French Finance and Economy Minister Michel Sapin is in Tehran to discuss financial relations and economic cooperation between the two countries with top Iranian officials.
Domestic Economy
Government Spokesman Mohammad Baqer Nobakht said on Saturday that 4,853,386 people have been removed from the list of cash subsidies recipients as of January 20.
This comes as a report…
Close to 5 million tons of potatoes are produced in Iran every year, which meets domestic demand and a portion of which is exported, Iran’s Ministry of Agriculture announced.
The new railroad connecting Iran and Azerbaijan was tested late Friday after a train set off on a maiden journey from the city of Astara in the neighboring country. The train travelled 8…
Iran's economic growth for three quarters of the current fiscal year (March 20-Dec. 20, 2016) stood at 7.2%, according to First Vice President Es’haq Jahangiri.
As reported by Mehr News…
Chairman of Iranian National Tax Administration Seyyed Kamel Taqavinejad believes scuttling the value added tax and replacing it with consumption tax, as proposed by Majlis Joint Commission…
With a bustling population of 80 million people and an estimated GDP of about $400 billion, Iran is an emerging market ripe for investment.
In an interview with Bloomberg, Dragica Grbavac,…
When steel lobby group Eurofer on February 16 declared that Iranian steel exports had become a “threat” to European producers, many in Iran’s developing steel industry could have regarded it as a…
Economy Minister Ali Tayyebnia said rent-seeking, astronomical executive salaries and cronyism are examples of corruption in state-run companies.
Blaming the stiff resistance mounted by…
Close to $2 billion worth of goods have been exported from East Azarbaijan Province in northwest Iran since the beginning of the current Iranian year (March 20, 2016), the director general of East…
Butane Industrial Group signed a cooperation contract with Bosch Thermotechnology Ltd, a subsidiary of Robert Bosch GmbH, in late February whereby Butane company will be the exclusive manufacturer…
Kazakhstan and Iran are planning to establish a joint free trade zone, says Ayan Yerenov, chairman of Foreign Trade Business Chamber of Kazakhstan. “Negotiations are underway for creation of [a]…
Over $281 million worth of goods and services were exported from Iran’s seven free trade and industrial zones during the 10 months to January 19, indicating a 29% rise year-on-year.
Iran’s Ministry of Agriculture has lifted a ban on the import of Pakistani kinnow.
Pakistan’s Commerce Minister Khurram Dastgir Khan also announced that fast progress will be made in trade…
Kyrgyzstan plans to export over 350 tons of meat to Iran in 2017.
This was announced by Altynbek Orozbekov, a director of the State Agency for Promotion of Investments and Exports under the…
Iranian lawmakers approved 3.5 trillion rials (over $92.7 million) in the budget earmarked for the promotion and implementation of industrial and mining projects in underprivileged areas across…
A high-ranking commercial delegation from Slovakia, comprising representatives from 35 private companies, are scheduled to arrive in Tehran on March 7 to explore ways of expanding trade and…
Government Spokesman Mohammad Baqer Nobakht said the expansion of Iran’s budget during the administration of President Hassan Rouhani has not kept pace with inflation.
Nobakht, who also…
Two border crossings, one in Pishin and another in Rimdan, both located in the southeastern Sistan-Baluchestan Province, will be opened on Iran-Pakistan border within two months, said Iran’s…
Iranian lawmakers have added a new article to the budget for the upcoming fiscal year (March 2017-18) to attract US-based Iranian expatiates and their investments.
Iran’s economic freedom index grew 7 points compared to last year and reached the overall score of 50.5, reported the Heritage Foundation in its recently published 2017 Index of Economic Freedom…
Preliminary findings of this year's National Population and Housing Census will be released today, Omid Ali Parsa, the head of Statistical Center of Iran, said.
More than 200 million ornamental fish were produced in Iran over the nine months to December 20, an expert with Iran’s Fisheries Organization said.
“Goldfish accounted for some 80 million…
Iron and Steel Society of Iran is organizing its 20th International Steel Exhibition in the city of Tabriz in East Azarbaijan Province from February 28 to March 1.
Close to 119,000 jobs were created in Iran’s industrial parks since President Hassan Rouhani took office in August 2013, the head of the public relations of Iran’s Small Industries and Industrial…
