News
2025-04-16
Creating Joint Free Zones with Neighboring Countries.
The Secretary of the Supreme Council for Free and Special Economic Zones stated: Studies and monitoring are underway to establish joint free zones with Turkey, Pakistan, Azerbaijan, and Turkmenistan.
2025-04-16
Over one million tourism destinations identified in Iran.
Iran’s Minister of Cultural Heritage, Tourism, and Handicrafts, Reza Salehi Amiri, announced the identification of more than one million tourist destinations across the country.
2025-04-16
South Korea Boosts Chip Industry Support in Face of US Trade Threats.
South Korea raised its support package for the domestic semiconductor industry to 33 trillion won ($23.25 billion) on Tuesday, aiming to shield key sectors from rising global competition and policy uncertainty in the United States.
2025-04-16
There are no prohibitions on Iran-US economic activity.
Amid the resumption of Iran-US talks, the Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) said there are no prohibitions on economic activity with the United States.
2025-04-16
Iran, Belarus set to enhance air transport ties with direct Tehran-Minsk flights Economy April 15, 2025 - 15:6 TEHRAN – Iran...
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.
2025-04-15
Bushehr Becomes a Commercial Hub for Qatar and Saudi Arabia.
The Deputy Chairman of the Coordination of Economic Affairs for the Governor of Bushehr stated: The Beginning of a New Chapter of Economic Cooperation in the Persian Gulf: Given recent geopolitical developments and the shift in focus from the security environment to economic cooperation...
2025-04-15
Iranian Agriculture Minister Departs for Brazil.
ranian Agriculture Minister Gholamreza Nouri Ghezeljeh, heading a delegation, traveled to Brazil to participate in the 15th BRICS Agriculture Ministers' Meeting and discuss crucial agricultural matters.
2025-04-15
Iran’s Shahid Rajaee Port Reports 3.9% Rise in Tanker Activity.
Shahid Rajaee Port in southern Iran has welcomed its first major bitumen tanker of the new Iranian year, as port officials report a 3.9% rise in tanker operations compared to the previous year.
2025-04-15
Iran Oil Show offers golden opportunity for intl. cooperation.
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...
2025-04-14
Establishment of a Joint Iran-Turkey Free Zone.
Secretary of the Supreme Council for Free and Special Economic Zones: The Secretary of the Supreme Council for Free Zones announced the formation of a special working group to resolve the issue of free zone plans that have been pending for 15 years and stated: "The establishment of a joint...
2025-04-14
Iran Welcomes the Presence of Foreign Investors.
Announcing a meeting with foreign ambassadors next week, the Oil Minister emphasized: Iran welcomes the presence of foreign countries, especially its neighbors, in its oil industry.
2025-04-14
Iran, OPEC Discuss Policies to Stabilize Global Oil Market.
The secretary general of OPEC and Iran’s envoy to the UN office in Vienna called for coordinated policies to rise to the challenges to the international oil market.
2025-04-13
The National Development Fund is gradually preparing for a $25 billion investment.
Chairman of the Board of Directors of the National Development Fund: He announced the fund's intention to invest approximately $25 billion in various economic sectors, specifying: "This investment will be made gradually and over time."
2025-04-13
Iran Expo is the best way to showcase export capabilities.
The Director General of the Preparation and Support Office of the Trade Development Organization of Iran stated: Referring to some significant challenges in foreign trade, he presented Iran Expo as the best way to showcase Iran's export capabilities.
2025-04-13
Iran exports value top $2 billion to EAEU in 2024.
Islamic Republic of Iran Customs Administration (IRICA) has said that Iran exported more than $2 billion worth of non-oil products to Eurasian Economic Union (EAEU) in the previous Iranian calendar year (ended March 20, 2025).
2025-04-13
Iran exports value top $2 billion to EAEU in 2024.
In this period, Iran’s exports to the member states of the union exceeded $2 billion, showing a 20 percent growth compared to the same period last year. Iran exported 5.59 million tons of non-oil goods to the EAEU member states, registering a 21 percent growth compared to the last year’s...
2025-04-13
Annual bank lending in Iran rises 32.9%.
Iran’s banking system disbursed 76.6 quadrillion rials ($153.3 billion) in loans during the Iranian year ending March 2025, marking a 32.9 percent increase compared to the previous year, according to the Central Bank of Iran (CBI).
2025-04-12
Iran's non-oil trade with 15 neighboring countries increases by 21% / Iran's trade with Saudi Arabia is expected to...
