Domestic Economy

  • Iran’s packaging industry is far from meeting international standards, despite progress in recent years, IRNA quoted CEO of the Iranian Small Industries and Industrial Parks Organization (ISIPO),…

  • Paying cash subsidies to people under the so-called ‘Subsidy Reform Plan’ could, from a mathematical point of view, reduce economic disparity. Yet, experts believe after its implementation, the…

  • Iran’s trade relations with regional countries, such as Turkey, is based on win-win policy, deputy minister of industry, mine and trade, Mojtaba Khosrotaj said, speaking at a conference on Iran-…

  • The parliament on Tuesday decided to lower the cap for the total cash subsidies paid by the government to Iranian households from 42 trillion rials ($1.5 billion at official exchange rate)…

  • The Persian Gulf Special Economic Industrial and Mining Zone (PGSEZ) has attracted $9 billion in domestic and foreign investments over the past decade, Managing Director of PGSEZ, Masoud Hendian…

  • Serbia’s deputy prime minister and minister of trade, tourism and telecommunications, Rasim Ljaji?, in a meeting with Iranian Ambassador to Serbia, Majid Fahimpour, held in the Serbian capital…

  • Tehran-Ankara cooperation in railway industry and rail transportation will open a new chapter in trade ties between the two neighboring countries, Iran’s consul general to Turkey, Mohsen…

  • Iran is expected to export 70,000 metric tons of eggs by the end of the current (ending March 20), which is twice the amount exported last year, secretary-general of Iran’s Egg-Laying Hens…

  • With proper planning, we can reduce tax evasion by at least 60 to 70 percent, head of Iran’s National Tax Administration (INTA), Ali Asgari said on Sunday, noting that “tax evasion in Iran…

  • Tajik Ambassador to Tehran Nematollah Imamzadeh called for the expansion of bilateral cooperation between Iran and Tajikistan in economic investments, during his visit to Arak…

  • Trade between Iran and Armenia currently stands at $340 million, over 90% of which pertains to Armenia’s import of Iranian goods

  • The Consulate general of Iran in Karbala, Shokrollah Taheri called for expanding the export of high quality Iranian products to Iraq, addressing a gathering of Iranian businessmen in Zanjan in…

  • The bill for the establishment of Mehran free trade zone in the western Ilam province will be submitted to the parliament in the coming days,” senior advisor to the governor-general of Ilam…

  • Bilateral trade with Brazil is estimated to reach $2 billion per year, head of Iran-Brazil chamber of commerce, Fakhroddin Amerian, said on Sunday, noting that Iran’s share in trade with the South…

  • Railroad construction in Iran has been traditionally carried out by the public sector, since according to Article 44 of the Constitution, railroads and all large-scale industries are regarded as…

  • At least 50,000 new jobs can be created through low interest loans provided by Omid Entrepreneurship Fund (formerly, Imam Reza Compassion Fund), ISNA quoted the fund's deputy for organizing and…

  • The government has proposed increasing  the prices of  domestic and foreign-made cigarettes by 20% and 40% respectively in its budget bill for next Iranian year (starting March 21), in…

  • President of Iran-India Tradesmen Council, Ebrahim Jamili says Iran’s import of tea from India amounts to $30 million, adding that the amount is expected to increase. He noted that the council has…

  • Tehran-Ankara bilateral trade will increase from its current $14 billion to $35 billion in the near future, Turkish Minister of Economy, Nihat Zeybekci, said on Saturday.

  • Iran is the world’s largest producer and exporter of saffron, accounting for approximately 90% of the world production, IRNA quoted head of Khorasan Razavi Province bureau of Joint Iran-…

  • Iran accounts for more than 5% of the world’s apple production, IRNA quoted head of Central Organization of Rural Cooperative of Iran, Hossein Safaie as saying on Saturday. The official added that…

  • Lawmakers agreed on Sunday to allocate 4,000 billion rials (about $148 million based on official exchange rate) from next year’s budget to the empowerment of the private and cooperative sectors,…

  • Iranian and Yemeni aviation authorities have signed a memorandum of understanding on air transport cooperation, IRNA wrote on Sunday citing a report released by Almayadeen TV Channel.

  • The 25th Regional Planning Council (RPC) meeting of the Economic Cooperation Organization’s (ECO) opened on Sunday at the ECO Secretariat in Tehran. ECO Secretary-General Shamil Aleskerov, and…

  • Head of Iran’s Chamber of Commerce, Mine, Industries and Agriculture, Gholam-Hossein Shafei called for the establishment of a “commercial court” in accordance with Article 29 of the Law for…