TEHRAN - Minister of Roads and Urban Development has called on Iraq to expedite the construction of the long-delayed Shalamcheh–Basra railway project by promptly handing over the demined land along the route.

TEHRAN - Prominent Iranian economist and researcher in the philosophy and epistemology of economic science, Mousa Ghaninejad, stated that the most significant problem plaguing Iran's economy is its centrally controlled, command-style structure. He asserted that both the financial and real sectors of the Iranian economy suffer due to misguided policymaking.

TEHRAN - President Masoud Pezeshkian announced that the government is actively working on detailed plans to transition from gas to electricity for heating purposes, emphasizing that strategic and operational efforts are underway across multiple sectors.

TEHRAN - Iran and China are set to deepen their cooperation in the agricultural sector, focusing on the exchange of knowledge, experiences, and technology.

TEHRAN - The Governor of the Central Bank of Iran stressed the critical role of financial exchanges in achieving economic development and announced new initiatives aimed at expanding monetary ties with Eastern countries, selling foreign currency bonds, and reforming the nation's credit system.

TEHRAN - The Governor of the Central Bank of Iran (CBI), Mohammad Reza Farzin, announced that the Islamic Republic is preparing to issue foreign currency-denominated sukuk bonds in Oman as part of President Masoud Pezeshkian’s upcoming diplomatic trip to the Persian Gulf country.

TEHRAN - During a high-level trade delegation to Russia, Samad Hasanzadeh, President of the Iran Chamber of Commerce, Industries, Mines and Agriculture, announced that key infrastructure is being developed to issue certificates of origin for free trade with the Eurasian Economic Union (EAEU). This move is part of a broader strategy to boost bilateral trade between Iran and Russia, with an ambitious target of reaching $10 billion in trade over the next decade.

TEHRAN - Minister of Roads and Urban Development, Farzaneh Sadegh, proposed the creation of a three-year roadmap to boost trade between Tehran and Ashgabat to $3 billion by 2028.

TEHRAN - In a recent meeting held in Tehran, the President of the Shiraz Chamber of Commerce, Mohammad Sadegh Hamidian, met with Germany’s Ambassador to Iran, Markus Potzel, and emphasized the vast economic, cultural, and healthcare potential of Fars Province, calling for expanded private-sector cooperation between Iran and Germany.

TEHRAN - The CEO of the Islamic Republic of Iran Shipping Lines (IRISL), Mohammad Reza Modarres Khiabani, announced that the company transported 27 million tons of various goods over the past year, emphasizing the company's frontline role in facing international sanctions.