TPO pledges to resolve banking, currency challenges facing technical-engineering services exporters

TEHRAN- Mohammad Ali Dehghan Dehnavi, Deputy Minister of Industry and Head of Iran’s Trade Promotion Organization (TPO), met with the Iranian Association of Technical and Engineering Services Exporters to address sector challenges.

Oil ministry, private sector meet to tackle winter gas supply, energy challenges

TEHRAN- The consultative meeting on the importance of sustainable natural gas supply in the cold season, the challenges facing the energy sector, and their effects on the country’s economic and industrial activities was held on Tuesday, with the participation of Hamid Bovard, Acting Oil Minister; Saeed Tavakoli, CEO of the National Iranian Gas Company; Mohammad Sadegh Azimifar, CEO of the National Iranian Oil Refining and Distribution Company; and the president and board members of the Tehran Chamber of Commerce, Industries, Mines and Agriculture.

Imports through northern sea borders increase by 76%

TEHRAN- The Minister of Transport and Urban Development said: In the first six months of the year, despite the closure of the southern ports, a 76% increase in imports through the country’s northern sea borders was recorded.

By Mahnaz Abdi

Iran, Turkey agree to remove transit barriers, develop border cooperation

TEHRAN- Iran’s Minister of Economic Affairs and Finance and Turkey’s Minister of Trade, on the sidelines of the 42nd session of the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) in Istanbul, reviewed solutions for developing economic and trade cooperation, facilitating truck traffic and the transit of goods and services, and removing existing obstacles at the shared borders.

Vietnamese ambassador to Iran pays working visit to Kashan, Isfahan province

TEHRAN- On 31 October and 1 November 2026, Vietnamese Ambassador to Iran Nguyen Luong Ngoc paid a working visit to Kashan, Isfahan Province. During the visit, he met with Mr. Mojtaba Raei, the governor of Kashan, and toured local rosewater and carpet production facilities.

Iran’s export to Turkey rises 59% in H1

TEHRAN- Director General of the West Asia and Africa Office of the Iran Trade Promotion Organization, while describing Iran’s trade trend with some West Asian countries as positive, announced a 59 percent growth in Iran’s exports to Turkey in the first six months of the current Iranian calendar year (March 21-September 21), compared with the same period last year.

Transferring knowledge to farms drives Iran’s sustainable food security

TEHRAN- At a World Food Day conference in Tehran, hosted by the Agricultural Research, Education and Extension Organization (AREEO) and the Ministry of Agriculture, senior officials stressed that scientific research must be linked directly to the real needs of agricultural producers.

Tehran Chamber to send trade delegation to China’s CIIE to expand Iran-China trade

TEHRAN- Concurrent with the 9th China International Import Expo (CIIE), to be held in Shanghai from November 5 to 10, the Tehran Chamber of Commerce will send a trade delegation consisting of traders and businessmen and capable Iranian companies to China.

Upgrading, safety improvements performed on 4,700km of secondary, rural roads across country

TEHRAN- The Director General of the Office for Secondary and Rural Roads Affairs of the Road Maintenance and Transportation Organization said: “This year, upgrading and asphalt overlay operations have been carried out on 4,699 kilometers of secondary and rural routes.”

Iran-Africa trade increases 66% in 9 months

TEHRAN- The Minister of Agriculture, referring to the trend of trade exchanges between Iran and African countries, said: “According to customs exchange statistics, Iran’s trade with Africa in the first nine months of the past Iranian calendar year 1404 (March 21-December 21, 2025) reached about 940 million dollars, which shows a 66 percent growth compared to the same period in the preceding year.”

Production leap in South Azadegan achieved by launching largest oil processing center

TEHRAN- Completion of the South Azadegan processing facilities raised West Karun capacity and transformed oil production.

Iran's economy has capacity to overcome war pressures: economic analyst

TEHRAN- An economic analyst, emphasizing Iran's economic capacity to overcome the pressures caused by war and to revive production and employment, stated: "Erosive bureaucracy and delays in decision-making have prevented the utilization of the country's economic power."

