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2025-05-05 13:52
Iran invites Sweden to revive joint investment programs in auto, power sectors
TEHRAN – Head of Iran’s private sector authority has invited Sweden to revive previous joint investment initiatives in the country’s automotive and electricity industries, saying there is ample opportunity for cooperation in sectors not subject to international sanctions, with the government ready to guarantee the return of foreign capital and profits.
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2025-05-04 14:44
Record participation expected at Iran Oil Show 2025
TEHRAN - More than 2,000 Iranian and foreign companies are set to participate in the 29th International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2025) in Tehran—marking the highest number of participants in the history of the event.
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2025-05-04 14:44
Iran, Africa ink trade, investment deals in 4 key sectors
TEHRAN - The secretary of the Iran-Africa Economic Cooperation Summit said commercial and investment contracts were signed between African traders and Iranian business leaders in four key sectors—mining, agriculture, petrochemicals, and medical equipment—at the conclusion of the third Iran-Africa summit.
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2025-05-04 13:08
Annual sponge iron export increases 11%
TEHRAN- Iran’s export of sponge iron increased 11 percent in value, and 12 percent in volume in the past Iranian calendar year 1403 (ended on March 20), as compared to the previous year, the Iranian Steel Producers Association (ISPA) reported.
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2025-05-03 14:08
SEO aims for capital market to fund half of economy within 5 years
TEHRAN - The head of the Securities and Exchange Organization (SEO) said that the capital market’s share in the national financing system is going to increase to 50 percent over the next five years, positioning it as a key engine of economic activity, employment, and industrial growth.
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2025-05-03 14:06
Tehran, Ashgabat urge structural reforms to boost bilateral trade
TEHRAN - The deputy head of Iran's Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) called for the removal of key structural barriers—particularly in banking, transport, logistics, and visa issuance—to unlock the trade potential between Iran and Turkmenistan.
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2025-05-03 13:34
Iran’s annual petchem export expected to hit 34.8m tons by March 2026
TEHRAN – Iran’s annual export of the petrochemicals is anticipated to reach about 34.8 million tons in the current Iranian calendar year (ends on March 2026), according to the head of the National Petrochemical Company (NPC).
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2025-05-02 15:51
Iran, Kyrgyzstan seek banking, investment agreements to boost trade
TEHRAN - Iran and Kyrgyzstan must establish financial and banking agreements to unlock the full potential of bilateral trade, said Ghadir Ghiafeh, deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) during a meeting with his Kyrgyz counterpart Mamadsadek Bekirov.
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2025-05-02 14:54
Iran, Tajikistan hold industry talks on sidelines of Expo 2025
TEHRAN — Iran’s Minister of Industry, Mining and Trade Mohammad Atabak met with Tajikistan’s minister of industry and new technologies on the sidelines of Expo 2025 to discuss expanding industrial cooperation between the two countries.
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2025-05-02 14:47
Tehran, New Delhi focus on sanction-free trade in business talks
TEHRAN – Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Mahmoud Najafi Arab met with Indian Ambassador Rudra Gaurav Shresth to explore avenues for expanding economic ties between Iran and India, with both sides emphasizing the need to prioritize the exchange of non-sanctioned goods.
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2025-04-30 13:01
ICCIMA proposes joint working committee with UAE to boost re-export of Iranian goods
TEHRAN - Iran has proposed the formation of a joint working committee between its Chamber of Commerce and the UAE Chambers Confederation to capitalize on the re-export potential of Iranian products through the United Arab Emirates.
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2025-04-30 12:46
Iranian, Iraqi railways to form joint technical committee to accelerate cross-border projects
TEHRAN - Iran and Iraq are set to establish a joint technical committee to expedite shared railway projects and overcome operational barriers, the head of the Islamic Republic of Iran Railways said in a meeting with the strategic advisor to the Iraqi prime minister.
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2025-04-30 12:45
Tehran, Astana sign investment MOU for port terminal in Bandar Abbas
TEHRAN – Iran and Kazakhstan signed a memorandum of understanding (MOU) to invest in and develop a dedicated terminal and logistics center at Shahid Rajaee Port, the country’s largest commercial port on the Persian Gulf.
