The route from Dagestan to Iran via Azerbaijan should be built faster, as it will always be in demand, as well as the International North-South Transportation Project via Iran to India. …
Domestic Economy
Iran has strongly pitched for faster implementation of the Chabahar Port project as well as the use of the facility by India to send various shipments, saying the key transit hub will benefit…
Iran experienced an average annual inflation rate of 46.5% in the last fiscal year that ended on March 20, 2023, according to the Central Bank of Iran. CBI says the Consumer Price Index stood…
Almost all countries are grappling with housing dilemmas.
Iran imported $3.1 million worth of goods from the US in the first month of 2023, down 36.73% compared with $4.9 million in January 2021, the latest data released by the US Census Bureau show.…
Iran exported 7 million tons of agricultural and food products worth $4.5 billion during the first 11 months of the current Iranian year (March 21, 2022-Feb. 19), the latest data released by the…
Iran’s exports to the Eurasian Economic Union’s member states reached 3.09 million tons worth $1.34 billion during the current Iranian year’s first 11 months (March 21, 2022-Feb. 19),…
A total of 1.21 million tons of foreign goods were transited via Iranian railroad during the current Iranian year’s first 10 months (March 21, 2021-Jan. 20), according to the Islamic Republic of…
The main feature of the economic system formed in Iran after the 1979 Islamic Revolution was government domination. Note that the government was a mighty power in the economic system even before…
Iran and Belarus have signed a protocol to establish a permit-free procedure for international road freight transport.
The Islamic Emirate of Afghanistan’s minister of industry and commerce has called for stronger economic relations with Iran.
A delegation from Uzbekistan visited the Iranian Ministry of Roads and Urban Development on Sunday and agreed on the implementation of a comprehensive program to expand bilateral…
Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 5.99 million tons worth $3.34 billion during the first 11 months of the current Iranian year (March 21, 2022-…
Iran has introduced measures to expand its mining and metals sector in recent years as part of plans to diversify its economy away from oil revenues.
In recent years, Iran’s decision-makers prioritized the issues of supporting production and economic development, and devised policies to meet these goals. However, slogans and economic…
The Belarus State Committee for Standardization and the Iran National Standards Organization have signed a memorandum of understanding during the recent official visit of Belarusian President…
Iran is an ancient country at the heart of the Silk Road, linking trade routes between the East and the West.
“Education”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 31.4% in the 11th month of the current Iranian…
Iran’s gross domestic product growth reaches 3.7% during the first three quarters of the current fiscal year (March 21-Dec. 21, 2022) compared with the preceding year’s corresponding period, the…
Iran-Belarus cooperation holds great potential and the two countries can significantly increase trade, Belarusian Industry Minister Aleksandr Rogozhnik said during a meeting with Iranian…
Cambodia’s Ministry of Health and the Iranian Ministry of Industries, Mining and Trade have announced their intention to cooperate in the fields of vaccines and medical equipment.
Potentially, Indo-Iranian relations can be far-reaching and multidimensional, as Tehran’s geographical location helps extend New Delhi’s geopolitical outreach and India's vision can make…
A total of 6.65 million tons of semi-finished steel products were exported from Iran during the first 11 months of the current fiscal year (March 21, 2022-Feb. 19) to register a 0.1% year-on-…
Iran’s exports of minerals and mining products to Saudi Arabia is expected to rise significantly, as the two sides have reached a new diplomatic agreement, according to the Iranian Mines and…
Iran’s trade with Shanghai Cooperation Organization’s member states, excluding crude oil exports, stood at 47.47 million tons worth $37.32 billion during the first 11 months of the current…