With the aim of spurring non-oil exports, the government has shifted its focus to free trade zones for quite some time; and now the parliament looks set to approve six more such zones.
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Domestic Economy
Following the news of a fivefold increase in transit fees imposed by Iraqi customs authorities on Iranian trucks, director of Ilam Province customs office on Monday announced that Baghdad is…
A 60-member South African business delegation, headed by Minister of International Relations and Cooperation, Maite Emily Nkoana-Mashabane met with members of Iran’s Chamber of Commerce,…
A direct shipping line between Iran and Oman will be officially launched on Thursday May 14, with the first ship setting sail from Iran’s Shaid Rajaee port to Oman’s Sohar port, IRNA quoted deputy…
Ninety-four percent of the world saffron production comes from Iran, according to deputy agriculture minister, Mitra Majdzadeh, as reported by Mehr news agency. She added that more than 280 metric…
The United States exported $74.2 million worth of goods to Iran in the first quarter of 2015, which indicates a 72 percent increase compared to the similar period a year before, according to data…
As of the last month of the past Iranian calendar year (ended March 20), 17 new commercial aircrafts have been purchased and delivered to the country , announced Minster of Road and Urban…
The export of water-intensive crops such as watermelon and potato will intensify the ongoing water crisis in Iran, agricultural expert Sadegh Beyknejad told ISNA on Saturday. He warned that if…
Close to 208,000 metric tons of barley, valued at $54 million, was imported during the first month of the current Iranian calendar year (started March 21), recording an increase of…
Lately, Iranians have been strongly urged by the authorities to opt for domestically manufactured products instead of foreign goods in a bid to support the national economy.
Housing prices increased by 3.6% in the first month of the current Iranian calendar year (started March 21) compared with the similar period last year, IRNA quoted deputy minister of road and…
Based on the latest statistics released by Iran’s Customs Administration, palm oil was the seventh major imported good to the country during the first month of the current Iranian calendar year (…
After being hit by economic crises in recent years and a shift in consumers’ taste towards machine-made carpets, the centuries-old handmade carpet industry in Iran is now faced with a new dilemma…
As per statistics released by Iran Customs Administration, more than 45,300 metric tons of goods were exported from free trade zones (FTZs) and special economic zones (SEZs) in the country’s…
Iran and Poland are seeking to expand cooperation in the agricultural sector, IRNA reported.
Iran’s export of ornamental flowers is valued at about $40 million per year, according to head of the National Institute of Ornamental Plants (NIOP), Pejman Azadi, who noted that the country is…
About $110 million worth of footwear was exported in the past Iranian calendar year (ended March 20) showing a 5 percent decrease, ISNA quoted head of the Association of Managers and Experts of…
The first direct flight between Isfahan and Sharjah was launched on Friday. The Al Arabiya Airline conducted the route’s first flight, according to managing director of Isfahan’s Shahid Beheshti…
Having imported about $620 million worth of goods from Iran over the past Iranian calendar year (ended March 20), Italy was Iran’s top export destination in Europe, ISNA reported on Friday. …
Trade with China’s Muslim-dominated province of Xinjiang hovered around $1.6 billion during the first quarter of 2015, recording an increase of nearly 89.4% compared with the similar period in…
Georgia is an emerging trade partner for Iran, said head of Iran-Georgia joint Commercial Council, Fatemeh Moghimi, ISNA reported. Iran’s exports to Georgia exceed its imports.
India has signed a memorandum of understanding (MoU) with Iran to invest in development of the Port of Chabahar in southeastern province of Sistan and Baluchestan.
The United Arab Emirates’ Ministry of Environment and Water finally put an end to the rumors about watermelons the UAE had imported from Iran after certain Emirati media had claimed that the fruit…
The government has been seeking to avoid budget deficits via spending cuts and tax increases; however, the policy has forced end consumers to pay high taxes on daily expenses such as electricity,…
Although sugar beet production grew in the past Iranian calendar year (ended March 20), sugar business is in a slump, said secretary of Iranian sugar factories syndicate, Bahman Danayi, as…
