Iran approves $9.7bn FDI during post-sanctionsIranian Minister of Industry, Mine and Trade Shariatmadari approved that industry, mine and trade fields have exclusively attracted more than $9.7 billion foreign direct investment (FDI) during post-sanctions era.
Sugarbeet Production at Record HighIran produced a record high of 8 million tons of sugarbeet in the current Iranian year (ends March 20), the executive of the Ministry of Agriculture’s so-called Sugarbeet and Sugar Project announced.
Iran 10th Biggest Producer of Flower, PlantsIran is the world’s 10th biggest producer of flower and plants, though the country has only a 0.3% share in global export markets, making it the 107th flower exporter, the head of Iran’s Flowers and Plants Union said.
Annual growth in agricultural sector projected to hit 3.8 percent According to the predictions made by Iranian Agriculture Ministry and the Central Bank of Iran (CBI), domestic agriculture sector’s value added by the end of the current Iranian calendar year 1396 (March 20, 2018), is planned to reach 450 trillion rials (about $9.5 billion), showing 3.8 percent annual growth.
4.6percent economic growth forecasted for Iran in current fiscal year Latest data released by Iran’s Parliament Research Center sees the country’s economic growth to reach 4.6 percent by the end of the current Iranian calendar year (March 20, 2018).
Iranian Banks Link Up With More Int’l PeersIran has established banking relations with close to 300 foreign banks two years after the landmark nuclear deal with world powers, the Central Bank of Iran announced.
Iran exports to China rise 25 pct in 2017 Iran’s exports to its top trading partner China in 2017 witnessed a 25.2% rise compared to 2016 to reach $18.58 billion, an official with the Trade Promotion Organization of Iran said.
$12b foreign investments attracted since Mar. 2017Iran could manage to attract $12 billion of foreign investments since the beginning of the current Iranian calendar year (March 21, 2017), Iranian Finance Minister Masoud Karbasian told reporters on Tuesday.
Iran-EU Agro Credit Line ProposedBulgaria’s ambassador in Tehran has proposed Iran’s Agriculture Ministry cooperate in processing the European credit line for trading agricultural products between Iran and Europe.
ICCIMA Chairman: Silk Road to help boost Iran economic ties with regional countriesChairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafe’ei said on today morning that revitalization of Silk Road can be the guarantor of national interests.”
