TEHRAN - Iran will soon launch Foreign Investment Promotion Agencies across the country to streamline investment procedures and improve services for international investors, according to Mehdi Heidari, Acting Head of the Organization for Investment, Economic, and Technical Assistance of Iran (OIETAI).

TEHRAN - In a recent meeting between Iranian and Chinese business representatives, a proposal was made to establish a smart industrial township in Tehran as part of a broader plan to strengthen economic cooperation between the two countries.

TEHRAN - The Iran–Turkmenistan Joint Chamber of Commerce announced that the Exhibition of Iran’s Export Capabilities will be held in Turkmenistan’s Balkan Province from November 19 to 22. The event aims to boost bilateral trade toward the target of $3 billion over the next three years.

TEHRAN - Mokhmoud Najafi-Arab, President of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), called for encouraging Chinese investors to engage more actively in Iran’s economy. Speaking at a joint meeting in Shanghai with Iranian business representatives based in eastern China, Najafi-Arab emphasized that Iran offers major opportunities for foreign and diaspora investment, particularly from China.

TEHRAN - The Iran Trade Development Center in Shanghai officially opened its doors this week, marking a new chapter in Iran-China economic cooperation. The inauguration ceremony was attended by Mahmoud Najafi Arab, President of the Tehran Chamber of Commerce, and Fereydoun Verdi-Nejad, the Chamber’s Secretary-General. Also present were Alaeddin Boroujerdi, former Iranian ambassador to China and head of the Iran-China Friendship Group, Ali Mohammadi, Iran’s Consul General in Shanghai, along with a group of Iranian and Chinese business leaders.

TEHRAN - At the meeting held to discuss opportunities for commercial cooperation between Isfahan and Iraq, the economic and industrial capacities of Isfahan Province and the potential for collaboration with Iraq’s private sector were examined.

TEHRAN - Iran’s Ministry of Information and Communications Technology (ICT) has unveiled plans to launch an Artificial Intelligence (AI) Investment Consortium aimed at creating a sustainable national AI ecosystem and establishing two major AI operators.

TEHRAN - The Managing Director of the Pars Oil and Gas Company (POGC) announced that daily gas extraction from the South Pars joint gas field has reached 718 million cubic meters, marking a 25-million-cubic-meter increase in production capacity over the past year.

TEHRAN - In a meeting between the Ambassador of the Republic of Armenia in Tehran and the President of the Isfahan Chamber of Commerce, the two sides explored new avenues for economic, cultural, and tourism cooperation, emphasizing the deep historical and cultural ties between their peoples as a foundation for expanding joint investment and trade.

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.