TEHRAN – Iraq is preparing infrastructure to receive Iranian natural gas in its southern city of Basra within two months, IRIB news reported quoting the National Iranian Gas Company’s managing director. Iran has agreed to export up to 25 million cubic meters of gas to Basra as soon as Iraq is ready. “Everything is ready […]

TEHRAN- Iran exported $6.855 billion worth of mineral products during the first nine months of the current Iranian calendar year (March 21-December 21, 2017), with three percent rise compared to the same period of time in the preceding year. As Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced, the mineral exports also […]

TEHRAN- Trade exchange between Iran and the European Union countries increased 61 percent in the first 10 months of 2017 from the same time in 2016, IRNA reported on Monday. The figure stood at €16.64 billion in the said time, the same report confirmed. Iran’s exports to EU countries was €8.24 billion and its imports […]

Deputy Minister of Oil Alireza Sadeghabadi said no budget has yet been set for importing gasoline into the country for the next Iranian calendar year, so that gasoline imports will be ceased in this period. Sadeghabadi made the remarks on Sunday night reiterating that, “gasoline imports will be stopped as of the beginning of the […]

TEHRAN- Iran’s major steel producers produced 12.775 million tons of crude steel during the first nine months of the current Iranian calendar year (March 21-December 21, 2017), Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced. The country’s crude steel output stood at 18.466 million tons in the past Iranian calendar year 1395 […]

TEHRAN- The 11 edition of Tehran International Tourism Exhibition (TITE 2018) is to host 500 Iranian and foreign companies from February 23 to 26, IRIB news reported on Sunday. “Some 430 Iranian and 70 foreign companies from Italy, Germany, Brazil, England, Switzerland, Spain, Russia, and Cyprus will take part in this event at the Tehran […]

Last month, Iranian Deputy Industry, Mining and Trade Minister Jafar Sarqeini announced that the government will impose a 10% export duty on iron ore from the beginning of the next Iranian calendar year 1397 (March 21, 2018) and plans to increase the figure to 15% in the calendar year 1398. The official said that the government’s decision is […]

In its latest report, Iranian Parliament Research Center put the country’s e economic growth in the current year at 4.1 percent. In addition, the Center put the inflation rate in the current year (to end March 20, 2018) at 10.5%. Turning to the situation of tax income, economic growth oil price and inflation rate, the […]

Iran exported $950 million worth of dried fruit over the course of eight months since March 2017, the head of the Trade Promotion Organization of Iran says. Pistachio nuts were the most important export item which brings the country $1 billion-$1.2 billion in hard currency revenues a year, Mojtaba Khosrotaj said on Saturday. Exports of the […]

TEHRAN – Iranian cooperatives and unions presented over 39,000 job opportunities to the country’s workforce during the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2017). According to the data released by the Ministry of Cooperatives, Labor and Social Welfare, the mentioned jobs were created at 2,535 newly established cooperatives and […]