India will set up a company to develop Iran’s Chabahar Port to open up a better trade route into landlocked Afghanistan, a government statement said on Saturday. According to Businessworld, India…
Domestic Economy
Iran can become the Republic of Azerbaijan’s biggest trade partner in the near future, Azeri Deputy Economy and Industry Minister, Sahil Babayev, announced in a press conference in Baku on Sunday…
The head of Iranian National Standards Organization said the threat of soil erosion is critical as its rate is 20 times above the global standards.
Nayereh Pirouzbakht, speaking at the…
The average labor productivity growth rate in Iran stands at 1.3 percent, minister of labor, cooperatives and social welfare, Ali Rabiee, has announced.
In the closing ceremony of the 15th…
Competition between road and rail transport must proceed further, and the necessary infrastructures must be built in order to facilitate transportation across the country, minister of roads and…
Iran is to earmark $2.8 billion for the expansion of the main air terminal, Imam Khomeini International Airport in Tehran. Companies from France, China and Malaysia have announced their readiness…
The labor ministry seeks to reduce unemployment rate and is, therefore, planning to send Iranian youth and educated labor force to other countries under a special transfer system, deputy labor…
The mining sector’s share in the Gross National Product (GNP) is one percent, but the figure could increase to 3%, the minister of industry, mine and trade Mohammadreza Nematzadeh said. “The…
An official from the Export Guarantee Fund of Iran has sounded the alarm over a rising risk of export concentration, saying the limited number of export destinations could impact the national…
Despite its large swaths of unfertile land and desert, Iran is a large and proud producer of wheat. This looks set to change, however, as regional politics and a national water crisis drive the…
In its latest meeting, the cabinet ratified its 7-section plan aimed at stimulating growth in the housing sector, renovating dilapidated urban structures, and providing newly-wed young couples…
Iran’s non-oil exports reached 23 billion dollars in the first six months of the current Iranian year (March 21-September 22), deputy industry minister said Saturday, adding that the balance of…
As the first historic Iran-European Forum on future trade opportunities came to a close on Thursday in London's Marriott Grosvenor Park Hotel, business leaders and entrepreneurs at the event left…
The government plans to classify the domestic industries for receiving the $450 million subsidy package allocated to the manufacturing sector, Mohammadreza Nematzadeh, minister of industry, mine…
Efficient economic management has neutralized the impact of the Western-led sanctions against Iran, Minister of Economic Affairs and Finance, Ali Tayebnia told China’s CCTV on the sidelines of the…
A deputy agriculture minister has announced the allocation of 13,000 billion rials ($487 million) for implementation of modern irrigation systems.
The new funding plan targets around 200,…
Business operation licenses of 60 travel agencies have been suspended or revoked since May 2014, according a senior official. Out of 2,500 active travel agencies in Iran, 300 have been inspected…
Smuggling and high level of imports has undermined domestic production of home appliances, the head of home appliances manufacturers union, Mohammadreza Dayani told ILNA. “The government…
After a 21-day voyage from the Russian port of Astrakhan, the 5,000-ton Russian cargo ship - Pyotr Strelkov - berthed at Astara port, in northern Gilan Province, the head of Ports and Maritime…
The fourth seminar on ‘Economic Education and Research in Iran’ was held at Allameh Tabataba’i University, on Tuesday. In the presence of prominent professors in different economic fields…
Iran on Wednesday rejected a report by the Food and Agriculture Organization (FAO) on the country's reduced grain production in the farming year which ended September 30, 2014.
Iran and Vietnam have signed memorandums of understanding on expansion of economic cooperation, IRNA reported on Wednesday.
In his visit to Tehran, the Vietnamese Deputy Prime Minister,…
The Export Development Bank has allocated $300 million to boost Iran’s exports to Iraq, Head of Iran-Iraq joint chamber of commerce, Jahanbakhsh Sanjabi Shirazi, said in a seminar dubbed ‘…
During the past two years, reciprocal visits by Iranian and Russian officials and regional consultations have increased in a bid to expand bilateral relations. However, the economic cooperation…
The auto industry’s annual production capacity should reach 3 million, the minister of industry, mine and trade said Wednesday, adding that the new production target requires an export-oriented…
