The Iranian Parliament is determined to work in conjunction with the government to remove top three high-income deciles of Iranian households from the list of cash subsidy recipients in the…
Domestic Economy
Iran’s state grains buyer Government Trading Corporation has issued an international tender to buy 30,000 tons of rice to be sourced from India, European traders said on Wednesday.
The…
Around 1.7 million tons of sugar are estimated to be produced in the current Iranian year (started March 21) to register a 6% increase compared with last year, the executive of the Sugarbeet and…
For the first time since the 1979 Islamic Revolution, the government has allocated up to 3.5 trillion rials ($87.5 million) out of revenues earned from value added tax for the development of…
Germany’s Commercial Center affiliated with Iran-Germany Chamber of Commerce opened in Tehran on Thursday.
According to chairman of the joint chamber, Omid Yaraqi, the center will…
Foreign investors have invested about $8 billion in Iran’s debt market so far this fiscal year (started March 21), Managing Director of Iran Fara Bourse Amir Hamouni said.
“Out of the $8…
The citizens of the Islamic Republic are no different from their western counterparts in their taste for branded luxury goods.
As the second largest economy in the Middle East after…
Based on an agreement between Iran and the Eurasian Economic Union, exports of Iranian biscuit and chocolate to the EEU member states will be exempt from customs duties, a deputy minister of…
Iran’s trade with the European Union stood at €13.1 billion in the eight months ending August 2017, almost double compared with the same period of last year.
Renovation and expansion of land routes leading to Iraq have cost the Iranian government 5.5 trillion rials ($135.67 million) since the fiscal 2014-15, a deputy roads and urban development…
About 96% of workers in Iran have temporary contracts, the head of workers’ guilds association said. Stressing that lack of job security and low wages are the two main challenges facing workers…
Iran exported $67 million worth of commodities to Kenya during the six months to Sept. 22, up 168% compared with last year’s corresponding period, the Arab-African States Department of Iran…
Economic departments will be established in Iranian diplomatic missions within a couple of weeks, Mehr News Agency quoted Deputy Foreign Minister Morteza Sarmadi as saying. Back in July, Majlis…
Trade between Iran and Pakistan stands at $230 million a year, of which only $44 million account for Pakistan’s exports. This was announced by Mohammad Vali, the head of Iran-Pakistan Chamber of…
Iran and Turkey plan to add 60 categories of goods each to their preferential trade agreement in December.
Iran’s non-oil foreign trade during the first seven months of the current fiscal year (started March 21) stood at $52.52 billion, indicating a 6.2% rise compared to last year’s corresponding…
Afghan Chief Executive Abdullah Abdullah said the operationalization of the Chabahar Port project is an important step toward the economic development of South and Central Asia and will boost…
The government and the parliament are set to work together in a bid to improve the business environment and increase the productivity rate, Gholam-Hossein Shafei, the chairman of Iran Chamber of…
Close to 400 tons of biscuit worth nearly 32.55 billion rials ($1 million) were imported into Iran during the five months to Aug. 22, according to figures released by the Islamic Republic of…
India is one of Iran's main trading partners.
According to Iran-India Business Council, bilateral trade between the two countries is deep-rooted and dates back to thousands of years.…
A two-day meeting of railroad authorities from countries along the Persian Gulf-Black Sea Transport Corridor is scheduled to be held in Tehran on Tuesday and Wednesday, the International Affairs…
Iran will reopen all its border crossings with Iraq’s Kurdistan Region in the coming days, lifting restrictions imposed after last month’s Kurdish vote in favor of independence, Iran’s Chief of…
A Russian food exhibition, organized by Russian Export Center, is scheduled to open in Tehran on Thursday in the presence of 30 leading Russian companies engaged in food industries.
The tea harvest season in Iran has come to an end. This year, 108,000 tons worth 2.03 trillion rials ($50 million) were purchased from local farmers, registering a 23% decline compared with last…
Iran exported over 1.27 tons of garlic worth 40.55 billion rials ($1.25 million) during the five months to Aug. 22, figures released by the Islamic Republic of Iran Customs Administration show…
