Monday, Jan 16, 2017
IRAN NEWS

Foreign Interest in Iran

Investing in Iran: a trillion-dollar opportunity



Iran’s pro-active approach to economic and political diplomacy is changing global opinions toward the republic, with exchange visits between Iranian... May 24, 2016

Government | Middle East | Iran


Iran-EU Relations

New chapter in trade with the EU


EU countries were among the first to seal new deal with Iran following the lifting of international sanctions in January

Iranian President Hassan Rouhani’s signing of multibillion-dollar deals on his recent historic visits to France and Italy reflect the surge of interest... Feb 01, 2016

Government | Middle East | Iran


Implementation Day

International sanctions against Iran lifted


US Secretary of State John Kerry, Iranian Foreign Minister Javad Zarif, and their respective advisers sit across from one another on January 16, 2015, at the Palais Coburg Hotel in Vienna, Austria, before a meeting about the implementation of the JCPO out

A landmark achievement in international diplomatic relations was reached on Saturday, January 16, 2016, dubbed Implementation Day, with the completion... Jan 20, 2016

Government | Middle East | Iran


Iranian Oil & Gas

New contract model set to open up Iran oil & gas industry to foreign investors


The Tehran Summit 2015 presented Iran’s new model of oil contract, the Iran Petroleum Contract or IPC, to potential investors from around the world

The Islamic Republic’s reemergence as one of the world’s major oil and gas exporters will be an enormous game changer for the global market,... Dec 02, 2015

Energy | Middle East | Iran


Natural Gas In Iran

World’s largest gas reserves holder strengthens global standing with landmark gas summit


Iranian President Hassan Rouhani, left, with Dr Seyed Mohammad Hossein Adeli, the Secretary General of the Gas Exporting Countries Forum, right. (Photo: Globus Vision)

Tehran’s recent hosting of a milestone gas summit demonstrated its strengthening foreign relations ahead of the imminent easing of UN sanctions and... Nov 25, 2015

Energy | Middle East | Iran


Foreign Interest

U.S. companies look for slice of the Iranian pie




A thawing of U.S.-Iran relations means American firms are doing more business with Iran, signaling what could be the start of a new era of U.S-Iranian... Nov 20, 2014

Industry & Trade | Middle East | Iran


Tourism in Iran takes off

Masoud Soltanifar
Vice President and Head of Cultural Heritage and Tourism Organization

Iran’s tourism industry taking off as various international mass media is currently... May 09, 2016


Private sector creates a new paradigm in Iran’s economy

Dr Mohsen Jalalpour
President of the Iran Chamber of Commerce, Industries, Mines and Agriculture

A new era of entrepreneurial enterprise is making its mark on Iran’s modern-day economy,... May 09, 2016


‘Right now it’s a new opportunity for Europeans’

Eshaq Jahangiri
First Vice President of the Islamic Republic of Iran

Eshaq Jahangiri, First Vice President of the Islamic Republic of Iran, provides a unique... May 09, 2016


IME eases investment in Iranian commodities

Dr Hamed Soltaninejad
CEO of Iran Mercantile Exchange (IME)

Connecting the Iranian economy to global financial markets has now been made possible with... Mar 14, 2016


Iran takes on a global approach to progress

Dr Massoumeh Ebtekar
Vice President of Iran and Head of the Environment Protection Organization

2016 is already a historic year for Iran and diplomatic relations. Vice President and Head... Mar 14, 2016


“If the involved countries want to resolve matters, the political will exists”

Ali Majedi
Ambassador of Iran to Germany

Ali Majedi, Ambassador of Iran to Germany, provides insight into the current state of Iran’s... Aug 27, 2015


Iran to “open its diverse market to foreign investors” – Ambassador

Mr. Mohammad Hassan Fadaifard
Iran’s Ambassador in Spain

With U.N. sanctions on Iran set to be lifted at the end of June as part of the nuclear deal... Jun 02, 2015



LOCATION: 

Middle East, bordering the Gulf of Oman, the Persian Gulf, and the Caspian Sea, between Iraq and Pakistan



AREA - comparative:

total: 1,648,195 sq km



CLIMATE:

mostly arid or semiarid, subtropical along Caspian coast



POPULATION:

80,840,713 (July 2014 est.)



GDP (purchasing power parity):

$1.382 trillion (2015 est.)



GDP (official exchange rate):

$396.9 billion (2015 est.)

GDP - real growth rate:

0.8% (2015 est.)

4.3% (2014 est.)



GDP - per capita (PPP):

$17,800 (2015 est.)

$17,600 (2014 est.)



GDP - composition by sector:

agriculture: 10.6%

industry: 44.9%

services: 44.5% (2013 est.)



AGRICULTURE - products:

wheat, rice, other grains, sugar beets, sugarcane, fruits, nuts, cotton; dairy products, wool; caviar



INDUSTRIES:

petroleum, petrochemicals, fertilizers, caustic soda, textiles, cement and other construction materials, food processing (particularly sugar refining and vegetable oil production), ferrous and non-ferrous metal fabrication, armaments



EXPORTS:

$78.99 billion (2015 est.)

$86.47 billion (2014 est.)



EXPORTS - commodities:

petroleum 80%, chemical and petrochemical products, fruits and nuts, carpets, cement, ore



EXPORTS - partners:

China 29%, India 11.9%, Turkey 10.4%, Japan 6.5%, South Korea 4.8% (2014)



IMPORTS:

$70.63 billion (2015 est.)

$52.07 billion (2014 est.)

country comparison to the world: 40



IMPORTS - commodities:

industrial supplies, capital goods, foodstuffs and other consumer goods, technical services



IMPORTS - partners:

UAE 30.6%, China 25.5%, Algeria 8.3%, India 4.6%, South Korea 4.4%, Turkey 4.1% (2014)




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