Bureaucratic procedures are a major deterrent to Iranian expatriates willing to invest in Iran, said Chairman of High Council on Iranian Expatriates Affairs Javad Ghavam-Shahidi on Sunday, adding…
Domestic Economy
It is not time yet to allow the Justice Shares to be traded in stock exchanges, Pouri Hosseini, head of Iranian Privatization Organization, said earlier this month, adding that this situation will…
Paper prices are poised to rise in the run-up to the new Iranian calendar year (starting March 21), Secretary of Paper and Paperboard Syndicate Taher Shobeyri told ISNA yesterday. Explaining…
Up to 190 metric tons of saffron have been produced in the current Iranian year (ending March 20) and the export level has increased by 22 percent, Secretary of National Saffron Council Farshid…
The government needs to shift its focus from macroeconomic policy to narrower approaches in order to help shore up the troubled manufacturing sector, Persian economic daily Forsat Emrooz cited…
The preferential tariff agreement (PTA) signed between Iran and Turkey is unbalanced and is more in favor of Turkish companies than Iranian enterprises, Hamidreza Qaznavi, spokesman of ‘Iran…
Tehran and Baghdad have increased trade to $12 billion in recent years, head of Tehran’s Chamber of Commerce, Mines, Industries and Trade Yahya Al-Es’haq announced on Friday.
Noting that “oil cannot be excluded from Iran’s economy,” government spokesperson, Mohammad Bagher Nobakht on Saturday called for efforts to lower the influence of oil in Iran’s annual budget.
The housing market is gradually stepping out of recession, deputy minister of roads and urban development Hamed Mazaherian, told ISNA yesterday. Transactions in the housing market are…
Consumer prices in urban areas stood at 16.3 percent in the 12 months ending on January 20 (marking the end of the Iranian month of Dey), according to the Central Bank of Iran (CBI).
Iran will launch an exclusive trade and industrial fair on February 25-26 in Turkmenistan, Hassan Mortaja, the exhibition organizer told IRNA yesterday. Turkmenistan is the only country that has…
The United Arab Emirates and China are the two major trade partners of Iran, Head of Trade Promotion Organization of Iran (TPO), Valiollah Afkhamirad told ISNA on Saturday.
Iran will export 100 tons of trout to Russia in the near future, deputy minister of agricultural Jihad Hassan Salehi, who is also the head of Iran Fisheries Organization, told Mehr news agency on…
Bilateral trade between Iran and Russia will significantly increase with the lifting of sanctions imposed by the West, Russia’s ambassador to Tehran, Levan Jagaria, told Moscow-based Rossia…
In a bid to expand economic relations between the five Caspian Sea littoral states, Iran has proposed creating a Cooperation Council of Free Economic Zones (FEZ) in the region, which would pave…
The value of non-oil exports significantly rose over the past Iranian month of Dey (ending on January 20th) with the trade balance positive territory. Iran exported 7.439 billion dollars worth…
Iran and Turkey seek to expand their bilateral trade to $30 billion in value, Tnews reported on Wednesday.
In a joint meeting held in Turkey, Iranian parliament Speaker Ali Larijani and…
The value of goods smuggled into the country plus that of the fuel that is smuggled out amounts to more than 600 trillion rials (more than 21.8 billion dollars based on official exchange rate)…
The head of Iran’s Chamber of Commerce, Mines, Industries and Trade, Gholam Hossein Shafei stressed the importance of establishing a new shipping line between Iran’s southern port of Chabahar and…
Iran’s ministry of industry, mine and trade will be hosting the D-8 Organization for Economic Cooperation, also known as Developing-8 or D-8, due to be held in the capital city of Tehran on 26-28…
President Hassan Rouhani has personally ordered the allocation of 10 trillion rials ($370 million) in subsidy to the production sector by the yearend (March 20), Eghtesad news quoted Minister of…
Iran is a major olive producer in the world, ranking 11 out of a total of 43 olive producers across the world, Jean-Louis Barjol, the executive director of International Olive Council (IOC) said…
In his meeting with governor of South Khorasan Vajhollah Khedmatgozar, Swiss Ambassador to Iran Julio Haus, voiced his country’s willingness to establish favorable relations with Iran, the…
The 6th Doors and Windows Technology International Exhibition will be held in Tehran international permanent fairground on January 23-26, IRNA reported on Wednesday. The exposition is supported by…
The parliament has declined not to increase the tax levied on cigarette imports, Mohammad Hassan Nejad, a member of Integration Committee of the parliament told Tasnim news agency yesterday.…
