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Yesterday 13:41
By Mahnaz Abdi
Tavaniran match-making system to strengthen domestic production
TEHRAN- During a press conference on Tuesday, Domestic Production Center of Iran’s Ministry of Industry, Mining and Trade unveiled “Tavaniran system”, which is aimed at invigorate and strengthen domestic production through strong match-making between producers of Iranian products and the consumers inside the country.
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2020-01-19 16:50
By Mahnaz Abdi
Trade centers in regional countries to spur non-oil exports
Reimposition of the U.S. sanctions on Iranian economy has led the Islamic Republic to reduce its dependence on oil revenues and elevate its other sources of income instead; while increasing non-oil exports has come as the most significant approach in this regard.
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2020-01-07 16:45
By Mahnaz Abdi
Commercial profit tax exemption for imported machinery showcased in exhibits
TEHRAN- Iranian cabinet has approved the proposal submitted by Iran International Exhibitions Company to exempt commercial profit tax for the machinery which are imported to be showcased in the exhibitions inside the country, the managing director of the company announced.
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2019-12-29 17:57
By Mahnaz Abdi
Italians persistently willing to preserve trade with Iran under sanctions
TEHRAN- Although the U.S. renewed sanctions against Iranian economy are preventing Iran’s European trade partners to do business with the Islamic Republic, Italian traders and businessmen seem strongly determined to preserve their trade ties with Iran.
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2019-12-24 17:21
By Mahnaz Abdi
Private sector dissatisfied with national budget bill
On December 8, President Hassan Rouhani submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1399 to the Majlis.
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2019-12-16 14:00
By Mahnaz Abdi
IRICA taking more steps to facilitate imports, combat sanctions
TEHRAN- Since the U.S. re-imposition of sanctions against Iran’s economy, Islamic Republic of Iran Customs Administration (IRICA) has been taking various measures to facilitate customs process both for exports and imports of the commodities to reduce the effect of sanctions.
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2019-12-04 17:20
By Mahnaz Abdi
Indigenizing modern technology in steel sector nullifies sanctions
While the U.S. unilateral sanctions on Iran in recent years have upset the Iranian industry in some sectors, the statistics indicate that the minerals sector has not been affected by the sanctions, while it’s been also improved.
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2019-11-30 14:14
By Mahnaz Abdi
Iran Grain Conference to host 70 renowned foreign companies
TEHRAN- Iranian capital city Tehran will host 70 renowned foreign companies during a large international conference on grains, oilseeds and related industries during December 2 and 3 at Espinas Palace Hotel.
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2019-11-18 17:12
By Mahnaz Abdi
Imposing duty on exports of iron ore a right decision?
In a bid to prevent the exports of unprocessed minerals, creating more value added and meeting the requirements of domestic producers for the raw materials, Iran has levied a 25-percent duty on the exports of raw minerals (specially iron ore) since September 23.
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2019-11-13 17:20
By Mahnaz Abdi
Tax exemptions in FTZs under debate
Development of existing free trade zones (FTZs) and establishment of new FTZs is currently one of the major economic approaches of Iran and in a bid to attract more investments to these zones Iranian government offers various incentives to the investors.
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2019-11-09 18:32
By Mahnaz Abdi
Establishment of trade offices abroad on agenda
It has been proven that the U.S. cannot achieve its target of driving Iran’s oil exports to zero, but there is no doubt about Trump administration’s maximum pressure strategy toward Iranian economy.
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2019-11-08 17:31
By Mahnaz Abdi
‘Private sector plays significant role in non-oil exports during sanctions’
TEHRAN- Iranian finance and economic affairs minister appreciated the role that the private sector is playing to help the country sustain its non-oil exports during the sanctions time and said, “Fortunately, we managed to continue our non-oil exports, despite all difficulties and limitations, through the aids of private sector.”
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2019-10-21 21:22
By Mahnaz Abdi
Outlook plan required for copper industry development
Holding 34 million tons of copper reserves, Iran accounts for four present of the world’s total reserves of this metal which is 830 million tons.
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2019-10-09 20:58
By Mahnaz Abdi
Banking system reform: improving or interrupting?
Last week, Iranian Finance and Economic Affairs Minister Farhad Dejpasand announced that a plan for reforming the country’s banking system has been prepared by the ministry and handed over to President Rouhani in late September.
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2019-10-07 20:24
By Mahnaz Abdi
National Exports Day aims to promote Iran’s exports: TPO head
TEHRAN- Iran’s National Day of Exports (October 21), which has been celebrated over the past 22 years, is aimed at promoting the country’s exports status, Hamid Zadboum, the new head of Iran’s Trade Promotion Organization (TPO), said in a press conference on Monday.
