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Rice Import Tariff Down 10%

EghtesadOnline: As per the decision of Market Regulation Headquarters on June 4, customs duties on rice import s have decreased from 25% to 10%, Fars News Agency reported.
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Publish Date:07/June/2020 | 24:30

Iran's Electricity Exports Rise

EghtesadOnline: Electricity export from Iran s to neighboring countries shot up by 27.6% last year (March 2019-2020) compared to the year before, reaching more than 8 billion kilowatt hours – almost six times the power import ed in the same year.
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Publish Date:19/May/2020 | 10:17

Iran Gov’t Reviving ‘Import Without Forex’ Policy

EghtesadOnline: Following reports that the Central Bank of Iran has allowed companies to import goods “without transferring foreign currency”, the CBI outlined conditions for doing so.
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Publish Date:18/May/2020 | 05:19

30% Rise in Value of Domestic Medicines

EghtesadOnline: The value of domestically-made pharmaceuticals has increased 30% in the current Iranian year (started March 2019) and about €600 million less were spent on the import of medicines, says Health Minister Saeed Namaki.
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Publish Date:19/February/2020 | 11:03

No More Subsidized Currency for Importing Eyed Eggs

EghtesadOnline: The government has discontinued the allocation of subsidized foreign currency for the import of eyed eggs, the head of Iran Fisheries Organization said.
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Publish Date:05/February/2020 | 24:10

Iran's Import Ban List Gets Longer

EghtesadOnline: The list of banned import s got longer, as the government unfolds its latest foreign trade decision that adds 120 goods to the previous list of 1,530.
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Publish Date:11/November/2019 | 24:21

SCI Assesses Iran's Q1 Export, Import Price Changes

EghtesadOnline: The Export Price Index, an indicator measuring the overall change in prices of exported goods and services, (using the year ending March 2012 as a base year), stood at 441.4 in Iran for the first quarter of the current Iranian year (March 21-June 21) in rial terms, registering a 13.6% increase compared with the previous quarter and a 95.1% rise compared with the same quarter of last year.
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Publish Date:08/September/2019 | 24:20

Iran: Steel Import, Export Down as Production, Consumption Rise

EghtesadOnline: An estimated 2.2 million tons of finished and semi-finished steel products were exported from Iran in the first three months (March 21-June 20) of the current fiscal year, showing 12.2% year-on-year decrease, according to a report released by the Iranian Steel Producers Association.
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Publish Date:07/August/2019 | 24:23

Subsidized Foreign Currency: Bane of Pharma Industry

EghtesadOnline: The Iranian government’s policy of granting subsidized foreign currency at the rate of 42,000 rials per US dollar to import pharmaceuticals and medical equipment is distorting the economic process and its furtherance will prove counterproductive, as it will impede the development of the industry.
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Publish Date:31/July/2019 | 10:22

Iran, EU Testing Payment Mechanism

EghtesadOnline: The Special Trade and Finance Institute, the Iranian special trade mechanism set up to reciprocate the European Instrument in Support of Trade Exchange (INSTEX), is testing the payment channels for the import and export of goods, according to the CEO of the institute.
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Publish Date:07/July/2019 | 11:04

Import of Iran Oil Critical for Success of INSTEX

EghtesadOnline: The governor of the Central Bank of Iran says the European Union’s newly-launched trade mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), needs to be financed by import ing oil from Iran to ensure its sustainable operation.
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Publish Date:01/July/2019 | 10:58

Iraq Paying Gas, Electricity Import Bills to Iran

EghtesadOnline: Despite major obstacles the United States has created for Iran's energy customers, Iraq continues to purchase gas and electricity from Iran and pay for it.
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Publish Date:02/June/2019 | 08:23

1,200 Spanish Goats Imported to Yazd

EghtesadOnline: Yazd Province in central Iran has launched the farming project of Murciano-Granadina goats, after import ing 1,200 of this breed of dairy goats from Spain on May 21.
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Publish Date:25/May/2019 | 08:34

Iraq to Import More Iran Gas

EghtesadOnline: Iraq’s gas import s from Iran will rise to 35 million cubic meters per day in June from 28 mcm, a spokesman for the Iraqi Ministry of Electricity said Tuesday.
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Publish Date:24/April/2019 | 14:16

South Korea Resumes Iran Oil Import

EghtesadOnline: South Korea resumed import s of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
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Publish Date:16/February/2019 | 11:43

Central Bank of Iran Closing Loopholes in Currency Allocation

EghtesadOnline: The Central Bank of Iran is going to launch a mechanism for tracking forex allocated to the import of essential goods to ensure import ers fulfill their commitments for which they acquired foreign currency, the CBI governor said.
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Publish Date:19/January/2019 | 24:41

Subsidies to Import Essential Goods Fail to Curb Price Hikes

EghtesadOnline: The rise in the retail prices of goods that used the government’s subsidized foreign currency at a rate of 42,000 rials per US dollar (about three times cheaper than the market rate) was no less than in other consumer goods.
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Publish Date:11/December/2018 | 11:12

Plan to Ease Import of Computers, Parts, Electronics in Iran

EghtesadOnline: In collaboration with Tehran Information Technology Union, the Islamic Republic of Iran Customs Administration has devised a mechanism to ease import s of computer equipment, parts, and electronics.
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Publish Date:21/November/2018 | 10:30