Economy

Economy

Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

$8.5b in Foreign Funds Approved in Post-JCPOA Era: Iranian Minister

An Iranian minister says $8.5 billion in foreign investment have been approved by the Organization for Investment and Technical Assistance of Iran in the post-sanctions era, of which $5.5 billion pertains to the industry and mining sector.

Bosnian Business Delegation Due to Visit Iran on Saturday

An economic delegation from Bosnia and Herzegovina will arrive in Iran on Saturday in a visit aimed at expanding economic relations between the two countries.

Iran’s Agriculture Sector More Appealing than Turkey’s: Foreign Financiers

A number of foreign investors believe that Iran’s agriculture sector is more appealing for them than that of the neighbouring Turkey.
Pomegranate

Korea and EU States Main Customers of Iran’s Pomegranate

South Korea was the biggest customer of Iranian pomegranate. Other export destinations include Germany, the UK, the UAE, Ukraine, Sweden, Switzerland and the Netherlands,...

US Puts Chinese Firm on Sanctions List for Selling Fire Hydrants to Iran!

Two Chinese companies included on a new US sanctions list targeting Iran said on Sunday they had only exported "normal" goods including fire hydrants to the Islamic Republic and didn't consider they had done anything wrong.

Germany, Top Customer of Iran’s Barberry

Many countries including the US, Britain, Canada, Australia, and Austria bought barberry from Iran in 2016, but Germany imported the highest amount.

Iranian MP Calls for Minimised Export of Unprocessed Saffron

An Iranian lawmaker criticized the export of unprocessed Iranian saffron, saying a portion of the Iranian saffron exported to European and Arab states is rebranded and resold by these countries.
russian-food

Iran about to Lose Russia’s Food Market

Iran risks losing Russia’s food market which was hit hard after the EU imposed sanctions on Moscow following Russia’s annexation of Crimea and the ensuing conflict between Kiev troops and pro-Russia forces.

Malaysian Minister to Visit Iran on Sunday

Malaysian Minister of Plantation Industries and Commodities Mah Siew Keong will arrive in Tehran on Sunday at the head of a 25-member delegation to explore avenues of expanding bilateral ties with high-ranking Iranian officials.

Iran Exporting Chewing Gum to Italy, Sweden, Australia

Iran has exported well over 1,500 tonnes of chewing gum to several countries in the world in the nine months to December 2016.

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