Head of State and Key Figures

Pre-revolutionary Iran's economic development was rapid. Traditionally an agricultural society, by the 1970s Iran had achieved significant industrialization and economic modernization, largely helped by the growing worldwide demand for oil. However, the pace of growth had slowed dramatically by 1978, just before the Islamic Revolution. Since the fall of the Shah, economic recovery has proven elusive due to a combination of factors, including state interference in the economy and fluctuations in the global energy market. Economic activity was further disrupted by years of domestic political upheaval immediately following the revolution. These conditions were worsened by the war with Iraq and the decline in world oil prices beginning in late 1985. After the Iran-Iraq war, Iran's economic situation began to improve: GDP grew for two consecutive years, partly from an oil windfall in 1990, and there was a substantial increase in imports. Iran's social policies during the Iran-Iraq war additionally resulted in a baby boom, which has left Iran with a large, underemployed youth population today. As a result, Iran suffers from a "brain drain" as its educated youth leave the country to pursue better economic opportunities abroad.

In March 1989, the government instituted a new 5-year plan for economic development, which loosened state control and allowed Iranians greater latitude in accessing foreign capital. However, mismanagement and inefficient bureaucracy, as well as political and ideological infighting, hampered the formulation and execution of a consolidated economic policy, and Iran fell short of the plan's goals. Economic growth was further hindered by a decrease in oil revenues in 1991 and growing external debt. Former president Khatami followed the market reform plans of his predecessor, President Rafsanjani, and indicated that he would pursue diversification of Iran's oil-reliant economy, although he made little progress; high inflation and expansive public transfer programs, as well as powerful economic and political vested interests, posed obstacles for rapid reform during the Khatami era.

Unemployment, a major problem even before the revolution, has continued to plague Iran. However, unemployment statistics only tell part of the story--underemployment continues to affect a large portion of Iran's young, educated workforce. Although Iran's poorer, rural population initially enjoyed a psychological boost from the attention given them by the new Islamic government, they are only marginally better off in economic terms. The government has made some progress on rural development, including electrification, road building, and increased access to education, but Iran still suffers from inefficiencies related to agricultural land usage that are politically difficult to reconcile. The agriculture sector still suffers from shortages of capital, raw materials, and equipment- problems that date back to the 1980-1988 Iran-Iraq war.

Although Islam guarantees the right to private ownership, banks and some industries--including the petroleum, transportation, utilities, and mining sectors--were nationalized after the revolution. Under President Rafsanjani, Iran first began to pursue some privatization through its nascent equities markets. However, the industrial sector, plagued by low labor productivity and shortages of raw materials and spare parts, remains uncompetitive against foreign imports.

Today, Iran's economy is struggling as a result of a bloated and inefficient state sector and an overdependence on the oil sector (which provides over 85% of government revenues). Although the Supreme Leader issued a decree in July 2006 to privatize 80% of the shares of most government-owned companies, private sector activity is typically limited to small-scale workshops, farming, and the service industry. As a result of inefficiencies in the economy, significant informal market activity flourishes and shortages of goods are common. President Ahmadi-Nejad has failed to make any notable progress in fulfilling the goals of the nation's latest 5-year plan. A combination of price controls and subsidies continues to weigh down the economy, while administrative controls and widespread corruption undermine the potential for private-sector-led growth. President Ahmadi-Nejad has made known his plan to eliminate Iran's inefficient subsidies on food and petroleum imports; however, whether this plan will be actually implemented is unclear. Previous government-led efforts at economic reform--such as fuel rationing in July 2007 and the imposition of the value added tax (VAT) in October 2008--were met with stiff resistance and violent protests.

