News
2025-04-30
Court upholds verdict favoring Iranian banks in Bahrain.
The Hague Court of Appeal has upheld a verdict issued by the Permanent Court of Arbitration (PCA) ordering the Kingdom of Bahrain to pay more than 214 million euros in damages to two Iranian banks.
2025-04-30
Iran, Kyrgyzstan map out new avenues for economic co-op.
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.
2025-04-29
Iran and Azerbaijan sign an agreement to develop communications corridors and data transmission.
Signed simultaneously with the President's visit to Baku. Concurrently with the President's visit to Baku and the presence of Seyyed Sattar Hashemi, Minister of Communications, as part of the high-level delegation accompanying Massoud Pezzekian, the Islamic Republic of Iran and the...
2025-04-29
Iran's global trade reaches $130 billion, an 11% increase.
The Minister of Industry, Mines, and Trade stated: Iran's trade volume with the world has reached $130 billion, an 11% increase.
2025-04-29
Iran, Kyrgyzstan trade volume enhancement feasible.
"It is possible to increase the volume of economic exchanges between Iran and Kyrgyzstan," according to Iran's First Vice President Mohammadreza Aref on Monday.
2025-04-29
Peace Possible through Trade, Iran’s President Says.
Trade, investment and constrictive interaction among the countries, coupled with respect for the rights of nations, will pave the way for peace and security, Iranian President Masoud Pezeshkian said.
2025-04-29
Iran mulls buying oil from Azerbaijan amid warming ties.
A report shows Iran may start importing sizable amounts of oil from Azerbaijan as part of efforts to strengthen economic and political relations with its northern neighbor.
2025-04-29
Iran Expo 2025 kicks off in 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.
2025-04-28
Allocation of a $2 billion credit line for the purchase of goods from Africa.
The Deputy Minister of Foreign Affairs and Director General of the Iranian Trade Development Organization announced at the Iran-Africa Cooperation Summit the allocation of a $2 billion credit line for the purchase of goods from Africa, in accordance with one of the summit's resolutions.
2025-04-28
Iran Willing to Share Experiences with Africa.
Iranian President Masoud Pezeshkian expressed optimism about enhanced cooperation with Africa, saying Iran is ready to share its achievements and capabilities with African nations.
2025-04-28
Tajik minister arrives in Tehran for Iran EXPO 2025.
The Minister of Industry and New Technologies of the Republic of Tajikistan Sherali Kabir has arrived in Tehran to attend the Iran EXPO 2025 and hold meetings with Iranian officials.
2025-04-28
3rd Iran-Africa economic cooperation summit kicks off in Tehran.
Iran’s Customs Administration announced that customs clearance procedures for direct transport, foreign transit, exports, and imports have resumed at Shahid Rajaee Port.
2025-04-27
Iran, Russia ink MOU at end of Joint Economic Committee meeting.
Iran and Russia signed the MOU of their 18th joint economic committee meeting at the end of the meeting in Moscow on Friday.
2025-04-26
Revival of Iranian Economic Diplomacy in the South Caucasus.
Vice President of the Iran-Azerbaijan Joint Chamber: In a note, he highlighted the importance of the Iranian President's visit to Azerbaijan and noted the complementary capabilities of the two countries in trade, transit, energy, and regional cooperation.
2025-04-26
The Possibility of Developing Trade Relations with the Continent of Opportunities.
Trade with Africa can be attractive to Iran in several ways, as it offers the possibility of reducing the country's dependence on traditional markets by diversifying its trading partners and opening new markets for its development.
2025-04-26
Iran’s annual dairy exports double to nearly $1 billion.
Iran’s dairy exports nearly doubled in the past calendar year to reach around $1 billion, according to figures released by an industry union.
2025-04-26
Figures Show Dramatic Rise in Iranian Petrochemical Exports to Russia.
The exports of Iranian petrochemical products to Russia have increased considerably over the past few years, CEO of the National Petrochemical Company of Iran said.
2025-04-26
Russia-Iran trade turnover grows by 16.2% in 2024 to $4.8 bn.
Trade turnover between Russia and Iran increased by 16.2% in 2024 to $4.8 billion, Russian Energy Minister Sergey Tsivilyov said.
2025-04-26
Iran, Russia discuss bolstering INSTC, trade, energy co-op.
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...