Deputy Minister of Economy and Director General of Iranian Customs: Iran's non-oil trade with 15 neighboring countries reached $74.317 billion in 2024, with a growth of 21%, with Saudi Arabia accounting for the highest growth among neighboring countries.
2025-04-12
Dismantling of the water transmission line to Kerman.
The project to transfer drinking water to Kerman from the industrial line (Persian Gulf transmission line), 10 kilometers from the city, has been stalled for several months due to lack of funding. In the latest development, the Governor of Kerman, in consultation with the Minister of Energy, has...
2025-04-12
Iran, Azerbaijan to Sign Transportation Deal During Presidential Visit.
Iran and the Republic of Azerbaijan are going to sign an agreement on transportation and customs affairs during a visit that Iranian President Masoud Pezeshkian will pay to Baku, the Iranian minister of Roads and Urban Development announced.
2025-04-12
100 Tons of Gold Imported to Iran in One Year.
Iran imported a total of 100 metric tons of gold during the past Persian year, valued at $8 billion.
2025-04-12
Iran to finish key rail link to Oman Sea until March.
Iran’s transportation ministry says the construction of a key railway linking the country’s eastern border regions to the Sea of Oman, where Iran’s only Ocean port is located, will finish by late March 2026.
2025-04-12
Annual non-oil trade with neighbors rises 21% to over $74b.
Iran's non-oil trade with 15 neighboring countries grew 21 percent in the Iranian year 1403 (ended March 20, 2025), reaching $74.3 billion, according to the Islamic Republic of Iran Customs Administration (IRICA).
2025-04-09
Iran gains $1.3 billion from its gold import spree.
Iran has stood to benefit from its gold import spree last year as bullion prices have risen to historic records, a report shows.
2025-04-09
Tehran, Baku discuss expansion of economic, transport, energy ties.
Iran’s Transport and Urban Development Minister Farzaneh Sadegh, who also chairs the Iran-Azerbaijan Joint Economic Committee, met with Azerbaijani President Ilham Aliyev in Baku to discuss bilateral ties and economic cooperation.
2025-04-08
Iran-China annual non-oil trade stands at $34.1b.
The value of non-oil trade between Iran and China stood at $34.1 billion 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).
2025-04-07
Trade Figures Show Big Rise in Iranian Exports to the Americas.
According to statistics released by the Trade Promotion Organization of Iran, the country’s yearly exports to the Americas have significantly increased.
2025-04-07
Iran’s foreign trade hits $130 billion in 2024.
Iran’s foreign trade reached $130 billion in the previous Iranian calendar year (March 21, 2024 to March 20, 2025).
2025-04-07
Iran-Eurasia trade grows 2.2-fold as focus shifts to corridor transport, infrastructure.
Trade between Iran and member states of the Eurasian Economic Union (EAEU) has expanded 2.2 times since the implementation of a preferential trade agreement in November 2019, according to Mirhadi Seyyedi, advisor on international affairs and trade agreements at Iran’s Trade Promotion Organization...
2025-04-06
Top Iranian Authorities Arrange to Fulfill ‘Investment for Production’ Goals.
The heads of the three branches of power in Iran coordinated plans to pursue the goal of economic growth after Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei chose "Investments for Production” as the slogan for the Persian year 1404.
2025-04-06
Iran's oil exports to China in March hit new record high.
Despite sanctions on several tankers transporting Iranian oil to Chinese ports, a Western research body has reported that Iran’s oil exports to China reached 1.91 million barrels per day in March.
2025-04-06
China Urges US to Engage in Dialogue As Global Markets Sink after New Tariffs.
China’s Foreign Ministry on Saturday urged the United States to resolve trade tensions through “equal-footed consultation,” following a global market selloff triggered by sweeping new tariffs announced by Washington.
2025-04-06
Iran-EAEU trade doubles, says TPOI official.
Adviser to the Trade Promotion Organization of Iran (TPOI) Mirhadi Seyedi has said that the volume of trade exchanges between Iran and the Eurasian Economic Union (EAEU) has registered a 2.2-fold growth.
2025-04-06
Drilling of 100 oil, gas wells completed in a year.
National Iranian Drilling Company (NIDC) completed the drilling and finalization of 100 oil and gas wells across onshore and offshore fields in the Iranian calendar year 1403 (ended on March 20), the company’s head said, bringing the total number of wells drilled since its inception to 5,154.