TEHRAN - A deputy head of the Iran Fisheries Organization said negotiations are underway with Mauritius and Madagascar to allow Iranian fishermen to operate in their fishing grounds, adding that several Iranian fishermen have recently been released from prisons in India.

TEHRAN - The head of the Iranian–Foreign Joint Investment Association said cooperation with the Iran Financial Center, the World Business Organization, and several Iran–Vietnam and ASEAN joint chambers of commerce, with a focus on joint Iranian–foreign investment, is on the agenda.

TEHRAN - The Minister of Roads and Urban Development said the development of transport corridors is at the top of the ministry’s priorities, noting that, in cooperation with the Ministry of Foreign Affairs, operationalizing projects and fostering rapprochement in the transport sector with neighboring countries are embedded in all work plans.

TEHRAN - The head of the Arak Chamber of Commerce has stressed that Iran’s private sector must assume greater responsibility and move beyond day-to-day concerns, highlighting the need to establish a permanent trade hub for Iranian businesses in Uzbekistan.

TEHRAN - Iran’s exports to India reached $844 million in the first eight months of the Iranian year 1404, according to the Director General of the Office for East Asia, Oceania, and the Indian Subcontinent.

TEHRAN - Iranian trade officials and private-sector representatives have underscored the importance of branding, market knowledge, and strategic planning as key pillars for Iran’s entry into India’s vast and fast-growing market, during the second conference on “Understanding the Market and Trade Opportunities with India.” The event was hosted by the Iran Trade Promotion Organization (TPO) and focused on analyzing Iran–India economic relations, identifying trade and investment opportunities for 2026, and introducing major Indian trade exhibitions, including the Gujarat Trade Fair and petrochemical and chemical industry exhibitions.

TEHRAN - At a meeting of the Export Development Commission of the Iran Chamber of Commerce, officials and private-sector representatives stressed the need to establish an active global network of Iranian businesspeople and to formally include private-sector representatives in the economic working groups of the Ministry of Foreign Affairs.

TEHRAN - The acting head of Iran Air (Homa) said that two aircraft recently purchased by the national carrier have been detained, significantly limiting the airline’s operational capacity.

TEHRAN - The Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said Kazakhstan produces more than 20 million tons of wheat annually, around 13 million tons of which is surplus, noting that Iran could generate significant value-added by purchasing this excess wheat, processing it into flour, and exporting it to third countries.

TEHRAN - Iran’s Purchasing Managers’ Index (PMI), known locally as Shamakh, declined to 46.6 in Aban (October–November), signaling that the country’s economy remained in contraction for the 20th consecutive month, according to the latest report by the Research Center of the Iran Chamber of Commerce.