Tehran Times

Iran eyes self-sufficiency in agriculture in 10 years

The head of Iran’s Agricultural Research Education and Extension Organization said the country will become self-sufficient in the production of many strategic agricultural products in the next 10 years, IRIB reported.

Agriculture and Environment

Iran president submits next year’s budget bill to parliament

President Ebrahim Raisi submitted the national budget bill for the next Iranian calendar year (March 2024-March 2025) to the Majlis (parliament) on Tuesday.

Macro Economy

Iran-Turkey trade reach $4.4b in 10 months

The trade exchanges between Iran and Turkey in the first 10 months of 2023 reached $4.4 billion, showing a 16 percent decline compared to the same period of last year.

Trade

TCCIMA, Iran Customs Administration ink cooperation MOU

Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and the Islamic Republic of Iran Customs Administration (IRICA) signed a memorandum of understanding (MOU) to cooperate in facilitating foreign trade.

Local Chambers

Iran’s non-oil exports to India hit $1.3 billion in seven months

Also, exporting non-oil commodities valued at $1.1 billion to Iran, India was Iran’s fifth source of import during the first seven months of this year, the official announced.

Trade

Iran’s seven-month auto-output at 763,000

Iranian automakers produced about 763,000 vehicles in the first seven months of the current Iranian calendar year (March 21-October 22), an official with the Industry, Mining and Trade Ministry said.

Mine and Industry

Iran, Russia finalizing technical details of Rasht-Astara railway project

Kheirollah Khademi, the managing director of Iran’s Construction and Development of Transportation Infrastructures Company (CDTIC), has said 70 percent of the technical issues regarding the Rasht-Astara railway project have been discussed and finalized with Russia, and the rest will also be finalized soon.

Transportation

Iran’s H1 exports of home appliances at nearly $200m

Iran exported nearly $200 million worth of home appliances in the first six months of the current Iranian calendar year (March 21-Septemebr 22), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA) and Trade Promotion Organization (TPO).

Mine and Industry

Iran’s agro-food exports rise 21% in 6 months YOY

The value of Iran’s exports of agricultural and foodstuff products increased by 21 percent in the first six months of the current Iranian calendar year (March 21-September 22), official says.

Agriculture and Environment

U.S. admits to rise in Iran’s oil output, exports

U.S. senators and Western media have confirmed the increase in Iran’s oil production and exports despite sanctions over the past two years, Iranian Oil Minister Javad Owji has said.

Energy