Iran Foreign Trade Policy

Economists and political thinkers have mulled over the relationship between politics and commerce for years, all of whom stress that if this relationship is not defined properly, it may lead to…

Iran traded 55.84 million tons of goods worth $28.36 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the 11 months to Feb. 19,…

The Industries Ministry and Central Bank of Iran signed a memorandum of understanding to coordinate the foreign trade programs of the former with the forex policy of the latter. According to a…

The government may decide to remove certain commodities from the list of imports entitled to subsidized dollar at the rate of 42,000 rials, but it is certain that wheat and medicines will remain…

Authorities in charge of foreign trade have recently spoken of $100-billion worth of export capacity, while seeking to export $35 billion worth of goods to these countries in the next four years…

Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture again faulted stringent CBI rules that govern the repatriation of export earnings.   In a meeting with chamber…

Iran’s application for accession to the World Trade Organization has been hanging in the air for nearly 24 years and counting.  This, on top of tough US sanctions reimposed on the country…

Iran’s non-oil exports increased from $4.2 billion to $46.8 billion over 17 years between the fiscal 2001-02 and fiscal 2018-19, registering an average annual growth of 16.23% or a 10.6-fold…

The decision to impose customs duty on date exports has been criticized by the head of Iran Chamber of Cooperatives' Agriculture and Food Industries Commission. Arsalan Qasemi has voiced his…

Economic analysts and businesspeople have time and again called for reforming Iran’s decades-old Trade Law. However, they also strongly disapprove of legislators’ ongoing rush to pass the new…

First Vice President Es'haq Jahangiri has given a nod to a proposal by the Iran Chamber of Commerce, Industries, Mines and Agriculture to ease rules demanding the Certificate of Origin for…

Iran traded 1.1 million tons of non-oil commodities worth $816.76 million with Latin American countries in the last fiscal year (ended March 20, 2019) to register a 22.28% and 29.88% decline in…

The import of 1,339 commodities was banned last year and plans are to add more to the list. "The number of items in the import ban list will reach 1,530 in the current Iranian year (March 2019-…

In a surprise move, the federal government of Iraq has announced it will ban the import of juice and beverages as well as ice-cream and pastry from Iran as of June 1, citing a bid to support its…

With proposals to split the Ministry of Industries, Mining and Trade into two separate ministries making the rounds once again, a business expert says the issue should be put on the backburner…

The Iranian Ministry of Industries, Mining and Trade has removed 47 commodities from the list of banned imports. Commodities allowed for import under the new directive fall under the wide-…

The import ban on secondhand and repaired products has been lifted, provided they are approved by the Institute of Standards and Industrial Research of Iran.

Over 8,000 traders were involved in export business during the first seven months of the current year (March 21-Oct. 22), indicating that 1,100 more companies have tried their hand compared with…

The new forex policy, announced last week by the Central Bank of Iran, which will partially remove the ceiling for the price of the dollar and allow more freedom for market changes, has…

The government has banned the import of 1,339 commodities categorized as “non-essential goods with domestic counterparts”.