Week in Brief

Week in Brief 21.09.2018

New foreign exchange rules have quite confused both exporters and importers in Iran. In order to keep the supply of foreign currencies in the country, the Central Bank of Iran has requested all exporters to […]

Energy

China keeps buying oil from Iran

China keeps buying oil from Iran and will use the National Iranian Tanker Co (NITC) for nearly all their imports to be shipped, reports Reuters. China has recently cut its crude oil purchases from the […]

National News Review

Iran bans import of thousands of goods

The Central Bank and the Ministry of Industry have update the list of banned imports to Iran. The new list finds 1139 times. The new decision is based on the government policy of only issuing […]

Week in Brief

Week in Brief 15.06.2018

After the fall in the value of the Iranian rial, IRR, in April 2018, the Government unified the currency exchange rate of the dollar, hoping to control the currency market. Importers were asked to place […]

Industries

Only 2% of smuggled goods are discovered

In an interview with Ahmad Anaraki, Member of Parliament and Chairman of the Committee on the Investigation of the Process of Combating Smuggling, Ghanoon writes that less than 2% of goods smuggled into the country […]

Agriculture

Subsidiaries to control food prices

The Government to pay 4000 IRR in subsidiaries per each dollar spent to import essential goods. Iran writes, prior to the unification of the currency rate, essential goods such as corn, barley, soy and press […]