Minister Of Industry, Mine And Trade

CEO of IIECO:

Iran to hold 40 exhibitions to spur export by yearend

TEHRAN, Dec. 07 (MNA) – Chief Executive of Iran International Exhibitions Company (IIECO) Bahman Hosseinzadeh said that as many as 40 exhibitions will be organized in the country for increasing the volume of exports.

Home appliance production on upward trajectory in 7 months

TEHRAN, Dec. 03 (MNA) – Statistics of the Ministry of Industry, Mine and Trade indicate that 684,200 sets of refrigerator-freezer were manufactured in the country in the seven months of the current year (March 21 - Oct. 22), showing a 9.4 percent growth as compared to the last year’s corresponding period.

Official emphasizes need for ditching dollar in trade transactions with Eurasia

TEHRAN, Dec. 01 (MNA) – The Deputy Minister of Industry, Mine and Trade for Commercial Affairs Hossein Modaress Khiyabani stressed the need for removing US dollar and recognizing the official currencies of the Eurasian countries in contract with the Islamic Republic of Iran.

Deputy industry min.:

Iran to produce 28mn tons of steel by yearend

TEHRAN, Dec. 01 (MNA) – Deputy Minister of Industry, Mine and Trade and Chief Executive of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Khodadad Gharibpour said that Islamic Republic of Iran will produce 28 million tons of steel by the end of the current Iranian calendar year (to end March 20, 2020).

Industrialized countries welcome investment in Iran

TEHRAN, Nov. 24 (MNA) – Study of statistics of the Ministry of Industry, Mine and Trade in the first six months of the current year (from March 21 to Sept. 22) indicated that developed countries [including Germany, China, Russia and the Netherlands] welcomed making investment in industrial sector of the Islamic Republic of Iran.

FDI hits about 32% growth in industrial sector in H1

TEHRAN, Nov. 11 (MNA) – Foreign Direct Investment (FDI) recorded about 32 percent growth in industrial sector in the first six months of the current year (from March 21 to Sept. 22).

Economy minister says Iranian automakers ready to cooperate with Chinese investors

TEHRAN, Nov. 10 (MNA) – The Iranian economy minister says the Iranian car manufacturers and car part makers welcome joint investment and cooperation with their Chinese counterparts.

Deputy industry min.:

Inking contract with EAEU to surge Iran’s trade value by $15bn

TEHRAN, Nov. 10 (MNA) – Deputy Minister of Industry, Mine and Trade Hamid Zadboum said that contract inked between Iran and Eurasian Economic Union (UAEU) will increase Iran’s value of trade by $15 billion in three years.

Tehran, Minsk eager to develop relations in various fields

TEHRAN, Nov. 04 (MNA) – Iran’s Minister of Industry, Mine and Trade Reza Rahmani has held a meeting with the Minister of Agriculture and Food of the Republic of Belarus in China.

Industry min. arrives in Shanghai to attend China Intl. Import Expo

TEHRAN, Nov. 04 (MNA) – Iran’s Minister of Industry, Mine and Trade Reza Rahmani arrived Shanghai to meet high ranking Chinese officials, as well as visiting the Second China International Import Expo on Monday morning.

Deputy industry min.:

Production growth of 26 main mineral & industrial products in H1

TEHRAN, Nov. 03 (MNA) – Deputy Ministry of Industry for Planning Affairs Saeed Zarandi said that 26 mineral and industrial products registered significant growth in the first six months of the current year (March 21 – Sept. 22).

Imports on downward trajectory: Industry minister

TEHRAN, Oct. 27 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said on Sunday that the country's import volume is on a downward trajectory under the policy of the ministry.

Four types of vehicles to go out of production by yearend: Industry min.

TEHRAN, Oct. 23 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that production line of four types of vehicles will be stopped by the end of the current year (started March 20, 2019).

TPOI head urges commercial envoys to identify rivals in target countries

TEHRAN, Oct. 20 (MNA) – Head of Trade Promotion Organization of Iran (TPOI) Hamidreza Zaadboom called on commercial envoys and economic attaches of Iranian embassies to identify their trade and business rivals in target countries and report their data to exporters.

Industry min.:

Plans underway for manufacturing 200 cargo ships

TEHRAN, Oct. 17 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that his ministry has targeted for manufacturing as many as 200 freight ships this year.

Industry min.:

Planning underway to turn $10bn imports into domestic production

TEHRAN, Oct. 15 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that planning is underway for converting $10 billion worth of imports to domestic production.

Isolating Iran in global equation ‘impossible’

TEHRAN, Oct. 09 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that sidelining and isolating Islamic Republic of Iran from the global equation is not possible.

Iran-Iraq bilateral trade to increase to $20bn: Iranian min.

TEHRAN, Oct. 06 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani says that Iran and Iraq have the potential to increase the volume of their bilateral trade to $20 billion dollars by 2021.

Industry min.:

Iran’s imports volume to shrink $10bn by 2021

TEHRAN, Oct. 05 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that country’s imports volume will decrease $10 billion by 2021.

Conclusion of contract for indigenizing 77 automotive parts

TEHRAN, Oct. 05 (MNA) – An official in charge the Ministry of Industry, Mine and Trade for Industrial Affairs Mehdi Sadeghi Niyaraki said on Saturday that 77 important automotive parts in car industry will be indigenized.

Hormozgan customs export over $5bn worth of products in four months

TEHRAN, Sep. 03 (MNA) – Head of Hormozgan Industry, Mine and Trade Organization Khalil Ghasemi on Tue. said that $5.830 billion worth of products have been exported from provincial customs office in the first four months of the current Iranian calendar year (March 21 – July 21), showing a significant 80 percent hike as compared to the last year’s corresponding period.

New CEO of Iran-Khodro appointed

TEHRAN, Aug. 26 (MNA) – Ex-Deputy Industry Minister Farshad Moghimi has been appointed as the new head of Iran-Khodro Company (IKCO).

$113mn of foreign investments in industrial projects of Razavi Khorasan

TEHRAN, Aug. 10 (MNA) – As of the beginning of the present Iranian calendar year (March 21, 2019) some $113 million of foreign investments have been absorbed in eight industrial projects of the Razavi Khorasan province, head of industry, trade and mine organization of the northeastern province announced on Saturday.

Deputy industry min.:

Industrial units account for $4bn exports share

TEHRAN, Aug. 10 (MNA) – Deputy Minister of Industry, Mine and Trade revealed that industrial units account for $4 billion share of Iran's total exports.

Min. of Industry:

Iran to give special incentives for foreign investment in industries, mining

TEHRAN, Aug. 06 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani voiced Iran’s readiness to give special incentives for participation of foreign investors in the country’s various industries and mining sector.

Orders of industry ministry for imports of basic goods 5 times more than domestic need: official

TEHRAN, Aug. 03 (MNA) – An official from Iranian ministry of industry, mine and trade told Mehr news agency that the volume of ministry’s registered orders for imports of basic goods is five-fold more than domestic need for the products.

19h Iran Confair opens in Tehran

TEHRAN, Jul. 28 (MNA) – The 19th International Exhibition of Building and Construction Industry (Iran Confair) kicked off in Tehran on Sunday morning.

Industry min., responsible for issuing cryptocurrency production license

TEHRAN, Jul. 23 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said on Monday that his ministry is accountable for issuing license for producing cryptocurrency.