High oil prices in recent years allowed Iran to greatly increase its export earnings and amass over $70 billion in foreign exchange reserves. However, with oil prices currently below $40 per barrel, the Iranian Government is facing a particularly worrisome economic situation. The government has heavily withdrawn from the country's Oil Stabilization Fund and there have even been reports that President Ahmadi-Nejad's administration has illegally dipped into the foreign exchange reserves. Inflation is approaching 30%, while the unemployment rate continues to be in the double digits. Widespread underemployment amongst Iran's educated youths has convinced many to seek employment overseas. While Iran's economic quandary may look grim, the Islamic Republic has fared worse--notably during the Iran-Iraq war. With the government's 2009 budget formulated to anticipate lower oil prices, it is very possible that Iran will be able weather adverse economic circumstances once again.

Key Economic Indicators

• Inflation Rate : 16.8% (2009 est.)
• Exports : $70.16 billion (2009 est.)
• Exports - commodities : Petroleum 80%, chemical and petrochemical products, fruits and nuts, carpets
• Imports : $57.16 billion (2009 est.)
• Imports - commodities : Industrial raw materials and intermediate goods, capital goods, foodstuffs and other consumer goods, technical services
• Exchange rates : Iranian rials (IRR) per US dollar - 9,900 (2009)
• Natural resources : Petroleum, natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc, sulfur
• Ports and terminals : Assaluyeh, Bandar Abbas, Bandar-e-Eman Khomeyni

Business Information

Climate : Iran is one of the only countries in the world which has the complete four seasons.In summer, the weather can be cool as well as warm, and in the cold winters, it can be mild.A large part of the country suffers great extremes of heat and cold between summer and winter and rainfall is mainly confined to winter and spring. Summers are warm to hot with virtually continuous sunshine, with high humidity on the southern coasts. Very high temperatures can be experienced along the Persian Gulf and Oman Sea with a danger of heat exhaustion. Winter weather is very changeable with some mild, wet spells but also some very cold periods with frost and snow. A small area along the Caspian coast has a very different climate, here rainfall is heaviest from late summer to mid winter but falls throughout the year.

India's time difference with the country : India is 2 hours ahead of Iran.

India's Bilateral Trade with the Country

S.No.	Country	2007-2008	%Share	2008-2009	%Share	% Growth
1	IRAN	1,943.92	1.1916	2,534.01	1.3676	30.36
	India's Total Export	163,132.18		185,259.36		13.59
S.No.	Country	2007-2008	%Share	2008-2009	%Share	% Growth
1	IRAN	10,943.61	4.3487	12,376.77	4.0754	13.10
	India's Total Export	251,654.01		303,696.31		20.68

Regular Trade Fairs & Events in the Country:

Exhibition Name	Cycle	City / Location	Next Date
IRAN AGRI SHOW Exhibition of Agriculture Machinery, Machanization, Oraganizations	once a year	Mashhad > Mashad Fair Grounds	25.02 - 28.02 2010
IRAN OIL SHOW International Exhibition of Oil,Gas and Petrochemicals	once a year	Tehran > Tehran Permanent Fairground	20.04 - 23.04 2010
IRAN ENVIRO International Event for Environment Protection, Waste Water, Recycling Clean Energies,Saving Energy	once a year	Tehran > Tehran Permanent Fairground	May 2010 (?)
TEHRAN INTERNATIONAL BOOK FAIR International Book Fair	once a year	Tehran > Tehran Permanent Fairground	May 2010 (?)
ICEE Iranian Conference on Electrical Engineering	once a year	somewhere in Iran	May 2010 (?)
IRANAGRO International Exhibition of Agricultural Machineries, Tools & Products	once a year	Tehran > Tehran Permanent Fairground	May 2010 (?)

Iran's Mission In India

H.E. Mehdi Nabi Zadeh
Ambassodor Extraordinary and Plenipotentiary
Embassy of the Islamic Repulic of Iran
5, Barakhamba Road
New Delhi-110001
Telphone: +91-11-2332 9600, 01, 02
Fax: +91-11-2332 5493
E-mail: info@iran-embassy.org.in

Iran's Mission in Mumbai

H. E. Ali Mohammedi
Consul General
Consulate General of IRAN
Swapnalok, 1st floor, 47- Napeansea Road
Mumbai 400 026 Tel. +91-22-23630073
Fax: +91-22-23637002
E-mail: consulgeneral@iranmumbai.com
consulate.iran@gmail.com
Web: www.iriconmumbai.com

