TEHRAN - The northern Iranian province of Gilan is set to play a central role in deepening economic relations between Iran and Russia under the framework of the recently implemented Comprehensive Strategic Cooperation Agreement between the two countries, senior Iranian and Russian officials said at a joint business meeting in Rasht.

TEHRAN - Iranian businesses can expand in African markets despite Western sanctions if they combine market knowledge with flexible financing, according to Masoud Barhaman, head of the Iran–Africa Joint Chamber of Commerce.

TEHRAN - Iran and Turkey must revise trade tariffs to unlock the full potential of bilateral commerce, a senior Iranian business leader said during a meeting with Turkish commercial attachés in Tehran.

TEHRAN - The head of Iran’s Power Generation, Transmission and Distribution Company (Tavanir) announced that electricity exports to Afghanistan and Pakistan have resumed following a decline in domestic demand.

TEHRAN - The governor of Iran’s Central Bank has rejected the recent surge in the dollar’s value in the free market as the result of “fear” propagated by hostile actors, rather than reflecting the real market rate of the national currency.

TEHRAN - The Economic Cooperation Organization (ECO), home to over half a billion people and rich in energy and mineral resources, currently accounts for less than 5% of global trade, with intra-regional trade comprising only 8% of member states’ total exchanges. In an exclusive interview with Tasnim News Agency, ECO Secretary-General Asad Majeed Khan revealed that the organization is developing a Strategic Vision 2035 aimed at reducing customs barriers, enhancing connectivity, and potentially introducing a common currency to strengthen economic cooperation.

TEHRAN - A virtual meeting between Iran’s Minister of Roads and Urban Development and Uzbekistan’s Minister of Transport was held on Monday, focusing on increasing bilateral transit volume and maintaining the mutual removal of the $400 road toll.

TEHRAN - Iran’s push toward smart taxation has positioned the country as a leading provider of tax administration expertise within the BRICS group, according to Seyed Mohammad Hadi Sobhanian, head of Iran’s National Tax Administration (INTA).

TEHRAN - The Research Center of the Iran Chamber of Commerce has released a report highlighting export opportunities in Uganda, identifying six key sectors for Iranian businesses and outlining four practical recommendations to expand trade with the East African country.

TEHRAN - The President of Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), Samad Hassanzadeh, has called for a shift in the country’s economic policy toward a more outward-looking approach, urging a reassessment of the government’s view of the private sector’s role in international markets.