Transport minister inaugurates 281km of highways, main roads in Sistan-Baluchestan

TEHRAN- With the presence of the Minister of Transport and Urban Development, 281 kilometers of highways and main roads in Sistan-Baluchestan province were put into operation. Of the inaugurated projects, 134 kilometers are in the south of the province, 89 kilometers in the north, and 58 kilometers on the North-South Corridor and coastal routes of the province.

Iran’s horticulture development adopts ‘Technology-Driven Development’ scenario

TEHRAN- According to the findings of the report "Future Studies of the Role of Research, Education, and Extension in the Development of Iran's Horticulture," the "technology-driven development" scenario was introduced as the proposed path for the development of Iran's horticulture in the horizon of Iranian calendar year 1420 (begins on March 2037).

New rigs added to drilling fleet as South Pars output rises

TEHRAN- The CEO of Pars Oil and Gas Company said: Three new rigs have been added to the country’s drilling fleet, an action that is an important investment for developing drilling capacity and accelerating the implementation of development projects.

Iran, Uzbekistan chambers of commerce stress MOU implementation, private sector cooperation

TEHRAN- Vice President of the Iran Chamber of Commerce, referring to the challenges created at the international level for Iran’s economy, said: “The strength of Iran’s private sector is that it implements whatever seems impossible to implement.”

‘Free zones ready to take on country’s major economic missions’

TEHRAN- CEO of Kish Free Zone Organization said that free zones are ready to take on country’s major economic missions.

ICCIMA hosts conference on organic medicinal plants

TEHRAN- The Conference on Development, Production, and Export of Damask Rose and Organic Medicinal Plants was held at the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) with officials and those active in industry sector.

By Mahnaz Abdi

Iran expands rail routes to China, targets higher-value exports: TPO

TEHRAN- At a press conference, Amir Roshanbakhsh Ghanbari, deputy for international business development at Iran’s Trade Promotion Organization (TPO), said Iran is negotiating with China to develop rail routes for goods transit, with part of Iranian cargo already moving to China via Yazd Dry Port. He said transport is a fundamental trade issue and current conditions impose restrictions.

By Mahnaz Abdi

Iran, Uzbekistan eye AI-driven agricultural co-op as trade delegation aims for $2b

TEHRAN- In a joint meeting and subsequent conference on agricultural cooperation between Iran and Uzbekistan, the two countries' agriculture ministers emphasized joint investment in AI-based modern farming, livestock breeding, and pasture development. With a large Iranian trade delegation present—comprising over 100 companies and heads of provincial chambers—officials outlined plans to boost bilateral agricultural trade from $200 million to $600 million within two years, while broader trade ambitions target $2 billion. Iran also highlighted its transport capacities to provide landlocked Uzbekistan with access to open waters.

Recovery of lost capacity at South Pars refineries accelerates

TEHRAN- The Manager of Integrated Planning at the National Iranian Gas Company announced the recovery of part of the lost capacity of South Pars refineries and said: Two phases of the Early Recovery Program have been completed.

Integrated production services contract signed for operation of 55 wells in Azadegan oil field

TEHRAN- With the signing of an Integrated Production Services (IPS) contract between Oil Exploration Operations Company and Dasht-e Azadegan Arvand Oil and Gas Development Engineering Company, a new chapter of synergy began in the field of protective production and increasing the recovery factor of the Azadegan oil field.

Targeted development of trade relations between Iran, Kyrgyzstan necessary: TPO head

TEHRAN- The Head of the Trade Promotion Organization (TPO) of Iran, in a meeting with Iran’s ambassador-designate to Kyrgyzstan, emphasized the necessity of targeted development of trade relations, identification of the two countries’ export capacities, and the dispatch and reception of trade delegations.

ICCIMA trade delegation departs for Tashkent

TEHRAN- Hossein Pir-Moazen, Vice President of the Iran Chamber of Commerce, Industries,Mines and Agriculture (ICCIMA) has departed for Tashkent at the head of a specialized delegation comprising some heads of provincial chambers, heads of specialized committees of the Iran Chamber, heads of associations, and those active in the food industry, agriculture, and related industries.

Trump's Iran war ignites global diesel crisis

Did America's confrontation with Iran create perfect energy storm now crippling consumers worldwide?

TEHRAN-As diesel prices shatter records across three continents, evidence mounts that the Trump administration's military confrontation with Iran and its failure to anticipate the Strait of Hormuz disruption have triggered a supply chain catastrophe that threatens to push the global economy into recession.

Armenian ambassador stresses expansion of Tehran-Yerevan rail, trade cooperation

TEHRAN- The Armenian ambassador to Iran, referring to the role of the Railway of the Islamic Republic of Iran in connecting landlocked countries of the Commonwealth of Independent States (CIS) to international routes, emphasized the expansion of rail and trade cooperation between the two countries.

