TEHRAN (Iran News) The call was made during the 17th Joint Economic Cooperation Commission meeting held in Baku, where representatives of the private sector and trade promotion institutions from both countries discussed practical mechanisms to enhance economic engagement. The meeting was attended by Niloufar Asadi, Director General for Asia-Pacific Affairs and representative of the Iran Chamber of Commerce, Industries, Mines and Agriculture, and Gunel Sheikhmammadov, Director of International Affairs at the Azerbaijan Export and Investment Promotion Agency (AZPROMO).

The discussions focused on identifying operational solutions to expand private sector cooperation, evaluating trade and investment opportunities, and addressing existing commercial challenges between the two neighboring countries. Participants agreed that strengthening business-to-business communication would play a key role in improving mutual market understanding.

As part of the dialogue, Asadi highlighted the institutional role of the Iran Chamber of Commerce as a representative and advisory body for the private sector. She noted that the chamber currently supports approximately 80,000 member companies, along with 34 provincial chambers, 40 joint chambers, and 280 trade associations. According to her, the chamber is actively working to help Iranian businesses enter global markets, with special emphasis on opportunities in Azerbaijan, including participation in international exhibitions and commercial events.

The Iranian side proposed the establishment of practical communication mechanisms between economic actors of the two countries. Suggestions included organizing specialized webinars and bilateral B2B meetings in strategic sectors such as agriculture, construction, and energy. Officials believe such direct interactions would help businesses from both countries better understand market requirements, investment conditions, and partnership opportunities.

The proposal was welcomed by Sheikhmammadov, who agreed that joint planning for these events could help remove informational barriers and facilitate market entry for companies on both sides. Both parties stressed the importance of continuous dialogue to support long-term economic cooperation.

Iranian representatives also emphasized the need to accelerate legal and governmental procedures related to trade facilitation and transit development. The completion and signing of the preferential trade agreement was identified as a top priority. Asadi stated that the private sector requires governmental support through such agreements to improve market access conditions.

She further called for coordinated pressure from commercial institutions on respective governments to finalize ongoing negotiations. She argued that lowering tariff barriers would significantly increase bilateral trade volume and improve economic interaction.

In response, Sheikhmammadov confirmed that efforts are underway to accelerate negotiation processes and finalize the strategic agreement. He said that reducing customs tariffs is expected to contribute to expanding the flow of goods between the two countries.

Another key topic discussed was investment cooperation. The Iranian representative announced that the Iran Chamber of Commerce is prepared to distribute information regarding Azerbaijani investment projects among Iranian member companies. This would allow Iranian firms to conduct feasibility studies and explore participation in project management and investment opportunities.

Sheikhmammadov welcomed the proposal and encouraged the introduction of Iranian companies interested in joint investment projects. He added that Azerbaijani partners are ready to provide detailed information about project requirements and investment conditions.

At the conclusion of the meeting, both sides agreed that official correspondence and follow-up communications should be conducted through the international affairs department of the Iran Chamber of Commerce and the relevant Azerbaijani institutions. This arrangement is expected to streamline administrative procedures and accelerate implementation of agreed initiatives.

Officials from both countries reaffirmed that strong political and economic will exists to expand bilateral relations. They emphasized that prioritizing the preferential trade agreement and joint investment cooperation could open a new chapter in economic relations between Tehran and Baku, supporting regional trade integration and long-term development partnerships.

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TEHRAN (Iran News) Aref made the remarks during the 64th meeting of the Board of Trustees of the Agricultural Research, Education and Extension Organization. Highlighting the organization’s achievements in agricultural research, he stated that ensuring the country’s food security is not merely a slogan, but the result of measures taken in recent years in the agricultural sector—an approach that now serves as a key strategy of the current government.

Reviewing the challenges of the 1980s in agriculture, Aref recalled that at the time, the country’s strategy focused on increasing production and achieving self-sufficiency, particularly in essential commodities. He pointed to the wheat self-sufficiency celebration held in 2004 as an example. Today, he stressed, agricultural production must be planned with a realistic understanding of the country’s conditions and constraints.

Aref underlined the key role of the Agricultural Research, Education and Extension Organization in achieving food security, noting that while the organization has made valuable contributions, the government expects more given the country’s academic and expert capacity. “Future agriculture must be smart, data-driven, and knowledge-based, while also making proper use of indigenous knowledge,” he said.