Indian Mission in Iran

Mr. Sanjay Singh - Ambassador Iran
Embassy of India, Tehran
No.22, Mir Emad Street,
Dr. Beheshti Avenue,
P.O. Box No.15875-4118,
Tehran, Iran.
Telephone: 00-98-21-88755103-5;
88755102 (Visa enquiry)
Fax: 00-98-21-88755973,
88745557 (Commercial Wing)
E-Mail: amb.tehran@mea.gov.in (Amb), hoc.tehran@mea.gov.in (HOC)
Web: www.indianembassy-tehran.ir

Iran Consulate of India, Bandar Abbas

43, Khiyaban-e-Hikmat, Gulshehr (South),
PO Box No. 79145-1866, Bandar Abbas, Iran.
Telephone: 00-98-761-6661745, 6681800, Fax: 00-98-761-666451

Iran Consulate of India, Zahidan
Ayatollah Kafemi Avenue,
Street No.08, Behind Gurudwara,
PO Box No. 313, Zahidan, Iran
Telephone: 00-98-541-3221727 (General);
3222337 (Consul) Fax: 00-98-541-3221740

Chamber of Commerce in Iran

Iran Chamber of Commerce Industries
254, Taleghani Ave.
P.O. Box: 15875-4671
Tehran, Iran
Tel: 982188825111

Tehran Chamber of Commerce and Industries and Mines (TCCIM)
NO. 285, MOTAHARI AVENUE,
TEHRAN, IRAN
TEL: 88701931 / 32 / 12 / 14
EMAIL: info@tccim.ir

Mr. Abolfazl Sharif; President Iran India Business Council (IIBC)
No.254, Avenue Taleghani,
Tehran (Tel: 88830064-5, Fax: 88825115
E-mail: info@iccim.org; info@iibc.ir;
mail@sarfarazanpersia.com;
faraz@sarfarazanperisa.com;
faraz@ir-elecon.com;
Website: www.iccim.org)

International Consultants and Contractors Association (ICCA),
No.5, 2nd Alley, Hassan Seif St.,
Farahzadi Blvd., Shahrak Qods,,
Tehran (Tel: 0098 21 88370838,
Fax: 88373565
E-mail: info@iccair.com; info@icca-ir.com;
Web: www.iccair.com)

Mr. Mohammad Amir Davoud,
Director International Affairs, Bank Pasargad,
No.430, Mirdamad Blvd., Tehran
Tel: 0098 21 82891575,
Fax: 0098 21 88649521,
E-mail: m.davoud@bankpasargad.com

Mr. Jamal Razeghi Jahromi, President,
Shiraz Chamber of Commerce,
Zand Street, Before Khayam Avenue, Shiraz
Tel: 0711 2304415-8/2304418; 2306160
Fax: 2331220;
E-mail: info@sccim.com; safe_universe@yahoo.com;
sharafi@fourse.com; Website: www.sccim.ir

Mr. Mahmoud Islamian, President,
Esfahan Chamber of Commerce,
Boustan Feiz, Feyz Sq., Pole Khajoo, P.O.Box 81656-336,
Esfahan (Tel: 0311 6615097-8, Fax: 0311 6615099,
E-mail: info@eccim.com; Ebrahimy@expoweb.ir; eccim@ameinfo.com; eccim@eccim.com; Eccim98@yahoo.com;
Web: eccim.com)

Mr. M. Jalalpour, President,
Kerman Chamber of Commerce, Industries & Mines,
P.O.Box 76175-471,
Kerman (Tel: 0098 341 2441056-9; Fax: 2453465;
E-mail: info@kermanccim.org; Web: www.kermanccim.org)

Eng. Gholamhossein Shaffeai, President
Mashad Chamber of Commerce, Industries & Mines (MCCIM),
Imam Khomeini St., Opposite Central Melli Bank, Next to National Park (Bagh-e-Melli)
Mashad (Tel: 0511 2216000, 2252091-2, 2212328, Fax: 2216040;
E-mail: mccim@mashadchamber.org; farshid_manochehri@yahoo.com; Web: www.mashadchamber.org).

