Implementation of barter trade between Iran, Pakistan through consortium formation

TEHRAN- The Commercial and Investment Attaché of Pakistan in Iran, during a meeting with the Vice President for International Affairs and Trade Development of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), and the Commercial Attaché of Iran in Pakistan, exchanged views on new cooperation avenues and emphasized expediting the implementation of the barter mechanism and removing trade barriers between the two countries.

Let’s pledge that no water or food is wasted: agriculture minister

TEHRAN- The Iranian minister of agriculture, at the International Conference on Combating Water and Food Waste in Turkey, highlighted the water challenge and emphasized the importance of proper water resource management and reducing food waste as a solution to preserve this vital resource.

Iran, Russia, Azerbaijan expand railway co-op in North-South Corridor with MOU

TEHRAN- During the 83rd meeting of the Commonwealth of Independent States (CIS) Transport Council in Baku, the heads of the railways of Iran, Russia, and Azerbaijan signed a memorandum of understanding aimed at strengthening long-term cooperation and developing the western route of the International North-South Transport Corridor.

By Ebrahim Fallahi

Iranian trade mission eyes industrial revival, investment opportunities in Cuba

TEHRAN – An Iranian business delegation has opened discussions in Havana on a series of potential investment projects aimed at reviving Cuba’s stalled industrial capacity, expanding bilateral trade and strengthening cooperation in key sectors ranging from sugar and cement to mining, steel and pharmaceuticals.

Industrial parks, new players in energy optimization

TEHRAN- The Director General of the Office for Coordination, Design, Measurement, and Validation of the Renewable Energy and Energy Efficiency Organization (SATBA) stated: Industrial estates can benefit from the advantages by participating in consumption optimization plans and receiving energy saving certificates.

Cuban president invites Iranian food brands to Cuban chain stores

TEHRAN- During a visit to Iran's pavilion at the Havana International Fair (FIHAV 2025), the president of Cuba invited Iranian food industry brands to enter Cuban chain stores.

Iranian minister leaves Tehran for Istanbul to attend ECO ministerial meeting

TEHRAN- Iran’s minister of industry, mining, and trade traveled to Turkey to participate in the meeting of ministers from member countries of the Economic Cooperation Organization (ECO), which is being held at the ministerial level for the first time in 20 years.

Iran produces 12.7m tons of steel products in 7 months

TEHRAN- Iran produced 12.708 million tons of steel products in the first seven months of the current Iranian calendar year (September 23-October 22), Iranian Steel Producers Association (ISPA) announced.

Alumina powder output exceeds 133,000 tons in 7 months

TEHRAN - Production of alumina powder in Iran reached 133,483 tons in the first seven months of the current Iranian calendar year (September 23-October 22), according to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Petrochemical industry meets first-year targets under Seventh Plan

TEHRAN – Iran’s National Petrochemical Company (NPC) has met all first-year goals under the Seventh National Development Plan, its managing director said, stressing the need for tougher safety inspections and stronger multilayer protection across the sector.

New opportunities emerging for investors: Pezeshkian

TEHRAN – Iranian president pointed to the country’s active presence in BRICS, SCO, and EAEU, and emphasized that these diplomatic interactions strengthen economic relations with neighbors and create a large market and new opportunities for merchants and investors.

Ashgabat to host 16th ‘Iran Project’ exhibition in late January 2026

TEHRAN – The 16th edition of the specialized Iran Project exhibition, focused on engineering and technical services, will be held in Ashgabat from January 28 to 30, 2026, after receiving official authorization from the Trade Promotion Organization of Iran (TPO).

Iran inks 6-nation pact in Istanbul, bolstering its role as key transit gateway

TEHRAN – Iran, China, Kazakhstan, Uzbekistan, Turkmenistan and Turkey signed a multilateral agreement in Istanbul aimed at expanding rail freight movement along the southern branch of the Eurasian transit corridor, reinforcing Iran’s position as a core gateway for container traffic between China and Europe.

Iran to establish independent free-zone bank under new economic reform plan

TEHRAN - Iran plans to create an independent banking system dedicated to its free trade zones as part of a broader effort to overhaul the country’s economic governance, the economy minister said, adding that free zones will serve as the launchpad for structural reform.

IDRO launches Pilot overhaul program for aging industrial units in 6 provinces

TEHRAN – Iranian Industrial Development and Renovation Organization of Iran (IDRO) has begun a pilot program to renovate and modernize aging industrial units across six provinces, with officials saying nearly 200 factories have already registered to participate.

Tehran hosting major steel, metallurgy fair with over 700 exhibitors

TEHRAN – Tehran Permanent International Fairgrounds is hosting the 22nd edition of Iran's international exhibition of metallurgy, dubbed IRAN METAFO, bringing together more than 700 domestic and foreign companies in what officials describe as the country’s most significant annual gathering for the steel and metals sector.

ICCIMA chief urges France to expand cooperation in non-sanctioned sectors

TEHRAN – The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) called for broader economic engagement with France in non-sanctioned sectors such as agriculture, water and pharmaceuticals during a meeting with the French ambassador in Tehran, saying commercial ties could help ease political constraints between the two countries.

Kohak project an example of effective co-op between S. Korea, Iran: South Korean ambassador

TEHRAN- South Korean Ambassador to Iran, Kim Junpyo, emphasized the continuation of cooperation with Iran in environmental and social projects, and stated that the implementation of the "Kohak" rural wastewater project in Sistan-Baluchestan province is a successful example of effective and friendly cooperation between South Korea and Iran.

Tehran, Beijing outline housing cooperation roadmap ahead of planned MOU

TEHRAN – Iran’s Transport and Urban Development Ministry said officials from Tehran and Beijing have begun drafting a housing and construction cooperation roadmap that is expected to form the basis of a bilateral memorandum of understanding (MOU) to be signed during the Iranian president’s upcoming visit to China.

By Ebrahim Fallahi

Iran expands economic ties with Afghanistan with new trade, mining, energy initiatives

TEHRAN – Senior representatives from Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and multiple Afghan economic bodies signed a series of cooperation agreements during a high-level visit to Kabul and the Imam Abu Hanifa International Exhibition, signaling a broad effort to expand trade, investment and technical collaboration across mining, agriculture, energy and healthcare.

Qeshm to host digital export development event

TEHRAN – The managing director of Qeshm Free Zone Organization said the island will host a Digital Export Development event known as “Q-Gate” on December 16–17, as part of a broader push to strengthen Iran’s digital economy and expand technology-based exports.

Iran eyes stronger foothold in Iraqi market with $20b trade goal

TEHRAN – Iran is seeking to expand its commercial presence in Iraq, with the Iran–Iraq Joint Chamber of Commerce outlining a three-year target to raise bilateral exchanges to $20 billion, driven by Iran’s capacity to supply a broad range of consumer goods, food products and industrial materials.

Iran positions itself as central bridge for China–Europe rail corridor

TEHRAN – Iran’s transport minister said progress on the strategic Marand–Cheshmeh-Soraya railway is accelerating, paving the way for a continuous China–Europe rail route that would place Iran at the heart of a major new transit corridor.

Iran, South Korea discuss expansion of co-op in science, research, technology

TEHRAN – In a meeting aimed at strengthening academic and technological ties, South Korea's Ambassador to Iran, Kim Junpyo, met with Iran’s Deputy Minister of Science, Research and Technology, Farhad Yazdandoust, on Sunday.

Morteza Fouladi appointed as new managing director of NIDC

TEHRAN- The managing director of the National Iranian Oil Company (NIOC) appointed Morteza Fouladi as the new managing director the National Iranian Drilling Company (NIDC).