Iran’s economy grew by 1.4% in two months
Iran’s economy grew by 1.4% in the first two months of the current Iranian calendar year, according to a report by the Parliament Research Center.
Iran’s Trade Surplus with Pakistan Grows
TEHRAN - ran currently enjoys a favorable trade balance with Pakistan, exporting goods at a rate 3.5 times greater than its imports from the neighboring country, according to Iranian trade officials. The deepening of economic ties is expected to be a major topic during President Masoud Pezeshkian's official visit to Islamabad, his first bilateral foreign trip since Israel’s recent 12-day military campaign against Iran.
Iran Sets $2b Agricultural Trade Target With China
TEHRAN - Minister of Agriculture, Gholamreza Nouri Ghezeljeh, announced a $2 billion target for expanding agricultural trade between Iran and China, on the sidelines of the 10th Meeting of Agriculture Ministers of Shanghai Cooperation Organization (SCO) member states.
Iran finishing $80 mln water diversion project in Tehran
Iran’s Energy Ministry is completing a massive project to transfer water from a dam located more than 140 kilometers to the northwest of Tehran to the capital city amid efforts to ease water shortage in the region.
Tehran-Baku Flight Launched to Boost Tourism, Regional Cooperation
TEHRAN - Iran Air, the national flag carrier of the Islamic Republic of Iran, has launched a direct flight from Tabriz to Baku as part of efforts to enhance tourism and strengthen regional ties under the guidelines of the country’s Seventh Development Plan.
Imam Khomeini Airport to Be Transferred to the Private Sector
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.
Strengthening Ties with Neighboring and Regional Countries Has Become a Strategic Priority
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.
South Pars gas production increases 5m cubic meters this year
Gas production at the South Pars Gas Field increases five million cubic meters per day as a result of putting into operation three wells.
Iran’s Aviation Sector Needs 200 Planes
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.
Gov’t Prioritizes Facilitating International Trade in 14th Administration
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.