Mr. Seyed Hossein Salimi, Chairman of the Board,
Iranian & Foreign Joint-Venture Investments Association (IFJIA),
Affiliated to Iran Chamber of Commerce, Industries & Mines,
No.254, Taleghani Avenue,
Tehran (Tel: 8810531,Fax: 8810532, Email: ifjia@iran-investment.com)

Mr. H. Farahani, Head of International Department
Technology Cooperation Office of the President (TCO),
Tehran (Tel: 0098 21 4467322-3; Fax: 44656983
E-mail: internationaltco@tco.ir; farahani@tco.gov.ir; www.tco.gov.ir

Iran’s Small Industries & Industrial Parks Organization (ISIPO)
(Mr. Masoud Shafiei, Deputy of Small Industries )
NO.10, Nirooye Entezami St., Shahid Khodami St., After Vanak Sq., Vali Asr, Kordestan Expressway
Tehran (Tel: 88770920-9; Fax: 88770800,
E-mail: info@iraniec.ir; ashtiani@iraniec.ir;
Web: www.sme.ir www.iraniec.ir)

Mr. S. Majid Mousavi,
Hamedan Chamber of Commerce & Industries and Mines,
No.262, Honarestan Street,
Hamedand (Tel: 0811 8283031/8283041; Fax: 0811 8284881
E-mail: hinfo@hccim.com; Web: www.hccim.com)

Useful Websites

Power Generation, Transmission & Distribution (TAVANIR),
E-mail: infocdat@tavanir.org Website: www.tavanir.org
Ministry of Energy of IRI Web: www.moe.org.ir
Energy information Centre Web: www.iranenergy.org.ir
Iran Power Plants Management Co(MAPNA)- www.mapna.com
Farab Hydro Power Plant Contractor www.farab.com
www.iranhydrology.blogspog.com
IRAN POWER CONFERENCE 2003 www.IranPowerConference.com

Ministry of Energy in Iran

Mr. Hassan Alizadeh, Director General - (Public Relations & International Affairs Bureau)
Tel. : 09122210312, 81606550-1 Fax : 81606551
Mr. Adnan Gharouni, Assistant to the DG Int'l Affairs
Tel. : 81606571 Fax : 81606552, Mob: 09122174573, E-mail: Qaruni_84@yahoo.com
Mr. Abdola Kasaei, Expert, Int'l Affairs
M-09126971170, Tel. : 81606558 Fax : 81606552, E-mail: a_kasaei@hotmail.com
Eng.Hamid Chitchian, Deputy Minister, Energy Affairs
Tel. : 81606510 Fax : 81606705
H.E. Dr. Ahmadian, Dy.Minister of Energy for Electricy & Power
Dr. Ahmadian, Deputy Minister, Electricity Affairs
Tel. : 81602612
Mr. Manouchehr Yari, Expert,
Tel. : 81606560
Mr. Rowhani, Expert Intl' Affairs
Tel. : 81606562
Reg.visit of Water Minister from India
Tel. : 81606574 Fax : 81606552
Address: First of Niayesh Highway, After Vanak Sq., Valiasr St.,
(Minister's office), Post Box 1996833611, Tehran
H.E. Mr. Rasul Zargar,
Tel. : 88905003 Fax : 88801555
Deputy Minister for Water Afffairs
Tel. : 88890554
Address: Palestaine Shomali St., Tehran (Water Department)

