The unreasonable rise in customs duties creates an opportunity for smuggling, which in turn affects the competitiveness of Iranian manufacturers due to the cheap price of imports, Masoud Karbasian…
Domestic Economy
Farmers’ involvement in the whole process of producing and marketing agricultural products can eliminate the need for middlemen, agriculture minister Mahmoud Hojjati said during the opening…
Iranian industries will experience more competition if sanctions are removed as the result of the ongoing talks between Iran and the P5+1, predicted Valiollah Afkhamirad, deputy minister of mine,…
Iran’s flagship carrier, Iran Air, has seized the opportunity provided by the historic interim agreement signed by Iran and the P5+1 countries last November, and successfully purchased new airline…
Tehran will host the first international exhibition of leather, accessories, shoes and related Industries on Nov. 17-20 at the Tehran International Fair Ground, MNA reported. Over 135…
Providing adequate infrastructure for the mining projects across the country is the government’s first priority regarding this sector, Es’haq Jahangiri, first vice-president, said on Saturday.
Next year’s budget will be based on an oil price of around $70 to $80, ISNA quoted Mohammad Baqer Nobakht, government’s spokesman, as saying on Friday.
Foreign companies’ presence in the Iranian market has increased up to 50 percent since the Rouhani administration came to power last August, Mohammad Javad Ghanbari, the deputy director of Iran’s…
The ministry of industry, mine and trade has unveiled the draft Industrial Development Strategy, Donya-e-Eghtesad reported.
In his latest meeting with the representatives from the Tehran…
Northern Cyprus can act as the gateway to Europe for Iranian products, Karim Khosravian, the commercial attache of Northern Cyprus in Iran said to Tasnim news agency yesterday. “Northern Cyprus is…
The government aims to create a positive trade balance through deregulating foreign trade and empowering domestic businesses to compete in international markets, the head of the Trade Promotion…
An Iranian delegation headed by the governor general of Mazandaran Province, Rabie Fallah, is in Bishkek to meet Kyrgyz officials for negotiations over the expansion of bilateral economic…
Iran’s new foreign policy has led to advancements in the ongoing nuclear talks with the P5+1 group of six world powers. This has created a good setting for the increase of cooperation in various…
The economic sanctions imposed by the West have taught Iran to think of further strengthening its relations with the neighboring states rather than counting on western ties, President Hassan…
The administration will allocate 5.8 trillion rials ($217 million) to various production and industrial companies, Mohammad Shariatmadari, the vice president for executive affairs…
A trade fair featuring Iranian-made products has started its operations in Tajikistan on Wednesday in the presence of Khorasan Razavi Governor, Alireza Rashidian. Some 84 Iranian companies have…
Iranian and Iraqi businessmen must set up joint companies to boost bilateral trade, deputy director of Iran Chamber of Commerce, Industries and Mines, Ali Mirmohammad-Sadeqi, said on Wednesday. “…
Transactions in the housing sector rose 40 percent in Mehr (September 23-October 22), as market seems unlikely to see another jump in prices in the coming weeks, the head of the real estate union…
The office of vice president for strategic planning and supervision has approved the allocation of 12,000 billion rials ($450 million) in subsidies to the manufacturing sector, as announced by the…
Iran and the United Nations Industrial Development Organization (UNIDO) have developed a very effective cooperation on the issue of employment, Minister of Cooperatives, Labor and Social Welfare,…
Non-oil exports will reach $48 billion by the end of the current Iranian year (March 2015), a number that shows more markets have opened to Iranian-made products, Secretary of the Tehran Chamber…
The ministry of cooperatives, labor, and social welfare is studying a bill that gives employers the right to fire an employee anytime, but, at the same time, makes them responsible to shift…
Iran’s import registration procedures should be modified to facilitate imports and foreign trade in general, the Deputy Minister of industry, Mine and Trade, Valiollah Afkhamirad, said on…
Iran-Iran trade exchanges have seen a twentyfold increase over the past decade and it could reach up to $25 to $30 billion per year, vice-president for executive affairs, Mohammad Shariatmadari,…