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2019-10-05 17:06
By Mahnaz Abdi
Oil offering at IRENEX facing challenges, but will definitely continue
The national budget law for the current Iranian calendar year (started on March 21) obliges the Oil Ministry to offer at least two million barrels of light crude oil, two million barrels of heavy crude oil and two million barrels of gas condensate at the international ring of Iran Energy Exchange (IRENEX) every month.
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2019-10-01 18:43
By Mahnaz Abdi
Domestic manufacturing of home appliances thriving
As the current Iranian calendar year of 1398 is named the year of "Pickup in Production" by Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei and given that realization of this motto toward Iran’s self-reliance is in fact the only way to tackle the U.S. cruel sanctions, all governmental bodies have defined programs to boost and flourish domestic production and are seriously pursuing them.
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2019-10-01 17:33
By Mahnaz Abdi
High presence of companies in exhibitions shows thriving domestic production
TEHRAN- Participation of Iranian companies has noticeably increased in the national and international exhibitions in the current Iranian calendar year (began on March 21) which is a sign of thriving production in the country, according to the managing director of Iran International Exhibitions Company.
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2019-09-27 17:02
By Mahnaz Abdi
Stock market’s prominent performance in H1
While lagging the parallel markets of foreign currency, gold coin, and real estate behind, Iran’s stock market hit a new record during the first half of the current Iranian calendar year (March 21-September 22), as TEDPIX, the main index of Tehran Stock Exchange (TSE), closed at an all-time high of 302,103 points.
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2019-09-23 17:43
By Mahnaz Abdi
Private sector disapproving of trade law amendment bill
TEHRAN- On September 1, Iranian parliament (Majlis) approved a bill on amending the country’s trade law.
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2019-09-22 19:37
By Mahnaz Abdi
Chabahar-Zahedan railway project requires private sector’s contribution
Connecting the ports to the railway network is an issue seriously emphasized and followed up by Iran over the recent years, as the country is strongly pursuing the objective of boosting exports and transit via its ports.
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2019-09-17 19:48
By Mahnaz Abdi
IRICA expediting, facilitating customs processes
Last month, Iran’s Finance and Economic Affairs Minister Farhad Dejpasand in a directive addressing the head of Islamic Republic of Iran Customs Administration (IRICA) obliged the customs administration to take measures for facilitating customs processes. The directive set a deadline for IRICA to take the necessary actions.
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2019-09-16 15:42
By Mahnaz Abdi
Over 600 companies to attend IRAN PLAST 2019
TEHRAN- Iran’s 13th International Exhibition of Plastic, Rubber, Machinery and Equipment (IRAN PLAST) will host 570 Iranian and 35 foreign companies at the Tehran International Permanent Fairground from September 22 to 25, managing director of National Petrochemical Company (NPC) announced in a press conference on Monday.
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2019-09-06 17:32
By Mahnaz Abdi
Railway development highly dependent on private sector’s involvement
Expanded transportation via railway is today one of the major pillars of sustainable development for the countries; and it is why the governments usually allocate noticeable funds and resources to development of railway.
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2019-09-03 21:53
By Mahnaz Abdi
Private sector’s contribution to development of Shahid Rajaee Port rising
Located in Iran’s southern province of Hormozgan, Shaid Rajaee is the country’s largest and best-equipped container port.
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2019-09-02 19:24
By Mahnaz Abdi
Iran-Armenia economic ties not affected by U.S. sanctions
While the U.S. renewed sanctions on Iran are aimed at isolating the Islamic Republic both politically and economically, Iran’s relations, especially in the economic sectors, with its neighbors are seemed not to be affected by the sanctions.
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2019-09-01 17:51
By Mahnaz Abdi
Investment funds laying ground to attract more investors
Investment funds have gained high popularity among the investors over the past two decades.
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2019-08-28 18:37
By Mahnaz Abdi
Strengthened political ties, now a surging trade between Iran, Oman
According to the data released by the Islamic Republic of Iran Customs Administration (IRICA), the value of trade between Iran and Oman has increased to $870 million during the first seven months of this year from $557 million in the same period of time in the past year.
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2019-08-25 19:53
By Mahnaz Abdi
Technical, engineering services export, a privilege to boost foreign trade
According to the Association of Iranian Exporters of Technical and Engineering Services, Iran has the potential and capability to export technical and engineering services worth $25 billion in a year.
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2019-07-30 21:42
By Mahnaz Abdi
Channeling liquidity into stock market to pick up production
The statistics show that stock market in Iran is moving toward more and more development and creating better condition for entrance of more investors.