Referring to the government’s regional production strategy—particularly in agriculture—Aref noted that Iran’s free trade agreement with member states of the Eurasian Economic Union presents a significant opportunity for agricultural exports. However, he said, realizing this potential requires higher productivity and improved quality of domestic products.

He stressed the necessity of utilizing modern technologies, saying there is no alternative but to adopt and localize the latest advancements. “The country benefits from strong scientific capacity and a young workforce capable of producing the technologies needed in the agricultural sector,” he added. In this context, he called for reforming cultivation patterns with the cooperation and consent of farmers, emphasizing that water-intensive crops such as rice and watermelon should not be grown in water-scarce regions.

Addressing climate change and declining water resources, Aref noted that such conditions had been predictable for years and that international warnings had long been issued. He urged the Agricultural Research, Education and Extension Organization to adopt a problem-oriented approach and, in cooperation with universities and research centers, provide practical solutions to adapt Iran’s agriculture to environmental conditions.

During the meeting, a report was presented on the organization’s activities, including seed production, cultivation pattern reform, applied research, adoption of modern technologies, private sector partnerships, and training programs for farmers.

Board members also approved several measures, including the audit report for the year 1403 (2024–2025), the appointment of an auditor for the 1404 (2025–2026) fiscal year, the organization’s detailed budget, implementation of a comprehensive wastewater transfer project and construction of a treatment plant at the Isfahan Provincial Research Station, the establishment of solar power plants at research centers, the implementation of an agrivoltaic project in pistachio orchards, and revisions to national standards for nursery plant and mother garden health.

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TEHRAN (Iran News) Mahmoud Siadat, head of the Iran–Afghanistan Joint Chamber of Commerce, said that official recognition of the Taliban government—referred to by its authorities as the Islamic Emirate of Afghanistan—would significantly strengthen commercial relations and provide greater confidence for long-term investments and private-sector engagement.

His remarks followed recent statements by Alireza Bigdeli, Iran’s ambassador in Kabul, who indicated that Tehran may soon formally recognize the Taliban-led administration.

In an interview, Siadat said there is no certainty yet regarding recognition, but noted that Iran’s relations with Afghanistan’s current authorities have steadily improved across multiple sectors.

“Fortunately, relations between Iran and the Islamic Emirate of Afghanistan are improving day by day in various fields,” he said.

According to Siadat, official recognition by Tehran would create greater stability and reassurance for private-sector actors seeking to engage in Afghanistan. This would be particularly important for long-term projects such as railway connectivity linking Iran to China through Afghan territory, as well as major public and private investment initiatives.

“When it comes to long-term contracts and strategic infrastructure projects, recognition would make it easier to rely on agreements and move forward with confidence,” he said.

Siadat described current economic relations between the two countries as strong and friendly, but emphasized that formal diplomatic recognition would further enhance both the perception and practical realities of cooperation.

Citing Iranian customs data, he said Iran’s annual exports to Afghanistan exceed $2.5 billion. However, Afghan customs authorities report even higher figures, estimating imports from Iran at more than $3 billion per year.

In total, Siadat estimated that Iran’s combined exports of goods and services to Afghanistan amount to approximately $3.5 billion annually.

By contrast, Afghanistan’s exports to Iran remain limited, totaling around $100 million per year.

A significant portion of Iran’s exports to Afghanistan consists of technical and engineering services, which Siadat said exceed $500 million annually. However, he acknowledged that there is no comprehensive database tracking these activities.

He attributed the lack of accurate data to insufficient government support and incentives. In the past, Iran’s Trade Promotion Organization provided bonuses of up to five percent of contract values to exporters of technical and engineering services, encouraging companies to formally register their overseas activities.

“Today, not only are there no incentives, but exporters are concerned about potential penalties, taxes, and social security obligations,” Siadat said. “As a result, many prefer not to register their activities.”

He added that Afghanistan’s most pressing needs go beyond goods and include technical services, consultancy, knowledge transfer, and technology—areas in which Iran has considerable capacity but has underperformed in terms of policy support.

Looking ahead, Siadat highlighted agriculture as a key area for expanding bilateral cooperation. He said Iran has already imported cotton, legumes, and certain agricultural products from Afghanistan this year, along with limited quantities of zinc ore, lead, and other minerals.

