• Iran-EU Trade Tops €12b

    Trade between Iran and the 28 member states of the European Union during the first eight months of 2018 amounted to €12.02 billion, indicating a 4.4% decrease compared with last year’s similar period.
    Iran’s top five trade partners over the period under review were Italy, France, Spain, Germany and Greece with more than €2.93 billion, €1.98 billion, €1.82 billion, €1.71 billion and €1.04 billion worth of transactions respectively.
    Trade with Croatia (€62.84 million), Hungary (€80.35 million) Latvia (€6.27 million), Spain (€1.82 billion) and Austria (€390.35 million) saw the highest increase of 1,673.6%, 213.4%, 157.8%, 63.6% and 28% respectively. 
    Iran experienced the sharpest decline in trade with Cyprus (65.6%), Bulgaria (59.6%), Portugal (53.2%), the Netherlands (44.9%) and Slovakia (28.9%). 

Domestic Economy

  • Businesses Told to Explore Russian Market
    Trade between Russia and Iran has increased in recent months and now Iran is looking to benefit further ...
  • Anzali Links Qatar to CIS
    The visiting Head of Qatar-Iran Friendship Group said the Anzali Free Zone could link the Persian Gulf Arab country to ...
  • Gov't to Make ‘Justice Shares' Tradable
    The ministry of economic affairs and finance is forming a special committee to facilitate the process of ..
  • Iran Is Ageing
    According to the 2012 World Population Prospect report released by the United Nations Population Division ...
  • Power Consumption Down
    Official figures show national power consumption is down by 6,000 megawatts.
  • Railway to Revive Silk Road
    The project to connect Iran to Afghanistan through railway is reaching its final stages inside Iran...
  • Pharmaceutical Sector Needs $2b
    The minister for health said on Monday that at least $2 billion is needed to be injected into pharmaceutical ...
  • Gov’t Buys Wheat at Guaranteed Prices
    The government has purchased 6.6 million tons of wheat from domestic farmers so far this ...
  • Cooperatives Exclusive to Women
    The ministry of cooperatives, labor, and social welfare has announced plans for the establishment of cooperatives exclusive to women.
  • Workplace Accidents Alarming
    A high number of workplace accidents take place in Iran every year, most of them caused by the lack ...
  • PMO Reports Progress
    Trade indicators including those of export, import, and transit have risen 12% since the current government took ...
  • Potato Exports
    Potato exports have increased 143% in the first five months of the current Iranian year, which ...
  • Gov’t Mulls Raising Bread Prices
    The government is trying to make decisions about bread and wheat prices in a way that the people ...
  • Gold Mine Starts Operation
    Zarshooran Gold Mine Complex has produced its first sample of gold ingot, said the mine supervisor Reza Alvan to...
  • Romanians  in Trade Talks
    A delegation of senior trade Romanian officials has met with their Iranian counterparts in...
  • Automakers Selling Assets; Debt Payoff or ...?
    Recent reports show that car production in Iran has increased this year in spite of falling demand.
  • Tackling Water Shortage
    The alarming situation of water resources in Iran darkens the outlook of food security in the country.
  • Romania-Iran Trade Ties
    A delegation from the Romania-Iran joint chamber of commerce is on a 4-day visit to Iran.
  • Need for $50b to Avoid Blackouts
    Experts believe at least $50 billion in investment is needed if the government is going to avoid ...
  • Ex-Officials May be Prosecuted
    President’s Chief Adviser Akbar Torkan on Saturday criticized those officials in the previous administration who ...
  • $1b Exports to Afghanistan
    Iran exported $1.078 billion worth of goods to Afghanistan in the first five months of the ...
  • Lack of Job Skills
    Only a 15% of the graduates in Iran have enough job skills to enter the market, said the deputy minister...
  • Housing in Need of  Proper Financing
    The government faces an enormous challenge in providing the housing sector with the required finances to  ...
  • Agro Sector Will Get Less Water
    Efficient management of water resources in the agriculture sector and providing farmers with water ...
  • Improved Housing Standards
    The significance of improving house construction standards as well as developing a proper vision for training  ...