Vehicle crash, safety test center inaugurated in Tehran province

TEHRAN- A Vehicle Crash and Safety Test Center was inaugurated on Tuesday morning with the presence of Mohammad-Reza Aref, the first vice president, and the commanders of the Traffic Police, as well as a group of specialists in this field.

TEDPIX gains 32,000 points on Tuesday

TEHRAN- TEDPIX, the main index of the Tehran Securities Exchange (TSE), rose 32,334 points to 3.76 million on Tuesday, which is the fourth day of the Iranian calendar week.

Iran’s tea export increases 48%

TEHRAN- The head of the Iranian Tea Organization said this (Iranian calendar) year (began on March 21), the country's tea exports have increased by 48 percent compared to the same period last year, and close to 9.8 million kilograms of tea were exported to foreign markets.

Iran-Uzbekistan agricultural trade to be facilitated

TEHRAN- During a meeting between the heads of the Plant Protection Organizations of Iran and Uzbekistan, emphasis was placed on developing bilateral cooperation in the fields of plant quarantine, pest control, and facilitating the safe trade of agricultural products.

Alumina powder output exceeds 155,000 tons in 8 months

TEHRAN - Production of alumina powder in Iran reached 155,410 tons in the first eight months of the current Iranian calendar year (March 21-November 21), according to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Steel chain exports rise 41% in 8 months on year

TEHRAN- The volume of Iran’s steel chain export has increase 41 percent in the first eight months of the current Iranian calendar year (March 21-November 21), as compared to the same period of time in the previous year, Iranian Steel Producers Association (ISPA) reported.

Iran-South Korea Chamber of Commerce members meet South Korean ambassador

TEHRAN- During a meeting between the members of the Iran-South Korea Joint Chamber of Commerce and the South Korean ambassador in Tehran, the sides reviewed the latest status of bilateral relations between Iran and South Korea, and emphasized the necessity of strengthening cooperation in economic and cultural fields, the chamber reported.

Cabinet approves general outline of next year’s budget bill

TEHRAN – Iran’s cabinet on Sunday approved the general framework of the government’s budget bill for the Iranian year 1405 starting late March 2026, during a meeting chaired by President Masoud Pezeshkian.

Iran, Pakistan push for joint trade committee, $10b trade target

TEHRAN – Iranian and Pakistani business representatives agreed to pursue the creation of a joint trade committee and work towards boosting bilateral trade to $10 billion, during a meeting in Karachi aimed at strengthening private-sector cooperation and facilitating cross-border commerce.

Oil Ministry targets completion of over 1,000 km of gas pipelines by late Mar. 2026

TEHRAN – Iranian Oil Ministry aims to complete and bring into operation more than 1,000 kilometers of gas transmission pipelines by the end of the current Iranian calendar year (late March 2026), Oil Minister Mohsen Paknejad said, underscoring efforts to strengthen energy security during periods of peak demand.

TPO to hold conference on trade opportunities with India

TEHRAN – Iran’s Trade Promotion Organization (TPO) will hold its second conference on understanding the Indian market and trade opportunities later this month, as officials and business representatives assess ways to expand Iran’s limited share of one of the world’s largest economies.

Iran’s heavy crude oil price stands at $64 in November: OPEC

TEHRAN - Iran’s heavy crude oil price edged lower in November in line with other grades in the OPEC basket, the group’s latest monthly report showed.

Iran, Kazakhstan private sectors sign 9 co-op agreements during Astana visit

TEHRAN – Private-sector representatives from Iran and Kazakhstan signed nine cooperation agreements during a visit by a trade delegation from the Iran Chamber of Commerce to Astana, aimed at expanding bilateral business ties.

South Pars gas output rises 6m cubic meters

TEHRAN – Iran has raised daily gas extraction from the South Pars gas field, it shares with Qatar in the Persian Gulf, to 722 million cubic meters, up six million cubic meters from last winter, after a year of targeted drilling and overhaul work, Pars Oil and Gas Company (POGC), which is in charge of developing the field, announced.

Transit of goods through Iran’s land borders nears 11m tons in 8 months

TEHRAN – Iran’s road transit of goods reached 10.97 million tons in the first eight months of the current Iranian calendar year (March 21-November 21), driven by stronger activity in international freight corridors, the country’s road transport authority said.

By Ebrahim Fallahi

Tehran, Astana plan to boost trade, deepen transport, private-sector ties

TEHRAN – An Iran-Kazakhstan business conference convened in the Kazakh capital Astana on Thursday, with the presidents of both countries, senior ministers, private sector officials, and business delegations from the two countries in attendance, seeking to deepen commercial ties.

Free zones transformation document finalized

TEHRAN- Reza Masrour, the secretary of Iran’s Supreme Council of Free Trade and Special Economic Zones, announced the finalization of the transformation document for free zones and the drafting of the digital economy document for free zones within the government, stating that the implementation of these documents will transform the future roadmap of the free zones.

Land–Sea Alliance seen as gateway to expanding China–Iran economic ties

TEHRAN – Iran and China are looking to deepen economic and trade cooperation through the International Land–Sea Trade Corridor, with senior officials highlighting the platform’s role in connecting member states and improving living standards across the region.

ICCIMA head outlines 6 steps to boost trade with Kazakhstan

TEHRAN – The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said on Wednesday that a set of practical measures, including formalized barter, a joint financial mechanism and long-term involvement in Kazakhstan’s infrastructure projects, could significantly expand bilateral trade.

Iran, Belarus to expand cooperation across farming, forestry, veterinary services

TEHRAN – Iran’s agriculture minister and Belarus’ industry minister agreed to expand cooperation across farming, forestry, veterinary services, and plant and animal quarantine, with commitments to jointly produce agricultural machinery and potash fertilizer, the Agriculture Ministry said.