Domestic Economy

Officials of Afghanistan and Iran agreed in a meeting that Afghan goods trucks can cross into Iran without having to present bank guarantee letters.

In addition, border tariffs will also…

The 15th meeting of the Iran-Armenia Intergovernmental Commission was held in Armenia’s capital city of Yerevan on Monday and Tuesday.

Iran's Energy Minister Reza Ardakanian said on…

A seminar titled “Investment Opportunities in Iran” was held at the South Korea Chamber of Commerce and Industry in the South Korean capital Seoul on Monday.

Iran’s Ambassador to South…

Foreign Minister Mohammad Javad Zarif arrived in the Serbian capital Belgrade on Monday for the first leg of his East European tour, which will also take him to Bulgaria, Croatia and Bosnia.…

Iran’s Cabinet members have reduced import tariffs on frozen beef from 26% to 12%. 

The decision was communicated to the ministries of agriculture, industries and economy on Sunday…

Trade between Iran and Belgium stood at over €678 million in 2017, registering a 10.35% rise compared with 2016. 

This makes the European country Iran’s seventh biggest trade…

The average Producer Price Index in the 12 months ending Feb. 19, which marks the end of the Iranian month of Bahman, increased by 10.2% compared with last year’s corresponding period, the…

The Sixth Iran’s International Coffee Festival, also known as Coffeexiran 2018, is scheduled to open at Tehran’s International Permanent Fairground on March 2.

According to the official…

An economic and commercial delegation led by Vice President Mohammad Khazaei is scheduled to pay a two-day visit to Russia on March 5-6 to attend Iran-Russia Economic Cooperation Commission,…

As the current Iranian year is coming to an end on March 20, statistics on the country’s art market, namely the five major components—books, visual arts, cinema, theater and musical concerts—…

Iran’s southeastern Chabahar Port can be seen from two viewpoints. From the viewpoint of empowering less-developed regions of Iran, it shows that in their drive to develop the southeastern part…

An Iranian business delegation led by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei is scheduled to visit Albania and Macedonia from April 23 to 26…

For the first time in almost half a century, 46 years to be precise, the Iranian economy is expected to register a single-digit inflation rate for two years in a row. 

The Ministry of Industries, Mining, and Trade issued 13,974 permits for the establishment of industrial units during the nine months to Dec. 21, 2017, registering an increase of 16.9% compared…

Iran exported $5.57 billion worth of non-oil goods to Iraq during the 11 months to Feb. 19, the secretary-general of Iran-Iraq Chamber of Commerce said.

Hamid Hosseini also told…

More than 2 million tons of goods have been loaded and unloaded in Khorramshahr Port since the beginning of the current Iranian year on March 21, 2017, indicating a 130% jump compared with last…

Iranian President Hassan Rouhani’s recent state visit to India has strengthened the prospects of India-Iran relations and raised India’s profile in the region.

Indian Prime Minister…

From a moral standpoint, policymakers should not prioritize the interests of powerful economic entities over public welfare. However, when it came to deciding the cigarette tax rates last week,…

President Hassan Rouhani is scheduled to break ground on Phase 3 of Shahid Rajaee Port, Iran’s biggest container port at the mouth of the Strait of Hormuz in southern Hormozgan Province on…

The average goods and services Consumer Price Index for urban areas in the 12 months ending Feb. 19, which marks the end of the Iranian month of Bahman, increased by 9.9% compared with last year…

The Iranians’ overall declining purchasing power and excessive imports have pushed the Iranian textile industry into recession in recent years, the chairman of Tehran’s Wholesalers and Textile…

The Islamic Republic of Iran Customs Administration has allowed the pre-arrival declaration of imported commodities in Shahid Bahonar Customs Terminal of Bandar Abbas in the southern Hormozgan…

Members of parliament have set the highest increase in salaries for public sector employees in the next fiscal year (starting March 21) at 20%.

The railroad to connect the two Iranian cities of Qazvin and Rasht has made 81% physical progress and is scheduled to come on stream during the second month of the next Iranian year (starting…

Eight Iranian provinces, namely Hormozgan, Semnan, Markazi, North Khorasan, Khorasan Razavi, Ardabil, Ilam and Zanjan, registered single-digit unemployment rates (7.5%, 8.3%, 8.5%, 8.7%, 8.8%, 9…