By Mahnaz Abdi

Producers to be more supported, encouraged

The current Iranian calendar year of 1398 is named as the year of "Pickup in Production" by Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei.

‘Domestic manufacturing of auto parts should be seriously followed up’

TEHRAN- The policy of domestic manufacturing of auto parts should be seriously followed up, Iranian Industry, Mining and Trade Minister Reza Rahmani said on Sunday.

2,200 industrial units to back online by Mar. 2020: industry min.

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani said 2,200 industrial units will come back to the production cycle by the end of current Iranian calendar year (March 19, 2020), IRNA reported.

Tehran, Baku to strengthen industrial relations

TEHRAN- During the trip of Iranian Industry, Mining and Trade Minister Reza Rahmani to Azerbaijan, the two sides agreed to expand bilateral industry relations, IRNA reported.

‘Over $85b of working capital required to stay productive’

TEHRAN - Iranian industry, mining and trade minister said the country needs 3.6 quadrillion rials (about $85.714 billion) of working capital in order to sustain the domestic production.

Iran plans to double exports to neighboring countries by 2021

TEHRAN - Iranian industry, mining and trade minister said the country plans to double its exports to the neighboring countries by the Iranian calendar year of 1400 (which starts in March 2021), Tasnim news agency reported on Friday.

Trade offices to be opened in Iraq, Lebanon, Syria, Turkey

TEHRAN – Iran is going to open business offices in some of the strategic countries in the region including Iraq, Syria, Turkey and Lebanon, IRNA reported on Tuesday quoting the minister of industry, mine and trade.

Iranian, Iraqi ministers confer about energy, economy co-op

During the two-day stay of an Iraqi high-ranking delegation in Iran, the Iraqi ministers met their Iranian counterparts to discuss different areas of cooperation between the two neighbors.

Iran, Iraq take new steps to expand trade ties

TEHRAN – In the first day of Iranian President Hassan Rouhani’s high profile visit to Iraq, an Iran-Iraq business forum was held in the capital city of Baghdad.

‘Industry’s priority preserving domestic production level’

TEHRAN- “The main goal and priority of industry ministry is preserving the current level of domestic production,” Iranian industry minister announced in a news conference in the southern province of Kerman on Wednesday.

By: Haniyeh Sadat Jafariyeh

Will phoenix rise from the ashes?

Iran has experienced an unprecedented devaluation of its currency, rial, during the current Iranian calendar year 1397, which is going to end on March 20, 2019.

Iranian private sector calls for government support in sanctions era

TEHRAN - Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie said the government should allocate more financial support for the country’s private sector producers during the sanctions era, the portal of ICCIMA reported.

$14b of foreign currency paid for imports of basic goods since March

TEHRAN- The Iranian Industry Minister Reza Rahmani announced that since the beginning of the present Iranian calendar year (March 21, 2018) the government has paid $14 billion of foreign currency at official exchange rate to imports of basic goods.

Iranian industry min. calls for more economic ties with Turkey

TEHRAN- Iranian Industry Minister Reza Rahmani, who accompanied President Hassan Rouhani in his trip to Turkeys, called for expansion of economic cooperation between Tehran and Ankara during his meetings with the Turkish president, his Turkish counterpart and other senior officials from that country, Shata reported on Friday.

New IMIDRO head appointed

TEHRAN- Khodadad Gharibpour is appointed as the new deputy industry minister and the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), IRIB reported.

Iranian MPO, industry ministry ink MOU to create 270,000 jobs

TEHRAN - Management and Planning Organization of Iran (MPO) and the Ministry of Industry, Mining and Trade signed a memorandum of understanding (MOU) based on which the two sides will allocate 210 trillion rials (about $5 billion) to create 270,000 job opportunities across the country.

1,370 industrial units resume activity since March

TEHRAN- Some 1,370 industrial units that had stopped their activity have resumed their operation since the beginning of current Iranian calendar year (March 21, 2018), Iran’s Industry Minister Reza Rahmani announced.

Salehinia appointed new head of ISIPO

TEHRAN- Mohsen Salehinia was appointed as the new head of Iran Small Industries and Industrial Parks Organization (ISIPO).

‘NDF allocates some reserves to market stability, production flourishing’

TEHRAN- Some portion of the reserves of National Development Fund (NDF) has been allocated to market stability and also to production flourishing, Iranian industry, mining and trade minister announced on Thursday.

All proposed ministers get votes of confidence

TEHARN – All four ministers proposed by President Hassan Rouhani received votes of confidence from lawmakers in a Saturday session of the Majlis.

Speculations on appointment of 3 ministers

TEHRAN- “Mohammad Shariatmadari, Reza Rahmani, and Farhad Dejpasand are the government’s candidate ministers for the ministries of labor, industry and economy respectively, Fars news agency quoted, the ex-head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Sunday.

Intl. metal working exhibition kicks off in Tehran

TEHRAN – The third edition of Iran’s International Exhibition for Metal Working (AMB Iran 2018) kicked off on Tuesday at Shahr-e-Aftab International Exhibition Center in Tehran.

By Mahnaz Abdi

Annual FDI attracted in Iran’s industry, mining, trade up 75%

TEHRAN- Iranian industry, mining and trade sectors attracted $3.5 billion of foreign direct investment (FDI) in the past Iranian calendar year (ended on March 20), which indicates 75-percent growth from the figure of its preceding year, according to an industry official.

6,000 new industrial units to be established by Mar. 2018

TEHRAN- Iranian Deputy Industry Minister Reza Rahmani said the Industry Ministry plans to set up 6,000 new industrial units creating 50,000 jobs in the country by the end of current Iranian calendar year (march 20, 2018), IRNA reported.

Over $2.6b to be allocated for renewing production units

TEHRAN – Iran’s Ministry of Industry, Mining and Trade is going to allocate 100 trillion rials (about $2.64 billion) of facilities for renewing production units across the country, IRIB reported on Sunday.