Promotion of exports will not materialize without an upgraded packaging industry, said Afshin Fakhr, secretary of International Festival of Leaders in Packaging Industry, which is due to be held…
Domestic Economy
Some 300,000 ornamental fish worth over $456,000 were exported from the city of Mahallat in Iran’s Markazi Province to Iraq, Afghanistan and Persian Gulf states in the last Iranian year (March…
Iran and Pakistan signed a memorandum of understanding during the recent visit of Iranian President Hassan Rouhani for promoting bilateral trade and opening up two more crossing points on Pak-Iran…
In the run-up to and, more increasingly, following the July 2015 accord between Iran and world powers, which saw the end of western sanctions in return for Iran limiting the scope of its nuclear…
The government has been tasked by the parliament to remove 24 million people from the list of cash subsidy recipients and spend the saved financial resources on job creation, lawmaker Mohammad…
Iran’s exports to the UAE in the last Iranian year (March 2015-16) increased by more than 21% compared to the previous year to reach $4.9 billion. The figure accounts for 13.8% of Iran’s…
The budget bill for the new Iranian year (started March 20) will be discussed in the parliament on Tuesday, Mehr News Agency quoted lawmaker Mohammad Reza Ebrahimi as saying. President Hassan…
Throughput at Iran’s northern port of Anzali has been on the rise since the removal of western sanctions against the country in mid-January, says director general of Gilan Province’s Ports and…
Imports from Turkey—fourth biggest exporter to Iran—declined by 23% to reach $3 billion in the last Iranian year (ended March 19, 2016) compared with the corresponding figure of the previous year…
Iran can now meet 90% of its domestic need for pulses and it is estimated that in the new Iranian year (started March 20), 700,000 tons of the edible seeds will be produced from 825,000 hectares…
The Islamic Republic of Iran Railways will host the First International Oil, Rail and Ports Conference on May 15-16 in Tehran. The International Union of Railways—the worldwide professional…
Iran represents an important frontier market with significant opportunity for companies in search of growth through acquisition or capital investment.
There is potential for early movers to…
Despite environmental concerns raised during the past few decades regarding the use of plastic products, the extensive plastic bag consumption underscores the ever-rising demand for this product…
On the sidelines of the 13th edition of Malaysia International Halal Showcase, Iran’s Ambassador to Malaysia Marzieh Afkham urged Iranian traders to take advantage of the economic benefits of…
A delegation, including representatives of 70 companies from Germany’s North Rhine-Westphalia, headed by the state’s Minister of Economic Affairs, Energy and Industry Garrelt Duin will visit Iran…
South Korea and Iran will hold working-level talks in Tehran next week to discuss their economic ties.
Pakistan and Iran aim to increase annual trade volumes between the two countries to $5 billion by 2021, according to Pakistani Prime Minister Nawaz Sharif.
The 10,500-km journey from Yiwu City in eastern China through Kazakhstan, Kyrgyzstan, Uzbekistan and Turkmenistan was sluggish. But when the first Chinese train pulled into Tehran station after a…
The goods and services Consumer Price Index for urban areas in the 12 months ending March 19, which marks the end of the Iranian month of Esfand, increased 11.9% compared with last year’s…
Iranian and Austrian representatives of their respective countries’ private sectors signed deals worth over $2 billion in Vienna on Thursday.
Indian officials and merchants have asked the Islamic Republic of Iran Customs Administration to lower tariffs on tea imports from India.
In 2014 and 2015, India exported some 18,000 and 22…
A 13-year-old Airbus A320 passenger plane has been delivered to Kish Airlines, the CEO of the Iranian company, Mohammad Ali Sadat-Akhavi announced on Wednesday.
Kish Airlines, which…
Iran’s non-oil foreign trade during March 21, 2015-16 stood at $81.38 billion, according to the latest report of the Islamic Republic of Iran Customs Administration.
The Statistical Center of Iran announced that the economy grew 0.7% during the nine months of the current Iranian year (March 21-December 21, 2015).
Agriculture was the only growing sector…
China, the world’s third largest and the most populous country, is one of Iran’s main trading partners. The country’s large workforce and cheap raw materials have turned it into a major producer…
