Nearly 5,000 metric tons of honey, valued at $28 million, was exported during the past Iranian calendar year (ended March 20), senior official at the ministry of agriculture Mashallah Jamshidi…
Domestic Economy
Expansion of trade with Turkey will be a priority in the post-sanction era, said vice president for international affairs at Tehran’s chamber of commerce, industries and mine Mohammad Reza…
Swiss business representatives, who arrived in Tehran earlier this week, met with the business community and chairman of Iran Chamber of Commerce, Industries and Mines, Gholam-Hossein Shafei on…
In its latest move to boost the level of non-oil exports, the government, with the consent of the Central Bank of Iran (CBI), has approved provision of low interest rate loans (below 5%) from the…
Speaking during a ceremony to mark the National Labor Week on Tuesday, President Hassan Rouhani called for a shift from oil-dominated economy toward Resistance Economy. “We must be able to stand…
The government is planning to stop payment of cash subsidies to 6 million high-income Iranians by the end of the current Iranian year (March 19, 2016), deputy minister of cooperatives, labor and…
Tariff rates on aquatic exports to Eurasian Economic Union (EAEU) based on Preferential Trade Agreements (PTAs) with the member states have been reduced from 26 percent to 7 percent, deputy…
Nearly 170 metric tons of saffron was exported during the past Iranian calendar year (ended March 20), deputy head of the National Council of Saffron, Gholamreza Miri said on Monday. “Khorasan…
Iran has temporarily banned rice and sugar imports due to oversupply in the market, deputy minister of agriculture, Abbas Keshavarz told ISNA. “The sugar market is saturated with both domestic…
Remittances to and from Iran equally grew last year, according to the World Bank’s latest Migration and Development report. This new data lays bare the difficulties the government faces in…
While official records put the import of home appliances during the past Iranian year (ended March 20) at $450 million, data provided by auditing organizations indicate that more than $5 billion…
Iran’s economy is ready for a “take-off” as the authorities have unanimously come to conclude that economic affairs must be transferred to the private sector, former chairman of Tehran chamber of…
A group of German businessmen and industrialists, led by deputy CEO of the Association of German Chambers of Industry and Commerce (DIHK), Volker Treier, met with senior officials from Iran…
Deputy director of economic affairs in the ministry of cooperatives, labor and social affairs, Seyed Abbas Hosseini says the government, with parliament’s backing, has allocated 40 trillion rials…
Iran is willing to promote Halal brand in Europe, head of Trade Promotion Organization of Iran (TPOI), Valiollah Afkhami, announced on Sunday, as reported by IRNA. The official made the…
The total economic value of Iran’s farmed animals including livestock, poultry, fish and honeybee is estimated at 1,030 trillion rials ($31 billion) by head of Iran Veterinary Organization, Mehdi…
Iran imports $600 million worth of tea annually; however the value of exports amounts to $20 million per year, the head of north of Iran’s tea farmers’ union said on Saturday, as reported by ISNA…
First Vice President Es’haq Jahangiri called for the development of knowledge-based companies, noting that it could help reduce the country’s dependence on oil revenues, and create job…
Tehran and Muscat have signed an agreement to establish a direct shipping line between Iran’s Shahid Rajaee Port and Oman’s Sohar Port.
The agreement was signed between Iran and Oman…
The cost of creating a single job in the cooperative sector is one third of that in other sectors, IRNA quoted a senior official at the ministry of cooperatives, labor and social welfare Alireza…
Tehran is willing to expand commercial and economic ties with Bosnia and Herzegovina, Iran’s ambassador to Sarajevo, Seyed Hossein Rajabi, said in a meeting with Bosnian Foreign Trade and Economic…
Russia will soon be added to the list of countries importing Iranian caviar, ISNA quoted deputy head of aquatics at Iran’s Fisheries Organization, Hossein Abdolhai as saying.
Around 1.9 million metric tons of non-oil commodities, worth more than $2 billion were exported through East Azerbaijan Province over the past Iranian calendar year (ended March 20), IRNA quoted…
Despite growing optimism that Iran will open up to foreign investment soon, policymakers have been taking a strong position on protecting domestic industries, in line with the general economic…
The government’s attempts to block foreign cigarette imports in the current Iranian calendar year (started March 21) is bound to fail as domestic production is far below per capita consumption,…