South Pars phase 11 development continues with drilling of 13th well on platform B

TEHRAN- The CEO of Petropars Group announced the continuation of drilling operations for the 13th well on Platform B of South Pars Phase 11 and stated: After the completion and commissioning of 12 wells at this location, drilling of the 13th well has also been placed on Petropars’ agenda beyond its contractual commitments, and it is currently at the stage of drilling the 16-inch hole.

‘Opportunities for agricultural cooperation with Africa available’

TEHRAN- Iran’s Minister of Agriculture, Gholamreza Nouri Ghezeljeh, addressed the First National Meeting on Iran-Africa Agricultural Cooperation, stressing that opportunities for joint agricultural cooperation with Africa are available and must be converted into concrete, operational, and lasting economic ties.

Iran, Belarus discuss establishing joint power plant repair center

TEHRAN- Iran’s deputy energy minister announced plans to establish a joint Iran-Belarus power plant repair center and stated that Iran is ready to export MAPNA-built gas turbines and wind equipment to Tatarstan.

Iran, Turkey’s capacities pave way for expanding bilateral co-op: Iran’s minister

TEHRAN- The Minister of Transport and Urban Development emphasized the necessity of expanding bilateral cooperation between Iran and Turkey in the political, economic, and transport/communications fields and said: Expanding economic and transport/communications relations between Iran and Turkey, in addition to securing mutual interests, can make an effective contribution to strengthening cooperation, prosperity, and sustainable development in the region.

Construction of new renewable power plants with 6,000 MW capacity on agenda

TEHRAN- The Deputy Minister of Energy and Head of the Renewable Energy and Energy Efficiency Organization (SATBA) announced the Ministry of Energy’s new plans to build 6,000 megawatts of new renewable power plants in the country and said: Alongside this process, creating a value chain and localizing the required equipment will also be pursued more vigorously.

Freight development, fleet productivity, service quality, top priorities of railways

TEHRAN- The CEO of the Railways listed the development of international rail transport, an increase in the movement of export cargo, faster wagon turnaround, improved safety, and higher quality passenger services as the company’s priorities.

Tehran, Doha discuss expansion of energy cooperation

TEHRAN- Iran’s Acting Oil Minister Hamid Bovard met with Saad bin Sherida Al-Kaabi, Qatar’s Minister of Energy, on Tuesday (October 27), on the sidelines of the eighth summit of the Gas Exporting Countries Forum (GECF) held in Moscow, and discussed the development of Iran-Qatar cooperation in the energy sector.

Iran, Belarus ink energy cooperation MOU

TEHRAN- A cooperation memorandum of understanding was signed between Abbas Aliabadi, Iran’s Minister of Energy, and the Belarusian Minister of Energy, aimed at establishing cooperation between the parties in the energy sector for mutual benefit.

Acting oil minister in Moscow: trilateral energy co-op, Iran–Russia gas swap via Azerbaijan

TEHRAN- Hamid Bovard, caretaker of the Ministry of Oil, on Monday, while announcing the positions of the Islamic Republic of Iran at the 28th Ministerial Meeting of the Gas Exporting Countries Forum, held bilateral and multilateral consultations aimed at strengthening Iran’s cooperation with other energy-reserve-holding countries.

Iran calls on gas exporters to strengthen cooperation, safeguard energy security

TEHRAN- At the 28th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Moscow, Iran’s Acting Minister of Oil, Hamid Bovard, presented a broad strategic vision linking global energy security to peace, regional stability, the security of critical infrastructure, and respect for national sovereignty.

Liquidity growth slowed, monthly inflation on a downward trend: economy minister

TEHRAN- Iran’s Minister of Economic Affairs and Finance, Seyed Ali Madanizadeh, told parliament on Tuesday that liquidity growth has entered a declining path and that monthly inflation has been falling over the past four months. Answering a question from MP Mostafa Pourdehqan Ardakani and several other lawmakers, he said the government is fully aware of the pressure that inflation and high prices are putting on ordinary households, retirees, workers, and employees, and that economic indicators are being monitored daily.