TEHRAN- Iran exported 14.46 million tons of petrochemical products worth $7.397 billion during the first eight months of the current Iranian calendar year (March 21-November 21), Shana reported. The country’s petrochemical exports stood at 1.5 million tons valued at $858 million in the eight calendar month of Aban (October 23-November 21). In July, Ali-Mohammad Bossaqzadeh, the […]

Minister of Economic Affairs and Finance (MEAF) Masoud Karbasian placed special emphasis on enhancing trade and business ties between Iran and India. Iran and India shares social and cultural commonalities, he said, adding, “there is no limitation in enhancing relationship between Iran and India, so that appropriate opportunity has been provided for both Iran and […]

TEHRAN- Iran’s exports of saffron increased 33 percent during the ten months ended on January 20, 2018, vice chairman of Iran’s Saffron National Council told Mehr news agency on Friday. According to Gholamreza Miri, Iran exported 160 tons of the product during the said time span, registering 33 percent growth in comparison with the same […]

Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari said that international organizations predicted a bright and rosy future for Iran’s economy in 2018. He pointed to the recent developments in the world in the face of Joint Comprehensive Plan of Action (JCPOA), the official title of nuclear deal, and the […]

TEHRAN – Iran gained some 526.4 trillion rials (about $12.63 billion) in tax income during the first seven months of the current Iranian calendar year (ended on October 22, 2017). According to the report, the Iranian government could manage to collect $12.6 billion of the total 689.2 trillion rials (about $16.53 billion) anticipated to be […]

TEHRAN – Iranian 1st Vice-President Es’hagh Jahanigiri said on Sat. that the country needs the experiences of other countries across the world if it wants to improve its economic conditions. Speaking at the second Iran’s Economy Conference currently underway in Tehran, Es’hagh Jahanigiri said that “whenever the enemies of the Iranian nation want to threaten Iran, […]

The economies of Iran and China complement each other, Iranian Minister of Industry, Mine and Trade Mohammad Shariatmadari said, stressing that the target of an average annual trade of $60 billion is within reach. In a meeting with chairman of China’s private sector chamber of commerce in Tehran on Wednesday, Shariatmadari stressed the need for […]

TEHRAN- Iran exported $495.827 million worth of pistachio during the first eight months of the current Iranian calendar year (March 20-November 21), Tasnim reported on Monday citing customs 8-month data. The country’s weight of exported pistachio stood at 59,744 tons during the mentioned time span, indicating an 18 percent fall from the figure of last […]

TEHRAN – The average daily production of gasoline in Iran during the first eight months of the current Iranian calendar year (March 21- November 21) reached 74.4 million liters to register an eight-percent rise compared to last year’s eight month output. The country’s refineries produced 68.8 million liters per day of gasoline during last year’s […]

TEHRAN – Iran’s nominal capacity to produce electricity has reached about 78,000 megawatts (MW) following the connection of a number of power plants to the country’s national grid over the past two weeks. The country’s overall nominal capacity to generate electricity has increased by 381 MW over the past two weeks, reaching 77,987 MW. During […]