However, industrial and mining imports from Afghanistan currently face logistical and structural challenges. As a result, Iranian policymakers and business leaders are increasingly turning their attention to agricultural cooperation.

“We are seeking to implement contract farming in Afghanistan,” Siadat said. “Given that more than 50 percent of Afghanistan’s economy and workforce is engaged in agriculture, livestock, fisheries, and horticulture, this sector offers significant potential.”

Under contract farming arrangements, Iranian companies would invest in Afghan agricultural production, providing technology, expertise, and guaranteed purchase agreements. The harvested products—such as legumes, meat, and other agricultural goods—would then be exported to Iran.

Siadat suggested that such cooperation could reduce Iran’s dependence on more distant suppliers.

“Instead of importing legumes from Canada, we can source them from Afghanistan,” he said. “Through contract farming and the transfer of knowledge and technology, we can import agricultural products and meat from Afghanistan in a structured and mutually beneficial way.”

Siadat also noted that remittances sent by Afghan nationals residing in Iran likely exceed the value of Iran’s total exports to Afghanistan. Millions of Afghans live and work in Iran, sending portions of their earnings back home to support their families.

This flow of funds, he said, underscores the deep economic interdependence between the two neighbors.

While formal recognition of the Taliban government by Iran has not yet been confirmed, Siadat made clear that such a move would mark a turning point in economic relations. It would not only solidify existing trade flows but also pave the way for expanded infrastructure projects, agricultural investment, and long-term strategic cooperation.

For now, trade between the two countries remains robust despite the absence of formal recognition. But business leaders argue that a clearer diplomatic framework could unlock further growth—particularly in sectors such as rail connectivity, agriculture, engineering services, and cross-border investment.

As discussions continue, Iran appears poised to deepen its economic engagement with Afghanistan, with contract farming emerging as a central pillar of its evolving strategy.

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TEHRAN (Iran News) Seyed Mohammad Hadi Sobhanian, head of the National Tax Administration, said at a press conference reviewing the organization’s performance in the Iranian year 1404 that the past year had been “different and difficult” compared to previous years.

“Despite the circumstances, we tried to fulfill our legal duties to the maximum extent,” he said, noting that special focus had been placed on taxpayers, guilds, and small businesses. “It appears the measures taken were effective, and we were able to get through this year with the full cooperation of trade associations.”

Sobhanian stated that there were no protests in markets or among guilds over tax collection. “Our effort has been to minimize bargaining in tax collection by relying on data-based taxation,” he said, adding that extensive meetings had been held with unions, guild representatives, and market traders. “We believe that through dialogue and mutual understanding, tax affairs can be advanced with minimal tension and damage.”

He stressed that despite the country’s particular conditions, tax collection was carried out smoothly in consideration of economic activists, small businesses, and guilds. “What was especially important for us was the smartization of the tax system, which we have pursued in recent years and whose results are now materializing,” he said.

Sobhanian explained that the organization’s recent performance reports reflect the outcomes of this digital transformation. “This does not mean 100 percent satisfaction, but compared to the past, there has been a noticeable change,” he noted. He added that while securing government revenue remains the primary goal, his personal priority is eliminating discrimination and improving tax justice.

The official outlined five major challenges under the traditional tax system, including:

Lack of high-quality and standardized audits due to a mismatch between the volume of tax files and the number of tax officers

Economic unpredictability caused by the heavy role of human discretion

A focus on post-detection enforcement against tax evasion due to structural gaps in the paper-based system

The potential for collusion between tax officers and taxpayers

Complex laws and business diversity that hindered effective auditing

Data-Centered Taxation and Pre-Filled Returns

Under the new system, Sobhanian said, data plays a central role. The administration now prepares pre-filled tax returns rather than leaving taxpayers with a blank form.

“In fact, based on the taxpayer’s own submitted information, a performance report is generated,” he explained. “In many cases, taxpayers approve the pre-filled return. If they do not, taxes are finalized through systemic auditing, and in cases of significant discrepancies, a formal audit will be conducted.”

Sobhanian also reviewed recent legislative developments. The Direct Taxes Law was amended in 2015 (1394 in the Iranian calendar), followed by the approval of the Law on Sales Terminals and the Taxpayer System.

He noted that POS-generated invoices have been extended as electronic invoices through 1405 (March 2027), after initially being scheduled to conclude in 1404.