Iran Power & Water Equipment & Services Export Company (SUNIR)
i) Eng. Alireza Kadkhodaie, Managing Director Tel. : 88305258/88823976 Fax : 88823976 E-mail: m-sunir@safinet.net
ii) Mr. Kambiz Forough Mehr, Deputy MD Tel. : 88830844 Fax : 88822911
iii) Mr. M. Farrokhpay, Research & Development Manager Tel. : 88825110/8830099
iv) Mr. M. Kobravi, Market Research & Development Manager Tel. : 88830099/88310040 Fax : 88849269 E-mail: kobravi@sunir.com
Address: No.1, Mozhdehi Alley, Somayeh Street, Tehran 88303907 E-mail: farrokhpay@sunir-co.com / foroughmehr@sunir-co.com info@sunir-co.com; Website: www.sunir-co.com SATKAB; www.sunir.com

i) Mr. S.A. Azarbadegan, Chairman of Board and MD Tel. : 88891429 Fax : 88902229 Address: Ministry of Energy, Building No. 2, No. 678, Vali Asr Avenue, Tehran

RENEWABLE ENERGY ORGANIZATION OF IRAN (SUNA)
i) Mr. Yosouf Armodly, Managing Director, Tel. : 88084771-3 Fax : 88086970
Address : Yadegar-e-Emam Highway, Pounak Bakhtari Avenue, Shahrak Ghods, P.O. Box 14155/6398, Tehran

IRAN POWER DEVELOPMENT CO. (IPDC) (Power Plants)
Dr. Masoudi, Managing Director, Tel. : 88908985/88902149 Fax : 88890571 Address: 3, Shahamati Street, Vali Asr Avenue, Tehran

M/s Iran Power Plant Co. (IPDC) (SAZMAN TOSE-E BARGH IRAN)
6, Shahid Shahamati Street, After Valiasr Sq, Vali Asr Avenue, Tehran (Tel: 888900042-4/88903117-9/88909447-9, Fax:88893637/88908454 E mail: mailbox@farab.com; web: www.farab.com; www.farab.ir;

FARAB COMPANY (Affiliated to Ministry of Enegy)

(Hydro Power Plants, Energy & Waer Projects, General Construction)
I) Mr. A.H. Mahnama, Managing Director, Tel. : 88900042-4/88903117-9 Tel. : 88893637
ii) Mr. B. Eslahchi, Dy. Managing Director, Tel. : 88900042-4
iii) Mr. H.A. Salehi, Area Marketing Manager 81292146/88903117-9 88918090 E-mail: h.salehi@farab.com
Address : No.6, Shahid Shahamati Street, Vali Asr Avenue, Vali Asr Sq., P.O.Bxo 15875/8777 (E-mail: mailbox@farab.com; Web: www.farab.com; www.farab.ir

MAPNA COMPANY (Iran Power Plant Projects Management Co.)

(Modiriate Projaha Niroogah of Iran)
(Project Management, Engineering Construction)
i) Eng. Mousa Refan, Managing Director, Tel. : 88795716-20 Fax : 88795446-7
ii) Mr. R. zargar, Senior Deputy of MD, Tel. : 88795716-20
iii) Mr. Mohsen Shaterzadeh, Dy.for Market Development 88795716-20 88795446-7
Address: Africa Highway, No.250, Corner of Haqani Crossing(Jahan Kodak),Tehran E-mail: mapna@neda.net, postmaster@mapna.com, Web: www.mapna.com

M/s MAPNA CO. (MODIRYAT PROJEHAYE NIROOGAHI IRAN)

First of Africa Expressway, Zubin Street No.1, Bldg.No.250,
Tehran (Tel: 88908985/88902149/88298654/88795716-20;
Fax: 0098 21 88890571/88795446-7, public relations: 81981006-7
E-mail: procurement.vp@mapna.org, info@mapna.com; postmaster@mapna.com
Web: www.mapna.com

Mr. M.J. Abdollahi, Deputy Vice President for Procurement,
M/s Mapna Company, (Procurement Department)
No.1, Zobin Street, Africa Avenue, Argentine Sq.,
Tehran (Tel: 0098 21 82981; Fax: 8795578
E-mail: procurement.vp@mapna.org, Web: www.mapna.com)

Mr. M. Adjalli, Engineering Deputy,M/s Mapna Generator Co. (PARS),
No.231, Mirdamad Blvd.,
Tehran, IRAN (Tel: 0098 21 81981850-1, Fax: 22908661,
E-mail: info@pargenerator.com; Web: www.parsgenerator.com),

MONENCO IRAN

i) Mr. Naser Shakibi, Managing Director, Tel. : 88880300 Fax : 88777394
Address: No.17, 23rd Street, Gandhi Avenue,
Tehran (Tel: 88880300, Fax: 88777394; Email: info@monenco.com; www. Monenco.com)

SUNIR (IRAN POWER & WATER EQUIPMENT & SERVICES EXPORT CO.)

