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.

TEHRAN - Iran’s agriculture sector is facing an alarming crisis in the supply and distribution of pesticides, raising fears of an imminent disaster, the head of the Iranian Association of Pesticide and Fertilizer Importers has warned.

TEHRAN - The head of the Food Industry Commission of Iran’s Chamber of Commerce says some Iranian products reach the U.S. market through indirect channels, adding that the government’s quota-based policies for basic commodities have failed.

TEHRAN - Minister of Agriculture Jihad, Gholamreza Nouri-Qazaljeh, announced that the country’s agricultural exports have increased by 33% over the past year, attributing the growth to the policies of the 14th government and the tireless efforts of farmers, producers, and exporters.

TEHRAN - The 28th International Exhibition of Electronics, Computers, and E-Commerce (ELECOMP) opened today, Thursday, at the Tehran International Permanent Fairground and will continue through Sunday.