The Iranian government has amended its regulations on cryptocurrencies to allow them be exclusively used for funding imports at a time of increased pressure on the countrys normal use of hard currencies.
The Cabinet amended a previously issued legislation on the use of cryptocurrencies in Iran by redirecting digital monies into the Central Bank ...
Radio Farda - President Hassan Rouhani's Chief of Staff announced July 21 the "release of blocked Iranian financial assets" in some countries and maintained that these resources would be used for international payments.
The official government news website, IRNA, cited Mahmoud Vaezi as saying, "The released assets will be used for addressing the ...
Financial Tribune - A total of $7.6 billion worth of consumer goods and $29.44 billion worth of intermediate goods were imported in the last Iranian year to register a respective rise of 10.54% and 9.78% compared to the year before
Irans imports of consumer and intermediate goods jumped in the last fiscal year (March 2019-20) while the other major ...
Financial Tribune - 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.
The so-called import without forex allocation refers to a method of import where companies can use their own foreign currency, in or outside the country, for imports....
MNA Statistics showed that import of products decreased five percent in the seven months of the current year (from March 21 to Oct. 22).
According to the Islamic Republic of Iran Customs Administration (IRICA), $25 billion worth of products was imported into the country, showing a 5.31 percent decline as compared to the same period of last year....
Financial Tribune - Soon after a call by President Hassan Rouhani, the Central Bank of Iran has published a report on its website that sheds light on the amount of subsidized currency allocated for importing essential goods and machinery in the first five months (March 21-August 22, 2018) of the last fiscal year.
The report explains the extent to ...
Financial Tribune - The list of banned imports got longer, as the government unfolds its latest foreign trade decision that adds 120 goods to the previous list of 1,530.
The decision was made by the heads of the three branches of power in the last week's meeting of the Supreme Council of Economic Coordination in response to a call by Leader of Islamic ...
Press TV - Irans minister of industry says imports of manufacturing goods, including machinery and equipment used in major production lines, would be down by $10 billion in 2021.
Reza Rahmani said on Saturday that Iran has a comprehensive plan to deepen domestic manufacturing and to indigenize the countrys industrial needs.
The comments come ...
MNA President of the Islamic Republic of Iran customs Administration (IRICA) Mehdi Mir-Ashrafi said Mon. that exports surpassed imports by fourfold in the first five months of the current year (March 21 August 21) as compared to the last years corresponding period.
He went on to say that IRICA exported 60 million tons of products in the same period,...
Tehran Times - Irans domestic Forex Management Integrated System (locally known as NIMA) has supplied 7.197 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21) up to August 29, IRNA reported on Friday.
As reported, the trend of offering foreign currency earned from exports in NIMA has been increasing ...
Press TV - Irans chief banker has said that imports of basic goods and foodstuff to the country have surged by more than two thirds as authorities seek to increase inventories to cope with the impacts of US sanctions.
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said on Thursday that imports registered at Irans ports since the ...
Financial Tribune - More than 49.34 million tons of commodities were loaded and unloaded in Irans commercial ports during the first four months of the current Iranian year (March 21-July 22) to register a 1.87% rise compared with the corresponding period of last year.
According to figures published on the Ports and Maritime Organization of Iran's ...
MNA Latest statistics of the Islamic Republic of Iran Customs Administration (IRICA) showed that Iran imported $1.2 billion worth of products in the first three months of the current Iranian calendar year (March 21 June 21), showing 8.5 percent decline as compared to the last years corresponding period.
In this period, Islamic Republic of Iran ...
Financial Tribune - Suitcase imports of cellphones have been pushed to new high in Iran by a hodgepodge of state policies, in addition to the reimposition of harsh US sanctions against Tehran, in the past few months.
Official data show that between March 2018 and April 2019, 11.5 million mobile phones were imported into Iran, of which 6.5 million ...
Tehran Times - Tehran Mayor Pirouz Hanachi announced that some 70 new metro cars have been imported to the country which will soon join operational metro lines, Tasnim reported on Saturday.
Currently, lines 6 and 7 are under construction which will soon be operational, while the rest of the lines are almost complete, he said, adding, metro is responsible ...
Tehran Times - Nearly 400,000 tons of basic commodities have been unloaded at Irans largest container port, Shahid Rajaee, during the two-month period from the beginning of current Iranian calendar year (March 21), Director General of Ports and Maritime Department of Hormozgan Province Allah-Morad Afifipour announced.
The official further underlined ...
Financial Tribune - The import of 1,339 commodities was banned last year and plans are to add more to the list.
"The number of items in the import ban list will reach 1,530 in the current Iranian year (March 2019-20) to shore up support for domestic production," Deputy Minister of Industries, Mining and Trade Farshad Moqimi was quoted as saying ...
IRNA - The Kazakh government aims to increase and facilitate its exports to the Persian Gulf states market by establishing two logistics centers in the Iranian ports, media reports said.
The decision to build logistics centers was taken during a recent meeting between Kazakh Deputy Minister Mokhtar Tleuberdi and Iranian Minister of Road and Urban ...
Financial Tribune - The acting head of Trade Promotion Organization of Iran says $46 billion in foreign currency has been allocated for imports in the current fiscal. Of this $24 billion was allocated by banks and $10.5 via Nima (integrated forex rate system).
Mohammadreza Modoudi said in the outgoing fiscal (March 2018-19), the volume of orders ...
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