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2025-04-29 15:07
Iran, Kyrgyzstan map out new avenues for economic co-op
TEHRAN – Iran and Kyrgyzstan held the 14th meeting of their Joint Economic Committee in Tehran, aiming to expand bilateral ties across economic, scientific, cultural, and technical sectors.
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2025-04-29 14:55
Iran's March steel output rises 3.7% year-on-year: WSA
TEHRAN – Iran's crude steel production reached 3.3 million tons in March, marking a 3.7 percent year-on-year increase, according to the latest report by the World Steel Association. The rise coincided with a broader global uptick in steel output during the third month of 2025.
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2025-04-29 14:46
ECO chief, Iran’s budget organization head stress regional transit development
TEHRAN – The Secretary-General of the Economic Cooperation Organization (ECO) met with Iran’s Vice President to highlight Tehran’s role in promoting sustainable development, particularly in regional transport among ECO member states.
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2025-04-28 14:45
‘Iran, Uzbekistan private sectors co-op to continue at an accelerated pace’
TEHRAN- Iranian industry, mining and trade minister said that the cooperation between the private sectors of Iran and Uzbekistan will continue at an accelerated pace.
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2025/04/28
By Ebrahim Fallahi
Iran, Africa seek expansion of ties in a variety of areas
TEHRAN - Trade between Iran and Africa is experiencing significant growth, with both sides actively pursuing new opportunities in key sectors such as energy, industry, and agriculture. The Iranian government has emphasized its commitment to enhancing commercial relations with African nations, leveraging strategic initiatives aimed at boosting trade volumes.
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2025-04-28 13:54
Iran Expo 2025 kicks off in Tehran
TEHRAN – Iran Expo 2025, the seventh Exhibition of Export Capabilities of the Islamic Republic of Iran, officially opened on Monday in Tehran, with President Masoud Pezeshkian highlighting the country’s economic potential and welcoming foreign investment.
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2025-04-27 12:40
Co-op with Russia, Eurasia to accelerate Iran’s plans for becoming regional energy hub
TEHRAN - Iran has launched negotiations and practical steps to connect to Russia’s gas resources as part of a broader strategy to transform the country into a regional energy hub, the head of the National Iranian Gas Company (NIGC) said on Thursday.
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2025-04-27 12:40
3rd Iran-Africa economic cooperation summit kicks off in Tehran
TEHRAN - Iran’s Customs Administration announced that customs clearance procedures for direct transport, foreign transit, exports, and imports have resumed at Shahid Rajaee Port.
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2025-04-27 12:36
NDF signs €50m credit line deal with Kyrgyzstan
TEHRAN – Iran’s National Development Fund (NDF) signed a €50 million credit line agreement with Kyrgyzstan on Sunday.
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2025-04-26 14:58
National Housing Movement Plan enjoys 49.7% progress
TEHRAN- As announced by an official with Iran’s Ministry of Transport and Urban Development, the National Housing Movement Plan enjoys 49.7 percent progress at the moment.
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2025-04-26 14:50
South Pars gas platforms undergo major overhaul ahead of winter demand
TEHRAN — Iran has launched its annual overhaul of gas platforms at the South Pars field to ensure stable output during the high-demand winter months, a senior official said.
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2025-04-26 14:47
Iran, Russia ink MOU at end of Joint Economic Committee meeting
TEHRAN- Iran and Russia signed the MOU of their 18th joint economic committee meeting at the end of the meeting in Moscow on Friday.
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2025-04-25 15:40
Tehran, Bangkok push for closer trade ties via joint chamber, financial mechanisms
TEHRAN - Iran and Thailand are looking to strengthen bilateral trade through the establishment of a joint chamber of commerce and the creation of mutual financial mechanisms, officials from both countries said during a recent meeting in Tehran.
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2025-04-25 15:14
IMF forecasts economic improvement for Iran by 2026
TEHRAN - The International Monetary Fund (IMF) has projected a modest improvement in Iran’s economic outlook, with the country’s gross domestic product (GDP) expected to grow by 1.1 percent in 2026.
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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.