The deputy economy minister added that value-added tax (VAT) calls under a new framework were approved by the heads of the three branches of government.

According to Sobhanian, the rollout of sales terminal systems has led to significant achievements, including improvements in the business environment and a fairer increase in tax revenues. “This benefits the public, as the government is not relying on inflationary resources to generate income,” he said.

One key indicator of the law’s implementation is the number of taxpayers using electronic invoices. “This year, 1.5 billion electronic invoices have been issued,” he reported.

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TEHRAN (Iran News) In recent days, text messages have reportedly been sent to exporters giving them just five days to settle outstanding foreign exchange commitments. According to reports, these notifications have been issued over the past 10 to 15 days and apply even to exporters with relatively small outstanding amounts, in some cases as little as $30,000.

Speaking to ISNA, Mohammad Lahouti said the issue of returning export earnings to the country’s economic cycle has been under discussion since 2018, when new foreign exchange regulations were introduced. Although various institutions have examined the matter and offered commentary, he argued that a comprehensive and effective resolution has yet to be achieved.

Lahouti categorized export activity into three main groups to clarify the situation. The first group consists of large enterprises, primarily state-owned or quasi-state entities. In these cases, he noted, the government has the ability to manage and determine the status of foreign currency returns through internal mechanisms and agreements.

The second group includes small and medium-sized private-sector exporters and what he described as “real economic actors.” According to Lahouti, a significant number of these exporters have already fulfilled between 60 and 70 percent of their foreign exchange obligations. However, a portion—sometimes 20 to 30 percent or more—remains unsettled.

The third group involves so-called “single-use” or one-year commercial cards, through which substantial volumes of exports were conducted, but where the resulting foreign currency did not return to the formal economic cycle.

Lahouti emphasized that judicial and supervisory authorities were justified in addressing violations in the third category. He noted that since 2018, exporters with outstanding currency obligations have received notifications from anti-smuggling authorities requiring settlement. In the case of state-affiliated companies, he reiterated, the government can resolve issues based on their particular structures.

However, he stressed that the primary concern lies with the second group—active, legitimate exporters who continue to operate production units and engage in export and import activities. For these businesses, he argued, the three- to five-day deadlines imposed via text messages are impractical.

“Given the country’s sanctions environment and the complexities involved in transferring foreign currency, such short timeframes are simply not feasible,” Lahouti said.

He explained that exporters often must rely on specialized and sometimes complicated channels to transfer funds or physically bring banknotes into the country. These processes are time-consuming and cannot realistically be completed within a few days.

Reflecting the position of the private sector and chambers of commerce, Lahouti called for a more flexible approach toward genuine exporters. While expressing full support for legal action against offenders and those misusing commercial cards, he proposed granting at least a three-month deadline to legitimate exporters with partial outstanding obligations.

Such an extension, he argued, would restore confidence within the export community and demonstrate that the government and judiciary stand alongside law-abiding businesses. In turn, exporters would be better positioned to return foreign currency earnings to the national economy through the most efficient available channels.

Lahouti concluded by reiterating that while enforcement against abuse is necessary, policymakers must differentiate between violators and active exporters who are committed to fulfilling their obligations but require a realistic timeframe to do so.

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TEHRAN (Iran News) Minister Farzaneh Sadegh detailed the government’s latest actions in the fields of ports, rail transport, and aviation.

Sadegh stated that numerous memorandums of understanding have been signed in the port sector, including agreements worth approximately 200 trillion rials with private sector investors. These agreements involve key ports such as Shahid Rajaee Port, Port of Chabahar, and Amirabad Port, along with several others.

She highlighted what she described as a major development in the Persian Gulf and Sea of Oman region under the current administration, including the signing of a logistics site agreement at Shahid Rajaee Port with Kazakhstan. “What we are witnessing now is economic diplomacy in action,” she said, emphasizing that transport and transit serve as the backbone of Iran’s broader regional economic engagement.

The minister also announced the start of dredging operations in the Arvand River, marking the first such effort since the Iran-Iraq War. She described the project as highly significant for both Khuzestan province and the country as a whole.

Several wartime shipwrecks remain submerged in the river, including the large “Khanian” wreck. Authorities aim to remove the wreckage before the Iranian New Year. Currently, only vessels of 2,000 to 3,000 tons can navigate the river, but after dredging, ships of up to 15,000 tons will be able to pass.

