Tuesday , December 10 2019
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Uzbek Companies Invited to Meet Iranian Business Delegation in Tashkent

A delegation of Iranian knowledge-based companies and business officials will be in Tashkent on Thursday, December 12, 2019. Hereby, all Uzbek companies and businesspeople working in the following fields are invited to come to International Hotel Tashkent at 10 am (local time) to have B2B meetings with their Iranian counterparts. Here are the details of the delegation’s visit to Tashkent ... Read More »

Iran imports 14m tons of basic goods since March

TEHRAN : Nearly 14 million tons of basic goods have been cleared through Iran’s customs since the beginning of the current Iranian calendar year (March 20, 2019), IRNA reported, quoting the head of Islamic Republic of Iran Customs Administration (IRICA), as saying. According to Mehdi Mirashrafi, nearly 20 million tons of goods have been imported into the country since the ... Read More »

China’s Trade With Iran Declines By Close To 40 Percent in 2019

The latest figures published by China’s customs show trade with Iran in October dropped to its lowest level in a decade. During the month of October, total trade with Iran was $1.38 billion, which is 38 percent less than in October 2018. From January to October exports to Iran decreased by 39 percent compared with the same period last year, ... Read More »

Iran to set up pavilion in IDF Oman in mid-Feb. 2020

The international exhibit, which is held in Oman International Exhibition Center, is growing steadily 15 percent–20 percent every year, as published on the website of the event. According to the data released by the Islamic Republic of Iran Customs Administration (IRICA), the value of trade between Iran and Oman has increased to $870 million during the first seven months of ... Read More »

Inside Iran’s Underground Fashion Industry

OXFORDSHIRE, United Kingdom — “The world is fucking on fire right now,” Iranian-American Activist Hoda Katebi said on the VOICES stage Thursday afternoon, on the fifth day of Iran’s government-imposed Internet blackout. “How can we ever think that what we’re creating [in fashion] shouldn’t be engaging with that?” she added, implicating the fashion industry as part of the global economy ... Read More »

Turkey’s business circles eyeing $ 30 billion in trade with Iran

Business organisations in Turkey are looking to increase the $ 9.5 billion trade volume between Turkey and Iran to $ 30 billion, President of Foreign Economic Relations Board of Turkey (DEİK) Nail Olpak said during the Business Council meeting in Iranian capital Tehran. Olpak said his organisation is working to have friendly relations between Turkey and Iran to affect the ... Read More »

Iranian Businessman Imprisoned In U.S. For Exporting Carbon To Iran

WASHINGTON, :The U.S. Department of Justice (DOJ) said on Thursday that an Iranian businessman was sentenced to 46 months in prison for violating U.S. sanctions against Iran. In a press release, the DOJ alleged that Behzad Pourghannad had participated in exporting carbon fiber from the United States to Iran between 2008 and 2013. “Behzad Pourghannad conspired to circumvent U.S. export ... Read More »

Iran: Mafia Trafficking in Clothing, With 95% of Imports Smuggled

The Iranian regime’s policies have prepared the ground for the creation of state-backed mafias and trafficking networks; giving them full liberty to continue their activities. One of these activities is the organized cloth trafficking, particularly black cloth used in Chador, by creating fake certificates at Iranian custom control. Afasaneh Mehrabi, executive director of the regime’s Office of Textile and Garment ... Read More »

Iran’s Rapidly Disappearing Airline Passengers

Iran’s aviation industry has been hit by plenty of problems in recent years. U.S. sanctions have made it all but impossible to refresh the country’s ageing fleet of planes, meaning some $44 billion in orders with the likes of Airbus and Boeing have had to be shelved. Local airlines have also been forced to cancel some international services because of ... Read More »

Malaysia Can’t Trade With Iran Due to Sanctions

Malaysian Prime Minister Mahathir Mohamad says Malaysia cannot trade with Iran, one of its big trading partners, due to sanctions. Speaking at a press conference on the sidelines of the 35th ASEAN Summit and Related Summits, Mahathir noted that sanctions were not mentioned during the summit. “When you apply sanctions, it is against the law. There is no provision in ... Read More »

Trade Deficit for Two Quarters Negative, Stands at $273 Million

Iran’s customs office data shows balance of trade in the first two quarters of the current calendar year, which started in March, was slightly negative as a report shows trade deficit recorded for the period was $273 million. A Wednesday report by the ILNA news agency cited an analysis of the customs data for Iran’s trade of goods excluding crude ... Read More »

Why Would Russia, China—and Iran—Plan Joint Naval Exercises?

