TEHRAN - Iran’s mining sector is poised to become a cornerstone for strengthening economic relations with Uzbekistan, according to Mohammad Aghajanlou, head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). Speaking at a meeting with Shakhrokh Gholamov, Uzbekistan’s Deputy Minister of Investment, Industry, and Trade, Aghajanlou highlighted the potential for collaboration in mining and mineral industries to drive bilateral ties.

TEHRAN - In a recent meeting of the Iran Chamber of Commerce’s Commission for Engineering and Construction Services, experts emphasized the high potential for economic cooperation between Iran and the Republic of Azerbaijan. The discussion focused on boosting Iran’s technical and engineering service exports and preparing the private sector for participation in international projects.

TEHRAN - Iran’s private sector is prepared to deepen economic ties with Uzbekistan through joint investments, particularly in the textile and garment sectors, according to Samad Hassanzadeh, President of Iran’s Chamber of Commerce, Industries, Mines, and Agriculture.

TEHRAN - The head of Iran’s Trade Promotion Organization (TPO), Mohammad Ali Dehghan Dehnavi, has stated that inconsistent and excessive regulations are placing a heavier burden on Iranian traders than international sanctions.

TEHRAN - Iran’s Minister of Agriculture, Jihad Gholamreza Nouri, has proposed the creation of a “Union of Agricultural Research Institutions” and a “Union of Vaccine Production Institutes” within the BRICS framework during the 15th Meeting of BRICS Agriculture Ministers held in Brasília, Brazil.

TEHRAN - Iran’s economy wrapped up the fiscal year 1403 (ending March 2025) in a state of recession, dashing hopes of a seasonal rebound typically seen in the lead-up to the Persian New Year. According to the latest Purchasing Managers’ Index (PMI) data released by the Iran Chamber of Commerce’s Research Center, economic activity declined for the fourth consecutive month in March (Esfand), with major business indicators signaling a deeper contraction.

TEHRAN - Iran is currently facing serious water stress, but national food security will not be compromised if the country continues to implement its comprehensive water roadmap, said Isa Bozorgzadeh, spokesperson for the country’s water industry.

TEHRAN - In a high-level meeting held in Tehran, the President of Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) emphasized the private sector’s readiness to participate in Armenia’s infrastructure development projects. The discussion, held with Armenia’s Ambassador to Iran, also focused on strategies to elevate bilateral trade volume to $3 billion, with the active engagement of both nations' chambers of commerce.

TEHRAN - In a move that could significantly boost Iran’s trade presence in the Persian Gulf region, a senior member of Iran’s Chamber of Commerce announced plans for Bushehr and Dayyer ports to become central export hubs for trade with Arab countries, particularly Saudi Arabia and Qatar.

TEHRAN - Iran is moving forward with plans to establish joint free trade zones with neighboring countries, with Turkey being the top priority, according to Reza Masroor, Secretary of Iran’s Supreme Council of Free and Special Economic Zones. The move is part of a broader strategy to attract investment and boost regional economic integration.