worldwide which has great consumer acceptability due to its health benefits and special taste and texture.
Although domestic manufacturers produce quality leather, fake products made of artificial leather are distributed in the markets under the names of prominent international brands, member of…
With development in rapeseed cultivation, it is expected that 50-60 percent of the country’s vegetable oil consumption will be produced domestically within the next ten years, deputy agriculture…
The government has licensed a private company to construct and operate a 206-kilometer highway linking Hamedan and Kermanshah —the capital cities of two adjacent provinces with the same name.
Sovereign wealth funds (SWFs) are state-owned investment funds created by resource-rich countries with the aim of investing surplus revenues in long-term development projects at home and/or…
President Hassan Rouhani has called for a national movement to opt for domestic products instead of foreign brands.
The launch on Friday of Expo Milano 2015– a world fair that is expected to draw 20 million people to Milan over the next six months –has provided a suitable opportunity for Iranian and Italian…
For more than 35 years, western sanctions against Iran's aviation industry have forbidden the world's major aviation manufacturing companies to do business with Iran. However now, commercial…
It was hard to assume that private businesses in Iran would one day deliberate on pumping money into the Syrian market, a market of roughly 23 million people that is all but cut off from the…
All the cigarettes sold in the Iranian market under the brand Marlboro are smuggled as there is yet no official permission issued for the import of this brand, said deputy minister of industries,…
As it was predicted earlier the preferential tariff agreement (PTA) deal between Tehran and Ankara, which came into force in January, is working more to the benefit of Turkey than Iran. Turkey’s…
More than 5 trillion rials ($178.5 million based on official exchange rate) worth of goods was exported from Aras Free Zone (AFZ) during the past Iranian year (ended March 20), recording an…
