Iran can play the role of a safe haven for Irish investors and the two sides should try to expand economic as well as political ties, Javad Heravi, the head of Iran-Ireland parliamentary amity…
Domestic Economy
Deputy Minister of Industry, Mine and Trade, Mojtaba Khosrowtaj, said on Thursday that compared to other countries in the region, Iran’s economy is the least dependent on foreign industries,…
Prices in rural areas rose 0.6 percent during the months of Dey (ending January 20), a recent report released by the Statistical Center of Iran (SCI) shows. The year-on-year inflation rate in Iran…
The government has called for the removal of those who earn more than 25 million rials ($925 at official exchange rate) per month from the list of subsidy receives, Ali Mohammad Ahmadi, a…
Although sugar industry has been severely hit in recent years, “invisible hands” are putting pressure on the government to increase imports of the commodity, the member of Tehran’s Chamber of…
In a meeting Tuesday between Iran’s Minister of Economy and Finance Affairs, Ali Tayebnia, and Turkish Minister of Customs and Trade, Nurettin Canikli, both sides agreed to form a joint committee…
Improving economic ties with neighboring countries and promoting export of non-oil commodities have been at the core of Iranian government’s agendas ever since revenues generated from oil exports…
The ministry of Industries, mines, and trade is slated to sign a memorandum of understanding with the Eurasian Economic Union (EEU) to commence exports to Russia in the near future with lower…
First Vice-President Es’haq Jahangiri has called on the private sector to vigorously engage in export of engineering and technical services to the neighboring countries and beyond, saying boosting…
Iran is planning to transfer technical know-how in the agriculture industry to Iraqi Kurdistan, Vice President for Scientific and Technological Affairs Sourena Sattari said in a meeting with the…
Iran will export 20,000 tons of cooking oil and processed sugar to Iraq every month, Ali Qanbari, managing director of Iran State Commercial Company said on Monday. According to IRNA, Qanbari who…
Head of Iran’s Chamber of Commerce, Mines, Industries and Trade, Gholam Hossein Shafe’ie says trade with Russia will rise in case barter transactions between the two countries increase, ISNA…
Head of Tehran’s Chamber of Commerce, Industry, Mines and Agriculture, Yahya Al-Es’haq on Tuesday said Madrid has promised to extend support to the Spanish companies planning to invest in Iran.
Former Irish prime minister Bertie Ahern, heading a trade delegation, arrived in Tehran on Tuesday as part of an official visit aimed at broadening trade ties with Iran.
Expansion of relations between Iran and African countries is beneficial for all parties and is in line with Iran’s policy of strengthening ties with the African continent, Foreign Minister,…
Iran’s Minister of Communications and Information Technology, Mahmoud Va’ezi, and Turkey’s Minister of Customs and Trade, Nurettin Canikli, in a meeting held in Tehran on Tuesday, emphasized the…
The value of commercial transactions between Iran and Britain reached over 133 million euros (about $150 million) between January and October 2014, showing a 36 percent rise compared to the same…
The value of ‘suitcase trade’ – purchasing consumer goods where prices are low and later selling them elsewhere for profit – in the first ten months of the current year (March 21-January 20) stood…
More than $2 billion worth of clothes have been illegally imported during the first nine months of the current year (March 231- December 21), while legal import stood at $6 million during the same…
Transactions in the housing sector have been on the rise in winter, head of the real estate union, Hesam Oghabie told Mehr news agency on Monday. “In the first week of the second month of winter,…
Ever since the Rouhani administration took office, it has been promising to reduce the inflation rate and establish fiscal discipline. The achievement of these goals requires two steps; first,…
While Iran’s trade balance with the United States is negative, commodities like raisins, carpets, and saffron are exported to the US and, on the other hand, medical supplements, bovine semen,…
About 11 million metric tons of various commodities were transported through the borders in the first ten months of the current Iranian year (ending on March 20), indicating a 9.5% increase…
Development Organization of Iran Valiollah Afkhamirad on Sunday, Croatia’s ambassador to Iran, Striebor Keric said Croatian traders and industries are keen to invest in Iran and cooperate with the…
Tehran-Isfahan express railway will be tracklaid in the near future, Abbas Akhoundi, the minister of roads and urban development said in a news conference on Monday. Traveling at 300 kilometers…