TEHRAN - Majidreza Hariri, President of the Iran-China Chamber of Commerce, Industries, Mines, and Agriculture, says political infighting and mismanagement are greater obstacles to Iran’s economy than international sanctions. He emphasized that if policymakers focus on improving citizens’ livelihoods, the impact of sanctions will be significantly reduced.

TEHRAN — The 19th International Exhibition of Mining, Mineral Industries, Mining Machinery, Road Construction, and Related Industries (Iran ConMine 2025) officially opened at Tehran’s Permanent International Fairground, bringing together senior managers, policymakers, and domestic and foreign investors in the mining and mineral industries sector.

TEHRAN – In a high-level meeting between senior Iranian and Chinese officials, both nations reaffirmed their long-standing strategic and friendly relations and underscored the importance of establishing a Joint Cooperative Committee to enhance bilateral cooperation in key sectors including agriculture, mining, petrochemicals, and joint investments.

TEHRAN - The acting Deputy for Commercial Services at Iran’s Trade Promotion Organization (TPO) has emphasized the importance of boosting exports from Khuzestan Province to Kuwait, describing the neighboring country as a key trade partner with strong potential for expansion.

TEHRAN – Oil Minister, Mohsen Paknejad, announced that the country’s gas flaring recovery capacity will rise by approximately 295 million cubic feet per day (mcf/d) by the end of the Iranian calendar year 1405 (March 2027), following the signing of 12 new contracts aimed at capturing associated petroleum gas.

TEHRAN - The head of the Iran–France Joint Chamber of Commerce has stated that France’s internal political instability has had a greater negative impact on trade between the two countries than international sanctions.

TEHRAN - Minister of Economic Affairs and Finance, Seyed Ali Madanizadeh, has called on the heads of the country’s free trade and industrial zones to “think big,” urging them to attract $10 billion in investment within the next three years in each zone.

TEHRAN - Iran and Oman are on track to achieve an unprecedented level of bilateral trade by the end of the current Iranian year (March 2026), with forecasts suggesting that total exchanges between the two nations could exceed $2.5 billion, according to the Iran–Oman Joint Chamber of Commerce.

TEHRAN - The 27th Iranian Steel Industry Conference officially began on Tuesday on Kish Island, bringing together leading producers, researchers, experts, and industrialists from across the country to discuss the future of Iran’s steel sector.

TEHRAN - The Governor of Sistan and Baluchestan, Mansour Bijar, announced that the Chabahar–Zahedan railway project is nearing completion and will be operational by the end of the year, marking a major step toward strengthening trade and transit infrastructure in southeastern Iran.