Iran, India examine mechanisms to strengthen bilateral ties by leveraging BRICS capacities

TEHRAN- The new Indian ambassador to Iran, at the start of his mission, visited the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and met with the chairman of the Chamber. In this meeting, while referring to the economic capacities and the history of Iran-India cooperation, the two sides emphasized the need to revive and develop trade relations and to use BRICS capacities.

Iran’s technical achievement in implementing maritime single window presented at IMO meeting

TEHRAN- Iran’s experience in implementing and operating the Maritime Single Window (MSW) and the capabilities of the Integrated Maritime Management System (IMAS) were presented at the specialized and technical regional meeting of the International Maritime Organization (IMO) in Georgia, drawing the attention of the organization’s experts and representatives of regional countries.

Contracts worth $13.6b for development of oil, gas fields kick off

TEHRAN- The Director of Engineering and Development of the National Iranian Oil Company announced the ratification and start of executive operations of five oil and gas field development contracts worth $13.6 billion in the 14th government, and said: With the implementation of these contracts, daily production capacity will increase by more than 600,000 barrels of oil and 30 million cubic meters of gas.

Iran’s fishery products export capacities outlined

TEHRAN- The pavilion of Iran at the International Fisheries and Aquaculture Exhibition in St. Petersburg hosted senior Russian officials, and Iran’s aquatic products export capacities were outlined.

Oil industry’s damaged capacities put on path to recovery: minister

TEHRAN- Iran’s Oil Minister, emphasizing the favorable process of rebuilding damaged oil industry facilities, said: It is expected that part of the lost capacity will become available by the end of the current Iranian calendar year (March 2027), and the rest in the first half of next year.

‘BRICS can reduce Iran’s trade costs’

TEHRAN- The Vice Chairman of the Iran-Russia Joint Chamber of Commerce, stating that using BRICS financial mechanisms and settling exchanges with national currencies can reduce Iran’s trade costs, said: Placing the rial in the calculation basket of this group requires stabilizing the value of the national currency and reforming foreign currency exchange regulations.

Iran, Tajikistan emphasize trade expansion, removal of obstacles to economic exchanges

TEHRAN- Iran’ Deputy Minister of Industry, Mining and Trade for Commercial Affairs, in a meeting with the Deputy Minister of Economic Development and Trade of Tajikistan, reviewed the latest status of economic and trade cooperation between the two countries and emphasized the need to accelerate the implementation of agreements, remove obstacles facing those active in the economic sectors, and provide new grounds for developing bilateral trade.

Special working group formed for Chabahar-Zahedan railway operation

TEHRAN- The Deputy Minister of Transport and Urban Development announced the formation of a working group to monitor and follow up on the operation of the Chabahar-Zahedan railway and described this rail project as a golden page in the country’s development history.

Northern ports; driver of Iran’s trade development with Eurasia

TEHRAN- CEO of Mazandaran Free Zone Organization Amin Ofoghi stated: The Mazandaran Free Zone, whose establishment began last year, is considered a valuable gift from the 14th government to the people of Mazandaran Province and has created new hope in the province.

‘Iran has agreements with BRICS members for cooperation in various fields’

TEHRAN- Iran’s Minister of Economic Affairs and Finance said at the Supreme Council of the Stock Exchange meeting: At the BRICS summit, we received very good feedback both from the heads of member states and in the meetings held with the countries present at this summit, very useful grounds for cooperation in various economic fields were understood and agreed upon.

Khandouzi introduced as new head of Leader’s office economic review unit

TEHRAN- The introduction ceremony for Seyyed Ehsan Khandouzi as the new head of the Economic Review Working Group of the Review Department of the Office of the Leader of the Islamic Revolution, and the farewell for Ali Aqa-Mohammadi, was held on Tuesday.

Energy minister visits Fars: water projects inaugurated, power substations opened

TEHRAN- Energy Minister Abbas Aliabadi arrived in Shiraz on Monday evening at the head of a delegation via Martyr Ayatollah Dastgheyb Airport for a two-day trip to inspect water and electricity projects and inaugurate major projects in various counties of Fars Province. He was welcomed by Fars Governor Hossein-Ali Amiri and other provincial officials.

Iran’s large trade delegation in Russia: an opportunity for a leap in exchanges

TEHRAN- More than 300 business figures from 18 provinces of Iran who have traveled to Russia to participate in two international exhibitions discussed practical solutions for a leap in trade between the two countries in a meeting with Iran’s ambassador, the governors of Yazd and Bushehr, and the heads of Iran’s Fisheries Organization and Veterinary Organization.

CBI governor meets Turkish, Tunisian counterparts at Islamic Banks Summit

TEHRAN- The Governor of the Central Bank of Iran met and held talks with the Governors of the Central Banks of Turkey and Tunisia on the sidelines of the summit of Central Bank Governors of Islamic countries.

Salman field creates $1.2b revenue in 2 years

TEHRAN- The project to maintain oil production, collect associated gases, and develop gas transmission infrastructure at the shared Salman Field is underway.

Tehran hosting international auto show

TEHRAN - The 7th Tehran International Auto Show is running at Shahr-e Aftab exhibition center during September 14-17.