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2025-06-20 14:09
Necessity of coordination between FTZs, IRICA emphasized
TEHRAN- During the online meetings of the Secretary of the Supreme Council of Free Zones with the Managing Directors of the Arvand, Qeshm, and Kish Free Zones, the necessity of coordination with the Islamic Republic of Iran Customs Administration (IRICA) in order to facilitate and expedite the process of goods clearance under special circumstances was emphasized.
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2025-06-20 13:06
Non-oil commodities valued at over $38m exported from Sistan-Baluchestan
TEHRAN- As announced by a provincial official, non-oil goods worth $38.105 million were exported from Sistan-Baluchestan province in the southeast of Iran during the first two months of the current Iranian calendar year (March 21-May 21).
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2025-06-20 12:51
India exports non-oil products worth $291m to Iran in 2 months
TEHRAN- India exported non-oil products worth $291 million to Iran during the first two months of the current Iranian calendar year (March 21-May 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-06-20 12:24
Fuel supply stable in country: NIORD
TEHRAN- National Iranian Oil Refining and Distribution Company (NIORDC) announced in a statement the stable and favorable situation of fuel supply in the country and stated: “Fuel is being distributed in sufficient and appropriate quantities and congestion at stations has been significantly reduced.”
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2025-06-20 12:08
No problem in supply, distribution of basic goods
TEHRAN- The deputy agriculture minister for planning and economic affairs said that there are no problems in the supply and distribution of basic items needed by the people.
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2025-06-20 11:54
Complete coordination made in rail, road transportation: minister
TEHRAN- Iranian Minister of Transport and Urban Development, in a meeting with the general directors of transport and urban development sectors, discussed establishing complete coordination and maximum cooperation, especially in the transport of goods and passengers in the rail and road sectors.
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2025-06-19 15:28
Iran says no shortage of essential goods despite recent attacks
TEHRAN – Iran's minister of industry, mining and trade said on Wednesday that there is no disruption in the supply of essential goods across the country, despite recent unrest following a deadly attack.
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2025-06-19 15:27
Oil Minister assures public of stable fuel supply despite potential local restrictions
TEHRAN – Iran’s oil minister sought to reassure the public on Wednesday, saying there is no concern over fuel availability and that supply remains stable across the country.
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2025-06-19 15:27
Oil prices rise amid escalating Iran-Israel tensions
TEHRAN – Global oil prices climbed on Thursday as mounting fears of a military confrontation between Iran and Israel raised concerns about potential supply disruptions from the oil-rich West Asia.
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2025-06-19 15:27
Iran eyes faster freight transport through active rail diplomacy
TEHRAN – Iran’s railway chief on Thursday highlighted the country’s commitment to enhancing international rail cooperation, saying that active rail diplomacy can accelerate freight movement, reduce costs, and drive economic growth.
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2025-06-19 15:26
Over $11.7b supplied for imports since late March
TEHRAN – The Central Bank of Iran (CBI) has allocated more than $11.7 billion in foreign currency to cover import needs since the beginning of the Persian year 1404 (March 20), according to the Iran Center for Exchange of Currency and Gold.
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2025-06-18 17:34
From mirage to reality: Bubble growth of Tel Aviv Stock Exchange index with political backing
TEHRAN- The Israeli Stock Exchange's TA-125 index has deviated from its long-term average and variance to an unprecedented extent, showing clear signs of the formation of a politically-backed price bubble.
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2025-06-18 11:03
Trade balance in Qeshm FTZ hits $37.8m in 2 months
TEHRAN - Iran’s Free Zones High Council announced that the trade balance of Qeshm Free Trade Zone, in the southern Qeshm Island, was $37.8 million positive in the first two months of the current Iranian calendar year (March 21-May 21).
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2025-06-18 11:02
Iran-China 2-month non-oil trade stands at $4.631b
TEHRAN - The value of non-oil trade between Iran and China stood at $4.631 billion during the first two months of the current Iranian calendar year (March 21-May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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2025-06-17 12:00
Essential goods adequately stocked
TEHRAN- The chairman of the Tehran Chamber of Guilds announced that there is sufficient storage of basic and essential commodities in the country.
