An in-depth analysis of recent statements by various political figures points to the vision of future economic impetus by fully relying on the consolidation of trade and economic ties with…
Domestic Economy
Iran traded 86.84 million tons of goods worth $52.93 billion, excluding crude oil exports, with 15 neighboring countries that share land or sea borders, from the beginning of the current Iranian…
When it comes to policymaking, preferential trade agreements are classified into traditional and advanced, such that the former covers few policy areas and focuses on tariff reduction, while the…
Majlis, the Iranian Parliament, has concluded its amendments to the fiscal 2023-24 budget bill and sent it to the Guardians Council for final approval, Majlis Speaker Mohammad Baqer Qalibaf said…
The 10th round of the commerce chambers elections concluded late Saturday and the preliminary results were announced soon after. The elections, held every four years at the county level, are…
New data released by the Iran Chamber of Cooperatives show the Purchasing Managers’ Index for the construction sector is nearing the threshold but remains contractionary. The PMI settled at 48.…
Uzbekistan has approved Iran's entry into the Shanghai Cooperation Organization and the corresponding document was signed by Uzbek President Shavkat Mirziyoyev.
Kenyan farmers rearing sheep and cultivating onions on a large scale will soon be exporting to Iran. In a new deal signed between Kenya and Iran, about 40-50 tons of sheep meat and 10,000 tons…
The Ministry of Cooperatives, Labor and Social Welfare has officially rolled out the so-called “electronic coupon” system. “In view of the successful pilot of the project in the four provinces…
“Communications”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 9.8% in the 11th month of the current…
Armenia has proposed an Iran-Black Sea corridor to connect Indian traders with Russia and Europe. The offer was made last week by a visiting Armenian team comprising senior officials and…
Iran’s state procurement agency, the Government Trading Corporation, reportedly purchased several hundred thousand tons of Russian milling wheat last week for April and May shipment. The…
The Purchasing Managers' Index for Iran’s economy has emerged from a record low registered in the 10th month of the current Iranian year (Dec. 22, 2022-Jan. 20), new data released by the…
Iran’s economy grew by 3.3% in the first three quarters of the current fiscal year (March 21-Dec. 21, 2022) compared with the preceding year’s corresponding period, the Statistical Center of…
Iran’s plans to start mining lithium ore from two newly discovered deposits in the next two years could prove to be a lifeline in the medium term for an economy battered by high inflation and…
India and five Central Asian countries on Tuesday asserted that Afghani soil must not be used for any terrorist activities even as New Delhi announced a fresh tranche of 20,000 tons of wheat to…
The First Economic Cooperation Summit of Iran with West African countries was held in Tehran on Monday.
Iran and the UAE have agreed on Tuesday to boost aviation collaboration. Spokesman of Civil Aviation Organization of Iran Jafar Yazarlou said a memorandum of understanding has been signed…
Iran is negotiating deals with the Qatari side in the fields of maritime transportation, insurance, banking and food security, Alireza Peymanpak, the head of Trade Promotion Organization of Iran…
Iran’s first dry port was inaugurated in Eslamshahr County of Tehran Province on Monday in the presence of Minister of Roads and Urban Development, Mehrdad Bazrpash. “Aprin” is touted as inland…
A total of 13.13 million tons of livestock and poultry feed worth $6.45 billion were imported during the first 11 months of the current Iranian year (March 21, 2022-Feb. 19), registering a 118%…
The value of proven mineral reserves discovered by the Iranian Mines and Mining Industries Development and Renovation Organization across the country stands at $28 billion, according to IMIDRO’s…
An 11-storey permanent trade and exhibition center of Iranian products was officially inaugurated on Sunday in the Parwan area of Kabul. Nooruddin Azizi, Taliban’s acting minister of trade and…
“Health and Medical Treatment”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 41.1% in the 11th month of…
The United Nation’s Food and Agriculture Organization estimated that 13 million tons of wheat were produced in Iran in 2022, over 28% more compared to 10.1 million tons in 2021. The quarterly…