Sadegh said President Masoud Pezeshkian personally follows up weekly on the development of suburban rail systems, particularly around Tehran and other major cities. She cited heavy traffic congestion, air pollution, and road accidents as major reasons for prioritizing commuter rail.

The ministry aims to resolve suburban transit challenges between Tehran and surrounding cities within the next 18 months. Coordination efforts are underway between the national railway company, municipalities, and the Interior Ministry to ensure efficient passenger distribution through low-emission buses, vans, and taxis.

On international rail corridors, Sadegh said Iran has intensified cooperation with neighboring countries including Pakistan, Azerbaijan, Turkmenistan, and Turkey. She emphasized that the long-awaited Chabahar–Zahedan railway—considered a missing strategic link—will be completed by the end of the current year. The project has surpassed 80 percent physical progress.

Additional rail segments connecting Khash to Iranshahr and Chabahar to Nikshahr are also nearing completion, with track-laying progressing rapidly.

The minister confirmed that land acquisition for the Rasht–Astara railway route will be finalized this year. The project is of particular importance to Iran and Russia within the North–South Transport Corridor framework.

Regarding the Shalamcheh–Basra railway, she said demining operations have been completed on the Iranian side, and construction of a bridge over the Arvand River is expected to be finished before next year’s Arbaeen pilgrimage. Iran is responsible for bridge construction, while Iraq will lay the track.

Sadegh announced the revival of the China–Iran freight train after years of suspension, noting that a substantial portion of imported solar panels has recently arrived via this route. The rail corridor now enables cargo movement from China through Iran onward to Europe.

She added that rail links between Pakistan, Iran, and Turkey have resumed, as has freight service connecting Uzbekistan through Turkmenistan to Iran and onward to the Persian Gulf, Sea of Oman, and India. Rail capacity from Russia through the eastern branch of the International North–South Corridor has also increased. “China–Iran”

Passenger services such as the Tehran–Van train have resumed after years of inactivity.

Addressing aviation delays, Sadegh acknowledged that sanctions have impacted aircraft maintenance and fleet expansion. Nevertheless, nearly 2,000 seats have been added with private sector cooperation.

She stressed that while sanctions pose challenges, airlines must uphold passenger rights. The Civil Aviation Organization, she said, monitors airline performance and has required carriers to display passenger rights information at airports and onboard aircraft. “China–Iran”

Despite existing fleet limitations, she emphasized the government’s commitment to improving maintenance standards and reducing delays to better serve public demand.

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TEHRAN (Iran News) According to the economic correspondent of Islamic Republic News Agency, total imports during the 18-month period declined from $94.7 billion to $93.4 billion. Officials stated that the reduction was implemented to manage imports and support domestic production.

Exports under the Fourteenth Government reached $85.6 billion, marking a significant increase compared to the same period in the previous administration.

Expanding non-oil exports has been one of the government’s primary strategies. Efforts have focused on increasing production and investment in mining and mineral industries. Last year, 23 million tons of mineral products and steel chain products were exported. However, structural imbalances reportedly prevented completion of the production chain, eliminating the potential for an additional $4 billion in exports.

The total value of metal products supplied and sold domestically exceeds $35 billion, resulting in $14 billion in non-oil exports and reducing dependence on imported raw materials for other industries.

Trade statistics for the first 10 months of the current year show the trade deficit narrowing from negative $10 billion to negative $4 billion. Transit figures also improved, decreasing from negative 15 percent to negative 4 percent.

Non-oil exports reached 130 million tons worth $45 billion. During the same period last year, 128 million tons of goods valued at $48 billion were exported, indicating a 1.33 percent increase in export volume.

China accounted for the largest share of Iran’s exports at $10.918 billion (24.25 percent), followed by:

Iraq: $7.917 billion (17.59 percent)

United Arab Emirates: $6.448 billion (14.32 percent)

Turkey: $5.66 billion (12.57 percent)

Afghanistan: $2.088 billion (4.64 percent)

Imports fell from $57.1 billion during the same period last year to $49 billion this year, reflecting a 15.5 percent decrease. Officials attributed the decline to policies supporting domestic production and prioritizing the import of essential and lower-cost intermediate goods.