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2025-06-17 11:49
Liquefied propane, natural gas major non-oil exported products in 2 months
TEHRAN- As announced by the head of the Islamic Republic of Iran Customs Administration (IRICA), liquefied propane and natural gas were the major non-oil products Iran exported in the first two months of the current Iranian calendar year (March 21–May 21).
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2025-06-17 11:37
Transit of goods via railway increases by 131% in Shahid Rajaei port
TEHRAN- As announced by Iran’s Port and Maritime Organization (PMO), transit of commodities via railway has increased by 131 percent in Shahid Rajaei port, in south of Iran, during the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year.
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2025-06-17 11:20
Iran exports non-oil products valued at $322m to Pakistan in 2 months
TEHRAN- Iran exported non-oil commodities valued at $322 million to Pakistan during the first two months of the current Iranian calendar year (March 21-May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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2025-06-16 15:34
Iran’s 2-month non-oil export to Afghanistan stands at $374m
TEHRAN- Iran exported non-oil commodities valued at $374 million to Afghanistan during the first two months of the current Iranian calendar year (March 21-May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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2025-06-16 15:19
GECF chief condemns Israeli attack on Iran, expresses solidarity
TEHRAN - The Secretary General of the Gas Exporting Countries Forum (GECF) has condemned Israel's recent attack on Iran and extended his condolences in a message to Iran’s Oil Minister, expressing solidarity with the Iranian government and people.
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2025-06-16 15:10
Iranian banks disburse $22.5b in loans in 2 months
TEHRAN – Iranian banks issued a total of 1.127 quadrillion rials (approximately $22.5 billion) in loans during the first two months of the Iranian year 1404 (starting March 20, 2025), marking a 51.7 percent increase compared to the same period last year, the Central Bank of Iran (CBI) announced.
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2025-06-16 15:09
OPEC secretary-general condemns Israeli attack on Iran, offers condolences
TEHRAN – The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) has condemned Israel’s recent attack on Iran, expressing solidarity with the Iranian government and people in a message to Oil Minister Mohsen Paknejad, who also serves as President of the OPEC Conference in 2025.
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2025/06/16
By Ge Lin (CGTN economic commentator)
Latecomer advantage: Central Asia's prospects for embracing technology
Chinese President Xi Jinping's visit to Astana, Kazakhstan, on June 16 for the second China–Central Asia Summit marks another milestone in reviving a historic bond shaped by the ancient Silk Road — a shared civilizational journey linking China and Central Asia.
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2025-06-16 14:38
Madani-Zadeh confirmed as Iran’s new economy minister
TEHRAN – Iranian lawmakers on Monday approved Seyed Ali Madani-Zadeh as the country’s new Minister of Finance and Economic Affairs, making him the second person to hold the post in President Masoud Pezeshkian’s administration.
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2025-06-15 15:14
Iron ore pellet export up 16% in a month on year
TEHRAN – The value of Iran’s iron ore pellet export increased by 16 percent in the first month of the current Iranian calendar year, Farvardin (March 21-April21), as compared to the first month in the past year, the Iranian Steel Producers Association (ISPA) reported.
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2025-06-15 15:06
Iran exports non-oil products valued at $305m to Oman in 2 months
TEHRAN- Iran exported non-oil commodities valued at $305 million to Oman during the first two months of the current Iranian calendar year (March 21-May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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2025-06-15 15:05
Trade balance in Iran’s free trade zones positive
TEHRAN - Iran’s Free Zones High Council announced that the trade balance of the country's free trade zones was $69.5 million positive in the first two months of the current Iranian calendar year (March 21-May 21).
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2025-06-15 14:40
Agricultural production stands at 125-130m tons
TEHRAN- A member of the Agriculture Committee of Iran Chamber of Cooperatives said: "Today, the domestic production of agricultural products is between 125 and 130 million tons, and the country has no problem in supplying food."
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2025-06-15 14:37
ECO condemns Israel’s aggression against Iran
TEHRAN- The Economic Cooperation Organization (ECO) condemned the Zionist regime's aggression against the Islamic Republic of Iran in a statement, calling it a clear violation of Iran's sovereignty and territorial integrity.
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2025-06-14 18:02
SCO condemns military strikes on Iran
TEHRAN - The Shanghai Cooperation Organization has issued a statement condemning military strikes on the territory of the Islamic Republic of Iran. The following is the text of the statement, which comes as follows.