2025-04-23
Russia-Pakistan Train Begins Transiting Through the Iranian Rail Corridor.
The Deputy Minister of Roads and Urban Development announced: The rail freight capacity between Belarus and Russia is unlimited and will reach 10 to 15 million tons. It is expected that 300,000 tons of freight will be transported on this line this year.
2025-04-23
Uzbekistan Eyes Investment in Iran’s Shahid Rajaee Port Logistics.
A high-level delegation from Uzbekistan’s Ministry of Transport visited Shahid Rajaee Port to explore potential investment opportunities in port logistics and bilateral transit cooperation.
2025-04-23
Iran pistachio exports up 40% in 2nd half of 2024.
The deputy head of the Board of Trustees of Iran Pistachio Association has announced that the country’s pistachio exports registered a 4% growth in the second half of the previous Iranian calendar year (ended March 20, 2025).
2025-04-23
Iran seeks closer agricultural ties with BRICS members.
Iran's Agriculture Minister said the country’s relations with BRICS members are set to deepen, following Tehran’s active participation in the 15th BRICS Agriculture Ministers Meeting, IRIB reported.
2025-04-22
Iran Expo: The Most Important Event in the Field of Economic Diplomacy.
The Foreign Service spokesperson stated regarding the seventh edition of Iran Expo: The Islamic Republic of Iran Export Capabilities Exhibition will be held from April 28 to May 12. It is the most important event in the field of Iranian economic diplomacy held annually.
2025-04-22
Iran to increase nuts, caviar exports to Brazil.
Iran’s Minister of Agriculture Gholamreza Nouri Ghezeljeh has said that the export volume of caviar, dried nuts, kiwi fruit, pomegranate, and apple will increase to Brazil.
2025-04-22
Tehran to host 7th Iran Expo with over 2,000 foreign traders in attendance.
The 7th edition of the Iran Export Capabilities Exhibition (Iran Expo 2025) will be held in Tehran from April 27 to May 1, showcasing the country’s export potential to a global audience.
2025-04-21
The presence of 30 chamber leaders at Expo 2025.
Head of Iran Expo Headquarters, Iranian Chamber of Commerce, Industry, Mines and Agriculture: Ali Shagravand, speaking about the importance of this exhibition event, announced the presence of more than 30 chamber leaders from different countries.
2025-04-21
Approval of $7 billion in foreign investment at the first meeting of the Investment Council in 1404 (solar)AH.
At the first meeting of the Investment Council in 1404 (solar), 80 foreign investment applications worth $7 billion in various economic sectors, including agriculture, renewable energy, the automotive industry, and tourism, from numerous countries, were reviewed and approved.
2025-04-21
Iran signs $750m investment deals in rail transport sector.
Iran on Sunday signed investment memoranda worth $750 million in the country’s rail transport sector, in the presence of the Minister of Transport and Urban Development, the head of the Islamic Republic of Iran Railways (RAI), private investors, and industry stakeholders.
2025-04-21
Imam Khomeini Port records 48M ton Cargo Throughput.
Imam Khomeini Port, located in the southwest of Iran, reported a total cargo throughput of over 48 million tons in the last Iranian fiscal year (ending March 2025), marking a 1% year-on-year growth, according to port authorities.
2025-04-21
Iran’s railroad sector attracts huge investment.
The Iranian private sector on Sunday concluded two agreements with the administration on a significant investment in the country’s railroad infrastructures and transportation.
2025-04-20
Iran's Share Increase in the World Bank and the International Monetary Fund Finalized.
The approval of Iran's increased stake in the World Bank and the International Monetary Fund will pave the way for strengthening the country's economic position in global financial institutions. This step, according to experts, is necessary to maintain Iran's influence in major...
2025-04-20
Iran, India set to expand agricultural trade ties beyond $1b.
Iran and India are poised to enhance their agricultural trade volume beyond the current $1.0 billion, as announced by Iran’s Agriculture Minister Gholamreza Nouri Ghezeljeh following a meeting with India's Agriculture Minister Shivraj Singh Chouhan during the BRICS agriculture ministers’...
2025-04-20
Iran exports $5.2 billion worth of agri. products in one yea.
The Islamic Republic of Iran Customs Administration (IRICA) has announced that the country exported $5.2 billion worth of agricultural products in the previous Iranian calendar year (ended March 20, 2025).