In terms of import sources, the United Arab Emirates ranked first with more than $14 billion, accounting for over 30 percent of total imports. It was followed by:

China: $13.439 billion (27.37 percent)

Turkey: $7.921 billion (16.13 percent)

India: $1.547 billion (3.15 percent)

Germany: $1.436 billion (2.92 percent)

Trade facilitation has been among the government’s key priorities. Measures taken include reviving the Supreme Council for Non-Oil Export Development, restoring the Export Goods Development Office, reactivating the Office of Trade Agreements and International Organizations, convening working groups for non-oil export development, and approving executive regulations for border trade management laws. Support packages for non-oil exports and foreign currency earnings have also been introduced.

The Supreme Council for Non-Oil Export Development was originally formed under the country’s Second Development Plan to strengthen the national economy, increase the value-added of exported goods, improve product quality, modernize industries, and expand industrial exports. In 2013, it was recognized as a key economic initiative.

After nearly four years of inactivity, the council’s eleventh meeting was held on January 2 of last year, following efforts by the Ministry of Industry, Mine and Trade and the Trade Promotion Organization of Iran, and by order of the President.

According to Iraj Masoumi, head of the council’s secretariat, the body aims to foster cross-sector coordination between the private and public sectors. Its objectives include preventing overlapping institutional functions, creating stability in export regulations, and identifying structural barriers to exports.

The council includes 11 ministers from economic and infrastructure ministries, three vice presidents, representatives from three private-sector chambers, and organizations such as the Trade Promotion Organization of Iran, the Central Bank, and Customs Administration, making it a unique body for addressing complex, cross-sector export challenges.

Another major initiative of the Fourteenth Government has been the implementation of free trade agreements, particularly with Eurasian partners, aimed at expanding market access and increasing trade share.

According to reports from the secretariat of the Iran–Eurasia Free Trade Agreement, exports during the first eight months of the year reached $1.454 billion, weighing 3.884 million tons. This represents a 13 percent increase in value and a 10 percent increase in volume compared to the same period last year.

The industrial sector accounted for the largest share of exports to Eurasia at $611 million (42 percent), followed by agriculture at $474 million (32 percent), and mining and mineral industries at $233 million (16 percent).

On the import side from the Eurasian bloc, industrial goods ranked first, totaling $1.887 billion and accounting for 56 percent of imports from the union.

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TEHRAN (Iran News) Ameryan emphasized that the establishment of active specialized committees, including those focused on agriculture, transportation, banking, and currency, could allow technical and operational issues to be resolved at the expert level, reducing the need for high-level governmental intervention. “If challenges are addressed efficiently within these committees, there may be no necessity to wait for full commission sessions or changes in government to advance bilateral cooperation,” he stated.

Highlighting the historical significance of trade ties, Ameryan pointed out that during Ambassador Ghorabi’s tenure, trade between Iran and Brazil reached approximately $1.3 billion. Despite regional and international fluctuations, trade has maintained a substantial role, with Brazil proving especially supportive during periods of international sanctions, providing key logistical assistance through ports and maritime transport for Iranian goods.

One of the most promising avenues for bilateral cooperation, Ameryan said, is overseas cultivation. Proposals in Brazil have offered up to one million hectares of land to Iranian investors, with 15–20% of investment capital provided by the Iranian side and the remainder financed through long-term loans spanning 15–20 years with interest rates of 5–6%. High productivity levels, combined with Brazil’s favorable climate and rainfall patterns, allow multiple harvests annually—up to five crops in two years for products such as corn or rice in some regions—making these projects economically viable and attractive for investors.

Despite these opportunities, currency restrictions and Central Bank regulations present significant challenges. Iranian investors face strict limitations when transferring capital abroad or using export revenues for overseas investments. Ameryan stressed that revising these regulations could unlock substantial investment potential and facilitate broader engagement in foreign agricultural projects.

Another persistent issue is the repatriation of export earnings. Exporters, including those of carpets and other goods, are obligated to return foreign currency within three months, a process often delayed by banking and trade procedures. These delays can prevent exporters from accessing foreign exchange allocations on time, limiting their ability to reinvest or expand operations, and further complicating trade with Brazil.

Former Ambassador Hossein Ghorabi highlighted Brazil’s continued importance as a strategic trading partner for Iran. He noted that Brazil currently accounts for approximately 7–8% of Iran’s total foreign trade, equivalent to nearly $8 billion of Iran’s $50 billion total foreign trade. He emphasized that activating specialized committees under the Iran-Brazil Joint Commission, particularly in agriculture, could facilitate tangible progress without waiting for full commission-level sessions.

