TEHRAN - The CEO of Imam Khomeini Airport City Company announced that the government aims to reduce its direct involvement in airport operations and instead rely on private sector capacity. So far, contracts worth nearly 400 trillion rials (approximately $8 billion USD) have been signed with private investors.

TEHRAN - First Vice President, Mohammad Reza Aref, has emphasized the importance of enhancing relations with China, stating that for the Islamic Republic of Iran, developing ties with neighboring and regional countries has evolved from a mere tactic into a strategic policy.

Gas production at the South Pars Gas Field increases five million cubic meters per day as a result of putting into operation three wells.

TEHRAN - Iran’s Civil Aviation Organization (CAO) has announced that McDonnell Douglas (MD) aircraft will be used for transporting pilgrims during the Arbaeen 1404 (2025) ceremonies, following the resolution of technical concerns raised by Iraqi authorities.

TEHRAN - The Minister of Industry, Mine, and Trade has emphasized the 14th administration’s strong commitment to international trade, stating that although previous governments had made efforts in this area, international trade agreements were not effectively implemented until now.

TEHRAN - According to a new report from the International Affairs Department of Iran’s Chamber of Commerce, trade between Iran and Switzerland grew by nearly 12% in 2024, reaching a total of $241 million. Despite the growth, the trade balance remains heavily in favor of Switzerland.

TEHRAN - Iran has taken a significant step toward deepening its economic ties with Iraq through the export of domestically-produced agricultural drones from the southwestern province of Khuzestan. The move, officials say, marks the beginning of a new era in regional economic diplomacy driven by technology and innovation.

TEHRAN - In a push to overhaul Iran’s foreign trade system, Seyed Taha-Hossein Madani, head of the Smart Governance Think Tank, has called for the immediate creation of a “Trade Atlas”—a strategic, data-driven initiative to strengthen the country’s economic defenses against international sanctions and market volatility.

TEHRAN - Minister of Agriculture, Gholamreza Nouri Ghezeljeh, has announced that Iran is now among the top five countries in the world in heavy livestock farming. He emphasized that the country’s dairy products are being utilized by internationally recognized companies, signaling a major milestone in the nation’s agricultural capabilities.

Khani said the efforts on the F.A.T.F. is not to prevent the hostility of the U.S. and Israel but to improve Iran’s economic situation and facilitate international trade and financial transactions.