Iran is facing a line of foreign trade delegations wanting to negotiate closer economic ties, head of Iran’s Chamber of Commerce, Industry, Mine and Agriculture, Gholam Hossein Shafei, said on…
Domestic Economy
Bread prices will increase in the upcoming calendar year (to start March 21); Fars news agency quoted Arsalan Fat’hipoor, the head of the parliament’s economic commission as saying on Saturday.…
Iran is facing serious environmental challenges such as drought and water crisis, but the government is trying to address the problems through strategic planning, First Vice-President Eshaq…
More than 5,400 tons of hand-woven carpets worth more than $284 million have been exported during the first ten months of the current year, registering a 32 percent rise in volume and 14 percent…
While South Korea was the first country to impose sanctions on Iran’s auto parts industry, it was the biggest exporter of automobiles to Iran in the current year (to end March 20), Mehdi…
More than 74,000 metric tons of high quality honey has been produced this year, deputy minister of agriculture, Hassan Rokni, said on Friday, calling on the government and the private sector to…
Successive Iranian administrations have earned more than $1,000 billion in oil revenues since the 1979 Islamic Revolution. But, instead of saving the revenues in an investment fund, they have…
While lawmakers contend that the government is refusing to subsidize well-to-do Iranians, the government insists that it is waiting for the parliament’s final endorsement to begin preventing the…
The issue of Iranian products’ standard was addressed in the latest memorandum of understanding (MoU) signed between Tehran and Baghdad, as part of First Vice President, Es’haq Jahangiri’s visit…
The government has no plans to impose import restrictions or prioritize the import of certain commodities in the next Iranian year (starting March 21), head of Iran’s Trade Promotion Organization…
Iran has signed three deals with the Boeing company since an interim nuclear deal was reached with the P5+1 group in 2013, which led to the temporary ease of sanctions, Iran Air CEO, Farhad…
Lawmakers have agreed to extend the pilot implementation of the value-added tax law throughout the next fiscal year that is to begin 21 March, IRNA reported on Wednesday.
More than 116 metric tons of saffron worth $166.4 million has been exported in the first ten months of the current year (March 21- January 20); however, the benefit gained by international…
In Iran the government is identified as the major player in the markets.
Iran is ready to export technical and engineering services to Cyprus, Minister of Industry, Mine and Trade, Mohammad-Reza Nematzadeh, said in a meeting with Cypriot Energy, Commerce, Industry and…
Export earnings are exempt from taxation, provided that the exporters file their income tax returns, IRNA cited director of Export-Import Development at Iran’s Trade Promotion Organization (TPO),…
Iran’s export of home appliances has increased in the past seven years, with $300 million in exports registered in 2014 compared with $82 million in 2007, Secretary of the Iranian Association…
The government is determined to complete the Mehr Housing Project by the end of the upcoming fiscal year (starting March 21), while 90 percent of the housing units of this projects will be…
About 100 metric tons of saffron worth $201 million was exported in the first ten months of the current year (March 21-January 20), Mahmoud Bazari, an official at the Trade Promotion Organization…
The administration has allocated 1,800 billion rials ($65.1 million at official exchange rate) to the development of rural areas Abolfazl Razavi, an official with first vice presidency’s rural…
The 2nd edition of the International Exhibition of Poultry, Livestock, Fishery and Related Industries opened on the southern Persian Gulf island of Kish on Wednesday.
Baghdad has welcomed Tehran’s proposal for establishing industrial towns and an auto manufacturing company in Iraq to produce cars under the banner of Iraqi brands, ISNA reported.
According to official statistics, Iran loses more than $1 billion in gross domestic product (GDP) on every public holiday. Multiply that by 76 official holidays every year and the figure adds up…
Located in arid regions of Iran with minimal annual precipitation, Isfahan province has been struggling with drought for seven years. Nevertheless, it is obliged to exploit maximum capacity in…
Iran’s civil aviation industry has undergone serious challenges in the past decades, mainly because of the sanctions imposed by the West after the 1979 Islamic Revolution and later on due to…
