Iran huge rise in imports from Europe

Iran huge rise in imports from Europe Iran has reported a major rise in imports from several key European countries over a period of nine months starting 21 March 2017.  As Iran is celebrating the second anniversary of the removal of sanctions, figures show the country’s imports have been picking…

Iran world’s most affordable tourism destination

Foreign tourists in Isfahan’s ancient Imam Square. Iran’s tourism industry has been identified for a third straight year to have the most affordable prices in the world for foreign visitors.  A biannual report published by the World Economic Forum (WEF) gave Iran a score of 66.6 in terms of price…

Iran Central Bank chief to visit Germany next week

Iran Central Bank governor is expected to visit his German counterpart next week in a bid to enhance banking ties between Tehran and Berlin. Valiollah Seif will visit Jens Weidmann President of the Deutsche Bundesbank in Frankfurt to investigate possible ways for deepening ties between Iran and Germany especially in…

Italian company to help Iran develop railway network

Italy’s state-run company known as Ferrovie dello Stato (FS) in a statement announced that it has signed an agreement with its Iranian counterpart to develop Iran’s railway system. The agreement was signed by Abbas Akhoundi, Iran’s minister of transport, and Graziano Delrio, Italy’s minister of infrastructure, during a four-day visit…

Iran to export saffron to US after 15 years

Iran plans to export the first shipment of saffron to the US after 15 years following the implementation of nuclear deal, announced Head of Iran’s Saffron Exports Development Fund Tuesday. Mohammad Javad Rezaie, Head of Iran’s Saffron Exports Development Fund evaluated the current saffron market as ‘satisfactory’ and estimated its…