Government Extends 40% Discount for a Year on Cargo Movement Between Chabahar Port in Iran and India.

Ministry of Shipping promotes trade through Shahid Beheshti Port. Extends 40% discount for a year on…

Iran Starts Procuring From Pakistan as US Sanctions Disrupt Indian basmati Exports

Trade with Iran remains suspended as banks find it difficult to run payment mechanism. Meanwhile, Iran…

Iran Economy Deteriorates Further Owing to COVID-19, Sanctions and China Deal

Iran’s economy deteriorates further owing to COVID-19, sanctions, and China deal. Fails to see the hidden…

Paddy Prices Increasing due to easing US-Iran Tension?

Paddy prices at key spot markets have increased by 2%. Are Paddy prices increasing due to…

India should play a big role in reducing US-Iran Tensions: Javad Zarif

Iranian Foreign Minister, Javad Zarif, stated at 4th Raisina Dialogue that India should play a big…

Basmati Rice Industry in Panic since Iran Payment Concerns

Pending payments of basmati rice export to Iran created panic in the basmati rice industry. AIREA…

India and Iran to Accelerate Work on Chabahar Port

Iran and India agreed to work on Chabahar Port in joint commission meeting. Both nations will…

Rice Exports from India Fall, Prices Recover after Hitting 5 Year Low

Rice export from India witnessed a decline due to subdued global demand. Price of basmati and…

Six More European Countries Join Iran’s Barter System INSTEX; Future of Indian Basmati Rice Payments?

INSTEX payment mechanism to bypass US sanctions and begin trade with Iran. Six more countries joined…

Increase in Basmati Rice Prices Concerning: AIREA

AIREA cautioned rice millers and exporters on increase in basmati rice prices and over payment risks…