Economy

Petchem projects under 7th development plan near 60% completion

TEHRAN – Petrochemical projects under Iran’s Seventh National Development Plan are about 60 percent complete, with all first-year targets for the sector achieved in 2024, the head of the National Petrochemical Company (NPC) said.
Iran's exports to China rise 3% in November

TEHRAN – Iran’s exports to China rose three percent in November 2025, even as total bilateral trade between the two countries declined in the first 11 months of the year, according to data released by China’s customs authority.
Loading, unloading of basic goods increase at ports

TEHRAN – Handling of basic commodities at Iran’s ports rose 12.4 percent year on year in the eighth Iranian calendar month of Aban (late October-late November), according to data released by the Ports and Maritime Organization.

Loading, unloading of basic goods increase at ports

TEHRAN – Handling of basic commodities at Iran’s ports rose 12.4 percent year on year in the eighth Iranian calendar month of Aban (late October-late November), according to data released by the Ports and Maritime Organization.
Inflation rate rises 1.8%

TEHRAN - The Statistical Center of Iran (SCI) has put the average inflation rate in the twelve-month period ended on November 21, which marks the end of the ninth Iranian calendar month Azar, at 42.2 percent, rising 1.8 percent from the figure for the twelve-month ended to the seventh month.
Petchem projects under 7th development plan near 60% completion

TEHRAN – Petrochemical projects under Iran’s Seventh National Development Plan are about 60 percent complete, with all first-year targets for the sector achieved in 2024, the head of the National Petrochemical Company (NPC) said.
Iran's exports to China rise 3% in November

TEHRAN – Iran’s exports to China rose three percent in November 2025, even as total bilateral trade between the two countries declined in the first 11 months of the year, according to data released by China’s customs authority.
‘Iran's free trade agreement with Eurasia, key step to neutralize sanctions’

TEHRAN- The representative of Tehran in the parliament, emphasizing the role of the Fourth International Eurasia Expo in expanding regional cooperation, described Iran's free trade agreement with the Eurasian Economic Union (EAEU) as a vital strategy for circumventing sanctions.
Foreign minister urges export reforms at Isfahan business forum

TEHRAN – Iran’s foreign minister called for removing domestic barriers to exports and improving trade infrastructure at a meeting with private sector representatives in Isfahan, highlighting the province’s economic capacity as a driver of the country’s economic diplomacy.
Iran, Azerbaijan agree to boost truck traffic at Astara border

TEHRAN – Iran and Azerbaijan have agreed to increase daily truck movements at the Astara border crossing to between 350 and 400 vehicles, aiming to ease congestion and facilitate exports and transit flows, Iranian officials said.
Iran–EU trade reaches €3.1b in 10 months

TEHRAN – Trade between Iran and the 27-member European Union reached €3.102 billion in the first 10 months of 2025, according to the latest data released by Eurostat, underscoring the resilience of limited commercial ties despite longstanding sanctions and political tensions.
PMO signs $400m deals with private sector, minister says

TEHRAN – Iran’s Ports and Maritime Organization (PMO) has signed new contracts and memoranda of understanding with the private sector worth more than 200 trillion rials ($400 million), the minister of Transport and Urban Development said.
Non-oil export from Ardebil province increases 39%

TEHRAN- The director-general of the Ardebil Province Customs announced: “The value of non-oil goods exported from the province was $173 million during the first eight months of the current Iranian calendar year (March 21-Novemebr 21), which represents a 39-percent increase compared to the same period last year. Additionally, the export of industrial products is on the rise compared to agricultural products.”