TEHRAN - After two decades, Iran and Uzbekistan have signed an agreement to eliminate the $400 entry and transit fee for Iranian fleets entering Uzbekistan. This significant step is expected to reduce export and transit costs while strengthening economic cooperation between the two nations.

TEHRAN - Iran's Minister of Communications and Information Technology has emphasized the necessity of strengthening cooperation between Iran and Iraq to provide a high-quality communication network for Arbaeen pilgrims.

TEHRAN - The First Vice President of Iran has emphasized the government's role in facilitating private sector activities and ensuring the security of investments for both domestic investors and Iranians abroad. He reiterated that Iranian embassies are obligated to protect the rights of all Iranians, regardless of their political affiliations, and that the government remains committed to addressing their concerns, especially legal issues.

TEHRAN - In a recent development, the Turkish government has lifted the heavy fuel tariffs imposed on Iranian truck drivers, and the mandatory "full-tank" requirement for Turkish drivers in Iran has also been revoked.

TEHRAN - Amin Taraf, head of the International Affairs Center at the Ministry of Roads and Urban Development, provided updates on Russia’s cooperation in constructing the Rasht-Astara railway project. He addressed the delays in finalizing the contract, determining costs, and initiating the disbursement of the Russian loan.

TEHRAN - Iran and Venezuela continue to strengthen economic ties, particularly in the automotive and technology sectors, despite challenges in private-sector cooperation and economic constraints. According to Amir Mehrpourian, head of the Iran-Venezuela Joint Trade Committee, Iranian state-owned enterprises dominate trade relations, as the Venezuelan government prefers dealing with state-backed entities due to its military-controlled administration.

TEHRAN - The Turkish Minister of Trade has emphasized the expansion of relations and cooperation between the Islamic Republic of Iran and Turkey.

Iranian Minister of Roads and Urban Development Farzaneh Sadegh is in Turkiye to hold talks with senior officials and review the previously signed agreements between the two countries.

Iran has started a major project to develop oilfields at one of the country’s old reservoirs that is shared with neighboring Iraq.

TEHRAN - Jamal Razaghi Jahromi, the head of the Iran-Oman Joint Chamber of Commerce, spoke to ILNA about the outcomes of the recent visit by the Minister of Industry, Mine, and Trade to Muscat. He stated that despite a strong political relationship between Iran and Oman over the past 70 years, trade between the two countries has not developed in parallel with political ties. Although trade value has grown by 42% to 60% annually over the past three years, the initial trade volume was minimal. The goal of reaching $5 billion in trade with Oman by 2024, as envisioned by the joint chamber, has not been achieved. It is now optimistically estimated that trade between the two countries will reach between $3 billion and $3.5 billion by the end of the year.