Tehran, Moscow hail free trade deal as turning point in economic ties

TEHRAN – Iran’s Industry, Mining and Trade Minister Seyed Mohammad Atabak met Russian Economic Development Minister Maxim Reshetnikov in Moscow during the first joint committee session on implementing the Iran–Eurasian Economic Union (EAEU) free trade agreement.

Iran, Uzbekistan target 2m tons of rail trade by 2026

TEHRAN – Iran and Uzbekistan have set an ambitious target to more than double their rail freight exchanges to 2.0 million tons by 2026, the head of Iranian Railways said after talks with his Uzbek counterpart.

Iran security chief meets business leaders, pledges support for private sector

TEHRAN – Ali Larijani, secretary of Iran’s Supreme National Security Council, met with the board and private sector representatives of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Tuesday, delivering assurances that the government would strengthen support for business activity despite sanctions.

Iran proposes permanent export exhibition in Amman to boost trade with Jordan

TEHRAN – The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), Samad Hassanzadeh, proposed establishing a permanent exhibition of Iran’s production and export capacities in Amman, with the support of Jordan Chamber of Commerce.

Iran, Azerbaijan push for stronger economic ties

TEHRAN – Iran and Azerbaijan pledged to expand economic and trade cooperation during a meeting of the countries’ joint economic committee in Tehran.

NIOC chief says Iran’s oil exports continue without interruption

TEHRAN – Iran’s oil exports are continuing without interruption, the head of the National Iranian Oil Company (NIOC) said on Monday, dismissing reports of losses from changes in sales methods.

New pipeline secures stable gas production at South Pars phase 16

TEHRAN – The Iranian Offshore Engineering and Construction Company (IOECC) has completed a new offshore and onshore pipeline for phase 16 of the South Pars gas field, ensuring stable production from the platform, the project manager said.

ICCIMA pledges training support, economic cooperation with Palestine

AMMAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said it is ready to provide training and knowledge-enhancement courses for the Palestinian people in cooperation with the Islamic Chamber Research and Information Center (ICRIC), while urging Islamic countries to commit to purchasing Palestinian products.

Industry Ministry unveils plan to boost SME exports through consortia, global market integration

TEHRAN – Iran’s Ministry of Industry, Mining and Trade has outlined new measures to support small and medium-sized enterprises (SMEs) in boosting their exports, according to the Small Industries and Industrial Parks Organization (ISIPO).

Iran sends 1st TIR Carnet shipment to Kuwait via Shalamcheh border

TEHRAN – Iran has exported its first TIR Carnet shipment to Kuwait through the Shalamcheh border crossing, marking a milestone in the country’s regional trade expansion, the Khorramshahr Chamber of Commerce said.

Renewable capacity nears 3 GW, target lifted to 30 GW in 7th Plan

TEHRAN – Iran’s renewable power capacity is approaching 3.0 gigawatts (GW) and is forecast to reach 7.0 GW by the end of the current Iranian calendar year (late March 2026), according to a senior official from the Renewable Energy and Energy Efficiency Organization (SATBA).

Iran, Azerbaijan push forward joint projects from logistics hub to industrial park

TEHRAN – Hossein Pirmoazzen, deputy head of the Iran Chamber of Commerce, said Iran and Azerbaijan are taking strategic steps to advance joint projects ranging from logistics to industrial infrastructure, including a planned logistics hub and a joint industrial park.

Iran’s steel exports near $3b in 5 months despite rebar slump

Tehran – Iran’s steel industry recorded nearly $3 billion in exports during the first five months of the year, a 10 percent increase from the same period last year, the Iranian Steel Producers Association said.

Iran, Spain boost anti-money laundering cooperation as Madrid prepares to host FATF meeting

TEHRAN – Iran and Spain have agreed to strengthen cooperation in combating money laundering, with Madrid set to host the next meeting between Iran and the Financial Action Task Force (FATF).

Rail freight through Iranian ports rises 14% in 5 months on year

Tehran – Iran moved about 3.6 million tons of cargo through its ports by rail in the first five months of the current Iranian calendar year (March 21-August 22), up 14 percent from the same period last year, the head of commercial affairs at Iran Railways said.

Iran, Azerbaijan to hold joint economic committee meeting next week

Tehran – The head of the Iran-Azerbaijan Joint Chamber of Commerce said the two countries will hold a meeting of their joint economic commitee in Tehran next week, with Azerbaijani Deputy Prime Minister Shahin Mustafayev attending, Tasnim news agency reported.

Iran, Russia discuss boosting economic co-op ahead of 19th joint committee meeting

Tehran – Iran’s Oil Minister Mohsen Paknejad on Wednesday met Russian Energy Minister Sergei Tsivilyov and Gazprom CEO Alexei Miller in Tehran to review economic cooperation and preparations for the next meeting of the Iran-Russia Joint Economic Committee, the Oil Ministry’s news agency Shana reported.

Iran’s industry minister visits Kabul to discuss trade barriers, joint projects

TEHRAN – A high-ranking Iranian economic delegation led by Industry, Mining and Trade Minister Seyed Mohammad Atabak arrived in Kabul on Monday for talks on boosting trade and investment with Afghanistan.

By Afshin Majlesi

Isfahan holds first investment expo to attract domestic, foreign capital

ISFAHAN – The first Isfahan International Investment Expo (ISINEX 2025) opened on Wednesday in the central Iranian city to attract domestic and foreign investment.

TCCIMA delegation visits China’s Khorgos trade hub

TEHRAN – A high-level delegation from the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) visited the Khorgos Free Economic Zone in China after completing meetings in Almaty, Kazakhstan, to explore opportunities for expanding economic ties.

Iran exports $800m in water, power engineering services in a year

TEHRAN – Iran exported around $800 million worth of water and power engineering services in the past Iranian calendar year (ended on March 20), the Energy Ministry said, highlighting growing regional demand for the country’s technical expertise.

Dairy exports jump 32% in Q1

TEHRAN – Iran’s dairy exports rose sharply in the first quarter of the current Iranian year (March 21 –June 21), driven by the use of subsidized raw milk, even as domestic consumption of dairy products declined.

Iran’s exports to Africa double in 5 months yr/yr

TEHRAN – Iran’s exports to Africa doubled in the first five months of the current Iranian year (March 21-August 22) compared with the same period last year, while imports from the continent declined, the head of the Africa office at the Trade Promotion Organization (TPO) said.

Oil output rises 3,000 bpd at South Azadegan field

TEHRAN – Daily oil production has increased by 3,000 barrels following the launch of well Fahliyan-52 at the South Azadegan field, raising the field’s total output to 61,900 barrels per day, Petropars Group said.

Tehran, Almaty eye joint trade hub with China’s Khorgos

TEHRAN – The head of Kazakhstan’s Association of Free Economic Zones has proposed creating a joint commodity exchange linking Tehran, Almaty and China’s Khorgos Free Economic Zone (FEZ), during a meeting with a Tehran Chamber of Commerce delegation led by its president, Mahmoud Najafi Arab.

NIGC raises gas supply to power plants by 2 bcm

TEHRAN – Iran has increased natural gas deliveries to its power plants by around two billion cubic meters (bcm) since the start of the current calendar year (late March 2025), bringing total supplies to 47.4 bcm by Sept. 11, according to the National Iranian Gas Company (NIGC).