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2025-04-25 15:14
Iran, Russia discuss bolstering INSTC, trade, energy co-op
TEHRAN – Iran's ambassador to Russia said Tehran and Moscow are determined to deepen bilateral ties across several sectors, including the International North–South Transit Corridor (INSTC), transit projects, and gas transfers. He stressed the need to strengthen trade and complete joint initiatives to enhance Iran's international standing and security.
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2025-04-22 16:13
Tehran, Tashkent eye joint investment fund to boost economic ties
TEHRAN – A senior Uzbek delegation welcomed Iran's proposal to establish a joint investment fund during a high-level meeting with the National Development Fund of Iran, as both countries explore broader economic cooperation spanning energy, infrastructure, and mining.
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2025-04-22 16:06
Over 1,300 idle industrial units revived in a year
TEHRAN – Iran revived 1,344 idle industrial units across the country in the past Iranian calendar year (ended on March 20) as part of efforts to boost production capacity and bring workers back to factories, according to a senior official from the Ministry of Industry, Mining and Trade.
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2025-04-22 15:59
Iran seeks closer agricultural ties with BRICS members
TEHRAN - Iran's Agriculture Minister said the country’s relations with BRICS members are set to deepen, following Tehran’s active participation in the 15th BRICS Agriculture Ministers Meeting, IRIB reported.
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2025-04-21 14:50
Moscow to host 18th Iran-Russia Joint Economic Committee meeting
TEHRAN - The 18th meeting of the Iran-Russia Joint Economic Committee will be held in Moscow from April 22 to 24, aimed at expanding bilateral cooperation between the Islamic Republic of Iran and the Russian Federation.
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2025-04-21 14:40
Iran aims for 8m tons of rail transit in current year, eyes 40m in long term
TEHRAN – Iran moved five million tons of goods via rail transit in the last Iranian year (ended late March 2025) and plans to increase that to eight million tons this year, the head of the Islamic Republic of Iran Railways (RAI) said on Sunday.
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2025-04-21 14:15
Tehran to host 7th Iran Expo with over 2,000 foreign traders in attendance
TEHRAN - The 7th edition of the Iran Export Capabilities Exhibition (Iran Expo 2025) will be held in Tehran from April 27 to May 1, showcasing the country’s export potential to a global audience.
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2025-04-20 15:40
Annual agricultural exports surge 29% to $5.2b
TEHRAN – Iran's agricultural exports rose by 29 percent in the Iranian year 1403 (ended March 19, 2025), reaching $5.2 billion, according to the Islamic Republic of Iran Customs Administration (IRICA).
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2025-04-20 15:38
Iran signs $750m investment deals in rail transport sector
TEHRAN – Iran on Sunday signed investment memoranda worth $750 million in the country’s rail transport sector, in the presence of the Minister of Transport and Urban Development, the head of the Islamic Republic of Iran Railways (RAI), private investors, and industry stakeholders.
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2025-04-20 15:36
Iranian private sector ready for joint investments in Uzbekistan
TEHRAN - The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said the country’s private sector is ready to pursue joint investments in Uzbekistan and called on Tashkent to implement a reciprocal visa waiver to ease travel and boost tourism between the two countries.
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2025-04-19 17:41
Iran announces first action plan against money laundering, financing terrorism
TEHRAN- The First Action Plan of the Islamic Republic of Iran against money laundering and financing terrorism has been announced by the country’s Financial Intelligence Unit (FIU).
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2025-04-19 15:30
IMIDRO launches mining, mineral industry projects worth $2b in a year
TEHRAN – The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) commissioned $2.0 billion worth of mining and mineral industry projects in the past Iranian calendar year 1403 (ended on March 20), according to Mohammad Aghajani, head of the organization.
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2025-04-19 15:26
Iran’s annual steel output reaches 30.2m tons despite energy constraints
TEHRAN – Iran produced 30.2 million tons of steel in the Iranian year 1403 (ended on March 20), according to data released by the Iranian Steel Producers Association (ISPA).
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2025-04-19 15:16
Iran, India set to expand agricultural trade ties beyond $1b
TEHRAN – Iran and India are poised to enhance their agricultural trade volume beyond the current $1.0 billion, as announced by Iran’s Agriculture Minister Gholamreza Nouri Ghezeljeh following a meeting with India's Agriculture Minister Shivraj Singh Chouhan during the BRICS agriculture ministers’ summit in Brazil.
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2025-04-18 13:34
Khaf-Herat railway to be fully operational by Mar. 2026, official says
TEHRAN – Iran plans to complete the remaining deficiencies of the Khaf-Herat railway by August and finalize the fourth segment of the cross-border project by the end of the Iranian year in March 2026, the project manager said.