Ghorabi further highlighted the unique governance structure in Brazil, where agricultural execution is largely managed at the state rather than the federal level. This decentralization necessitates engagement with state authorities and governors, who hold substantial executive powers, for the successful implementation of projects. As a result, interactions solely with the central government are insufficient to advance agricultural initiatives effectively.

In terms of export opportunities, petrochemical products remain a key sector. Currently, Iran exports approximately 1.8 million tons of petrochemicals to Brazil annually, although Brazil has the capacity to absorb nearly three million tons. Despite the growth potential, exports have largely stagnated in recent years. Ghorabi suggested that negotiating preferential or tariff agreements with Brazil could improve Iran’s market share and competitiveness. He cited China’s experience, where trade with Brazil increased from $3 billion to $170 billion over 25 years, as a model for potential expansion.

The meeting also reviewed the structure of the Iran-Brazil Joint Commission, which includes five main working groups: trade, industry and mining, finance and insurance, energy (including water, electricity, oil, gas, and petrochemicals), agriculture, and technology and education. These committees focus on practical objectives, such as improving air and maritime transportation, facilitating barter and oil-to-chemical exchanges, promoting overseas cultivation, and ensuring access to key agricultural inputs. The Planning and Budget Organization stressed the importance of increasing private-sector participation in these efforts, with government institutions taking on a supportive rather than directive role.

Alireza Pirouzan, head of the Americas Department at Iran’s Chamber of Commerce, noted the limitations of relying on international platforms such as BRICS, describing it as an alliance rather than a fully coordinated organization. Recent disagreements between Russia and South Africa, he said, illustrate the instability of expectations in such frameworks, underscoring the need for strong bilateral mechanisms to manage trade and investment efficiently.

Overall, the meeting emphasized that overcoming internal regulatory, banking, and currency barriers is crucial to unlocking the full potential of Iran-Brazil trade. Activating specialized committees and promoting state-level collaboration in Brazil could enable both nations to expand trade volumes, improve investment opportunities, and create a more sustainable framework for long-term economic cooperation.

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TEHRAN (Iran News) Hassanzadeh, who was in Mecca to attend the 41st General Assembly of the Islamic Chamber, emphasized the importance of direct trade channels between Iran and Sausdi Arabia. He proposed the reciprocal dispatch and reception of trade delegations and the organization of a dedicated trade exhibition in Saudi Arabia to showcase Iranian commercial capacities. “Currently, Iran and Saudi Arabia do not have direct commercial exchanges,” he said, stressing the need to remove intermediaries and establish a direct trade framework between the two countries.

The Iranian official highlighted the country’s capabilities in food industries, which meet international standards and are exported worldwide, as a potential area for expanding trade with Saudi Arabia. He also suggested using the Port of Dammam, Saudi Arabia, as a primary entry point for Iranian goods, citing its strategic proximity for facilitating commerce.

Hassanzadeh further proposed organizing a dedicated Iranian trade exhibition in Saudi Arabia alongside the visit of a Saudi trade delegation to Iran. He extended an invitation to Sheikh Kamel to visit Iran to gain firsthand familiarity with the country’s economic and industrial capacities.

During the meeting, Hassanzadeh stressed the broader potential of Islamic countries to develop an independent trade route among themselves through the creation of a shared financial exchange center. “Islamic countries have the capacity to establish an independent trade mechanism and strengthen their collective economic resilience,” he said. He urged that such cohesion would allow member countries to respond collectively to external pressures or economic attacks, reducing their vulnerability on the global stage.

Sheikh Saleh Kamel welcomed the proposals, underlining the importance of establishing direct commercial ties between Iran and Saudi Arabia. He assured that the idea would be raised with senior officials in Saudi Arabia for follow-up. Kamel also expressed support for the exchange of trade delegations and the organization of the Iranian trade exhibition in Saudi Arabia, describing these measures as an opportunity to facilitate bilateral negotiations and enhance cooperation between the two countries’ business communities.

The meeting included board members of the Saudi Chambers Federation and emphasized strengthening collaboration across various economic sectors, including industrial production, trade facilitation, and logistics. Both sides agreed on the strategic importance of expanding bilateral trade and fostering closer economic ties between Iran, Saudi Arabia, and the broader Islamic world.

