foreign trade

Iran hits trade surplus of $738m

A latest report by Iran’s Customs Administration shows how a drop in imports helped increase the country’s trade surplus in a 9-month period (April-December).

Trade

Syria economy minister says “doors open” to Iranian firms

With government forces taking back large swathes of Syria from terrorists, Iran, that shore up the government in Damascus during the seven years of war, is keen to enter the country’s multibillion-dollar reconstruction market.

Iran Chamber

Iran’s Golestan province exports hit $200m in 9 months

The province is located on the southern shores of the Caspean Sea and shares border with Turkmenistan, one of the main markets for the Iranian goods.

Trade

Iran private sector urges Tehran-Ankara barter trade

Iran Chamber of Commerce President has urged Tehran and Ankara to set up barter trade to further expand bilateral economic relations.

Trade

Iran-EU trade rises by more than 6% to hit €16.5bn in Jan-Oct 2018

Figures released by the European Union statistical office show the trade volume between Iran and the 28 European states rose 6.66% before Donald Trump withdrew the US from the 2015 nuclear deal and reimposed sanctions on the country.

Trade

Iran, Oman launch fourth direct shipping line

The two countries on either side of the strategic Strait of Hormuz enjoy long-standign political, military and commercial cooperation. Tehran and Muscat have been recently pushing for more bilateral trade.

Transportation

Iran eyes expanding ties with Turkey

With a long border of nearly 600 kilometres, Iran and Turkey have been boosting political and economic cooperation in recent years. The two have been coordinating the efforts through four rounds of bilateral talks which started in 2014.

Trade

Iran, Russia-led bloc move toward free trade

Following the US abandoning of the 2015 nuclead deal and revival of economic sanctions, Tehran has been seen eager to look East and expand ties with other regional powers like Russia, China and India.

Trade

German exports to Iran up despite US sanctions

Germany Small and Medium-sized companies, also known as the Mittelstand, are leading the exports to Iran despite the restoration of US sanctions in November.

Trade

Why you should invest in Iran despite US sanctions

Iran is home to more than 80 million inhabitants, the majority of which are the young people. Considered a country as safe as the UK, Slovenia, Denmark and Switzerland, according to the Travel Risk Map 2019, Iran is not only a great place to visit but also offers a fertile ground for foreign investment. Huge mineral reserves, four different seasons, young and educated labour force are several of the appealing factors for foreign businesses. See for yourself why its still worth it investing in Iran.

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