KARACHI, Pakistan—The waters around the Arabian Peninsula have calmed for the moment, but preparations for combat continue, with joint exercises and security conferences showing just how profoundly the region’s strategic balances are shifting. As confidence declines in U.S. President Donald J. Trump’s ability to navigate the difficult moral and military choices in the region, new players are entering the picture ... Read More »

Iran, Turkey stress expansion of trade ties

In a meeting with Turkish Deputy Minister of Customs and Trade Riza Tuna Turagay in Tehran on Wednesday, Dejpasand underlined the great history of close ties between the two countries and their officials’ great determination to expand bilateral relations, calling for the promotion of cooperation between the two neighbors. Pointing to the target of $30 billion annual trade set by ... Read More »

Iran Export of Products From Chabahar Port Hit 100 Percent Growth

The Director General of Sistan and Baluchestan Ports and Maritime Organization Behrouz Aghaei said that export of products from Chabahar’s Shahid Beheshti Port in the first six months of the current year (March 21 – Sept. 22) increased 100 percent as compared to the last year’s corresponding period. He made the remarks in a press briefing on Sunday and added, ... Read More »

U.S. Sanctions Chinese Shipping Companies for Iranian Oil Dealings

The U.S. is imposing penalties on a handful of Chinese shipping firms for continuing to carry Iranian oil after sanctions waivers lapsed in May. China Concord Petroleum Co., Kunlun Shipping Co., Pegasus 88 Ltd., and COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co. have been charged with knowingly violating restrictions on handling and transacting Iranian petroleum. Additional restrictions were ... Read More »

IRICA opens office at Tehran Permanent International Fairgrounds

TEHRAN : Islamic Republic of Iran Customs Administration (IRICA) has opened a representative office at Tehran Permanent International Fairgrounds in order to facilitate custom operations for exhibitors and participants of international exhibitions in the country. As reported by IRNA, the office, which was officially opened on Sunday, is aimed to facilitate customs services and commodity clearance for the exhibitors. According ... Read More »

Ankara, Tehran determined to ramp up trade, mutual investments

Turkey and Iran are committed to boosting their efforts for further development of trade and mutual investments, according to officials. Trade Minister Ruhsar Pekcan said yesterday relations with Iran have taken a constructive path that will smooth the way for the business world, adding that they are determined to re-accelerate trade volume by using the Preferential Trade Agreement more effectively. ... Read More »

‘Oman, a good place for re-export of Iranian products’

Mohsen Zarrabi said that as the Arab country is a member of World Trade Organization (WTO) and has free trade agreements with many countries with them Iran has no direct ties, it could be a proper hub for the re-export of Iranian commodities to different markets of world. According to the data released by the Islamic Republic of Iran Customs ... Read More »

Economic Security Police Launch Anti-Smuggling Drive

The Economic Security Police Department of the Islamic Republic of Iran Law Enforcement Force started anti-smuggling operations at nine sea border crossings, one air border and three land border crossings of the country on Monday. The sea border crossings include Genaveh, Bushehr, Shahid Rajaee Port, Qeshm, Deylam and Khorramshahr. The land border crossings include Bazargan, Bashmaq and Parviz Khan. Imam ... Read More »

Iran’s Oil Exports Decline To Below 200,000 Barrels p/d In August

Figures received by Radio Farda from Kpler, a data intelligence firm show Iran’s oil exports in August declined to 160,000 barrels per day, versus 365,000 in July. Last year in August Iran exported around two million bpd; before the United States imposed oil sanctions in November. Kpler’s figures indicate Iran exported 22 thousand bpd to Turkey, 33 thousand to Syria ... Read More »