EghtesadOnline: Iran’s business environment deteriorated in the second quarter of the current year (June 21-Sept. 21), according to Iran Chamber of Commerce, Industries, Mines and Agriculture.
EghtesadOnline: The shortage of foreign currency for importing raw materials is the biggest challenge facing Iranian industries.
EghtesadOnline: The “National Export Day” ceremony, held every year on Oct. 20, has been postponed due to the coronavirus pandemic, reads a notice jointly released by Iran Chamber of Commerce, Industries, Mines and Agriculture, and the Trade Promotion Organization of Iran.
EghtesadOnline: Iran’s agricultural exports in the first half of the current fiscal year (March 20-Sept. 21) increased by 12.2% despite the coronavirus outbreak, says an official with the Islamic Republic of Iran's Customs Administration.
EghtesadOnline: The International Monetary Fund expects the inflation rate in Iran to remain at around 30% in 2021 as in this year.
EghtesadOnline: A total of $7 million worth of unfinished leather and wet-blue (processed raw hide before turning into finished leather) were exported from Iran during the first five months of the current Iranian year (March 20-Aug. 21), according to the head of Hide and Wet-Blue Producers and Exporters Union, who doubles as the head of Iran's Export Confederation.
EghtesadOnline: The 130-kilometer-long Khaf-Herat railroad connecting Iran and Afghanistan has high potential for transit to the eastern neighboring country, according to the head of the Islamic Republic of Iran Railways.
EghtesadOnline: Iran and the Eurasian Economic Union traded a total of about $2.8 billion worth of goods between October 27, 2019, when a preferential trade agreement came into effect between the two sides, and Aug. 21, 2020, according to Elham Hajikarimi, secretary of Trade Promotion Organization of Iran's Eurasia Affairs Bureau.
EghtesadOnline: IranAir has scheduled a special Tehran-Rome flight on Oct. 26 to bring Iranians stranded in the European country due to the suspension of incoming flights as a result of the coronavirus pandemic.
EghtesadOnline: Passenger rail services have experienced an 80% nosedive during the first half of the current Iranian year (March 20-Sept. 21), inflicting 14 trillion rials ($44.2 million) in losses to the Islamic Republic of Iran Railways and other rail transportation companies, according to the head of IRIR.