(Largest Iranian group of more than 30 leading independent companies active in the field of water & electrical industries, most of whom are holding ISO 9000 Series Certificate. SUNIR Group is specialised in providing a vast variety of equipment and engineering services in different areas of its field of activity)
i) Eng. Alireza Kadkhodaie, Managing Director, Tel. : 8305258 Fax : 8822911
ii) Mr. Kambiz Forough Mehr, Deputy MD, Tel. : 8830844 Fax : 8822911
iii) Mr. M. Farrokhpay, Manager Marketing Dept. Tel. : 8825110/8830099
Address: No.1, Mozhdehi Alley, Somayeh Street, Tehran
(Tel: 0098 21 88305258/88303907/88823976, Fax: 88823976/88822911
E-mail:m-sunir@safinet.net; farrokhpay@sunir.com; foroughmehr@sunir.com;
info@sunir.com; Website: www.sunir.com

Data of Importers in Iran

Tavanir - Iran Power Generation, Transmission & Distribution Management Co.

Vali Asr Ave, Yasami Rashid Street, Postal Code 1996836111, Tehran, Iran
Phones Office : 49-88644948-021 E-mail: webmaster@tavanir.org.ir

No	Name
1	Mr. Farhad Majid Shabihi
2	Mr. Aliakbar Ramazan Gholami
3	Mr. Asghar Karim Haddadi
4	Mr. Farshad Latif Marhamatikhameneh
5	Mr. Hamid Reza Ali Yar Fazlali
6	Mr. Ali Asghar Mohammad Hossein Amjadi
7	Mr. Sayedmahmoud Seyedhashem Bagherisavandpouri
8	Mr. Taher Ghassem Bavi
9	Mr. Mehrdad Abolghasem Jannatian
10	Mr. Reza Fathallah Askary
11	Mr. Ali Ebrahim Asadi Khanouki
12	Mr. Mohammad Hossein Abolghasem Mesgarpoor
13	Mr. Mohammadali Jalal Mofidian
14	Mr. Bijan Mashaallah Monajemzadeh
15	Mr. Mohsen Mehdi Motamedifard
16	Mr. Ali Rajabali Jam
17	Mr. Alireza Ali Asghar Shiati
18	Mr. Hamid Kazem Rajabi
19	Mr. Mohammad Khanali Yavaricolour
20	Mr. Behzad Mohammad Ali Shafai Zadeh
21	Mr. Seyed Mohammad Seyed Aliasghar Sajadi
22	Mr. Hamidreza Abbasali Pirpiran Najafabadi
23	Mr. Mohammad Ebrahim Forati
24	Mr. Zeynolabedin Soltanali Hatami
25	Mr. Mohammad Heidar Karimi
26	Mr. Jahed Najafgholi Kazemi
27	Mr. Seyed Yousef Seyed Jalal Jabarzadeh
28	Mr. Mohammad Hossein Mahmoodi Kondar
29	Mr. Ali Mahdigholi Mohammadnia Gharaei
30	Mr. Ali Akbar Gholamhossein Molamotalebi
31	Mr. Sina Mansour Kosarimovahhed
32	Mr. Alireza Naser Ranjbar
33	Mr. Mohammadreza Hassan Gholi Tofighian
34	Mr. Seyed Hamid Seyed Javad Shahraeini
35	Mr. Nasrollah Azizali Mohammadi Dogahe

Photographs of Historical monuments & Tourist attraction