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2025-04-18 13:34
EDBI to expand support for global competitiveness of exporters
TEHRAN – The Export Development Bank of Iran plans to step up support for exporters, particularly small and medium-sized enterprises (SMEs), in a bid to boost their competitiveness in international markets, a senior bank official said.
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2025-04-18 12:47
Land transit surpasses annual target by 25%, sets new record
TEHRAN – Iran’s combined road and rail transit volume in the past Iranian year (ended in March 2025) exceeded the first-year target of the country’s 7th National Development Plan by 25 percent, reaching a record 17.5 million metric tons, a senior official said on Thursday.
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2025-04-16 15:08
Over $440m attracted for National Housing Movement Scheme
TEHRAN – Iran has mobilized 220 trillion rials (around $440 million) through bank loans and applicant contributions in the Previous Iranian calendar year (ended on March 20, 2025) to finance the construction of housing units in new towns under the National Housing Movement scheme, a senior official said.
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2025-04-16 14:00
Iran eyes re-export of Brazilian meat under ‘Halal Iran’ brand to Islamic markets
TEHRAN – Iran’s Agriculture Minister says the country may leverage infrastructure developed in Brazil to re-export red meat under the “Halal Iran” brand to Islamic countries, even as domestic meat production improves and direct imports from Brazil gradually decline.
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2025-04-16 13:19
Representatives from 30 countries to attend Iran’s oil investment event
TEHRAN - Representatives from 30 countries across Europe, South America, Asia, and Africa have confirmed their participation in the upcoming “Transformation in Upstream Oil and Gas Investment” event in Iran.
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2025-04-15 15:08
Iran, Iraq sign MOUs to expand energy cooperation, joint gas projects
TEHRAN – Iran and Iraq signed multiple memoranda of understanding to expand cooperation in the oil and energy sectors, as the two sides explored new avenues for joint development and technical collaboration.
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2025-04-15 15:06
Tehran, Moscow to deepen oil cooperation through joint development projects
TEHRAN – Senior Iranian and Russian energy officials have stressed the need to strengthen bilateral cooperation in the oil sector, focusing on joint development of key oilfields.
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2025-04-15 15:06
Iran, Belarus set to enhance air transport ties with direct Tehran-Minsk flights
TEHRAN – Iran and Belarus are moving to boost bilateral air transport cooperation, including plans to launch direct flights between Tehran and Minsk, the head of Iran’s Civil Aviation Organization said on Monday.
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2025-04-14 13:58
Iran private sector favors talks between Tehran, Washington
TEHRAN - Iran’s private sector has expressed strong support for the beginning of indirect talks between Tehran and Washington, citing the potential for improving the country’s economic landscape.
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2025-04-14 12:03
Iran, Turkey to establish joint free trade zone
TEHRAN - Iran is pursuing the creation of a joint free trade zone with Turkey, as part of broader efforts to resolve long-pending investment challenges and boost cooperation with neighboring countries, the secretary of Iran’s Free Trade and Special Economic Zones High Council said.
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2025-04-14 12:02
Iran Oil Show offers golden opportunity for intl. cooperation
TEHRAN - Iran’s Deputy Oil Minister for International Affairs and Trade emphasized the importance of energy diplomacy, highlighting the unique opportunities for expanding international cooperation in the oil industry at the upcoming Tehran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2025).
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2025-04-13 15:04
Iran exports non-oil goods worth $6.8b to Turkey in a year
TEHRAN – Iran exported non-oil commodities valued at $6.8 billion to Turkey in the past Iranian calendar year, which ended on March 20, 2025, according to an official with the Islamic Republic of Iran Customs Administration (IRICA).
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2025-04-13 14:03
Iran to implement 26 economic growth packages in 2025
TEHRAN – Iran plans to implement 26 executive packages aimed at boosting economic growth in the current Iranian year (ending March 2026), following their development in 2024, a senior official at the Planning and Budget Organization (PBO) said.
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2025-04-13 12:40
Iran’s oil minister to visit Iraq for energy talks
TEHRAN - Iran’s Oil Minister Mohsen Paknejad announced plans to travel to Iraq in the coming days at the invitation of his Iraqi counterpart, highlighting strong bilateral ties across various sectors, particularly in the oil industry and joint petroleum projects.
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2025-04-12 14:57
Nearly 235m tons of cargo handled at ports in a year
TEHRAN - Iran's ports handled a total of 234.8 million tons of goods in the Iranian year ending March 2025, according to Saeed Rasouli, Deputy Minister of Transport and Acting Head of the Ports and Maritime Organization (PMO).