The discussions reflect growing interest in leveraging economic diplomacy to reinforce ties within the Islamic world and to overcome barriers imposed by intermediaries, sanctions, or other global trade restrictions. Establishing direct trade and a dedicated financial exchange platform is seen as a key step toward increasing regional self-reliance and economic integration.

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TEHRAN (Iran News) The remarks were made during a meeting at the Iran Chamber of Commerce, Industries, Mines and Agriculture between its vice president, Qadir Qiafeh, and Leonid Lozhzhko, head of the Russia–Iran Business Council.

Opening the session, Qiafeh highlighted the significant trade potential between Iran and Russia, noting that despite both countries’ large markets, trade volumes have not reached levels commensurate with their capacities since the collapse of the Soviet Union.

He said bilateral trade has improved in recent years, particularly following the implementation of the free trade agreement between Iran and the Eurasian Economic Union. According to him, trade exchanges under the agreement reached approximately $4 billion in the first nine months of the current Iranian year (ending March 2026), with expectations for further growth by year-end.

Despite this progress, Qiafeh said a considerable gap remains between current trade volumes and the estimated potential of $10 billion to $30 billion. Achieving the lower $10 billion target over the next three years, he stressed, requires a stronger focus on removing practical and administrative barriers.

Qiafeh identified the application of preferential tariffs, limited familiarity among traders with tariff schedules, and delays in information exchange as key challenges in implementing the Eurasia agreement. Customs procedures, including slow responses from relevant agencies, have particularly affected perishable goods, he added.

Logistical and infrastructure limitations were also cited as major obstacles. Qiafeh emphasized that restricted regular shipping services and underutilization of the International North–South Transport Corridor have doubled transport time and costs. Completing and fully operationalizing the corridor, he said, would significantly enhance transit capacity and reduce delivery times for goods moving between the two countries.

Financial constraints also remain a shared problem. Both Iran and Russia face limited access to international financial systems, and mechanisms for settlements in national currencies are not fully established. Currency volatility in both countries has further increased operational costs for traders.

Qiafeh noted that discussions on linking Iran’s Shetab banking network with Russia’s Mir system have been ongoing for over six years. Although pilot programs have been conducted, full implementation has yet to be achieved, limiting large-scale trade transactions.

He also criticized the slow flow of information between the two sides and pointed to structural challenges stemming from state-dominated economic systems in both countries.

Qiafeh stressed the key role of chambers of commerce in facilitating trade and information exchange, arguing that closer cooperation between Iranian and Russian business institutions could help accelerate progress.

While acknowledging that numerous memoranda of understanding have been signed, he said only two major achievements have emerged so far: eased business visa procedures and the establishment of a “green corridor” to streamline trade procedures. Both initiatives were driven largely by the private sector, he noted.

He called for expanded cooperation in joint investment and technology transfer, particularly in oil, gas, petrochemicals, mining, and logistics.

Roushan-Ali Yekta, vice president of the Iran–Russia Joint Chamber, highlighted disputes over customs valuation of Iranian goods in Russia as a major hurdle. He proposed utilizing guarantee funds to support Iranian traders and facilitate smoother investment and trade flows.

Leonid Lozhzhko, head of the Russia–Iran Business Council, acknowledged ongoing settlement and trust issues, despite 89 percent of bilateral trade reportedly being conducted in national currencies. A significant share of financial transactions still passes through third countries, including Turkey and Azerbaijan, he said.

He estimated that $5.5 billion in trade could be routed through Turkey over the next four years, while $180 million in agricultural trade currently transits through Azerbaijan and Turkey. Both sides, he stressed, should work to reduce dependence on intermediary countries.

Lozhzhko said the opening of a branch of Russia’s MTS Bank in Iran could significantly lower transaction costs. He also noted that VTB Bank has allocated $2 billion to provide financial services to Iranian traders.

On transport cooperation, he reported that 28 vessels have been added to Caspian Sea shipping routes between the two countries since last year, with 30 more ships planned by 2035. Rail transport capacity is also being expanded, with new freight arrangements through western and eastern corridors to accelerate deliveries to Moscow.

However, customs procedures remain problematic, particularly for food exports. Goods transiting through Azerbaijan face multiple inspections, while errors in valuation documentation can cause costly delays and reduce product quality. Lozhzhko said training workshops are being planned to help Iranian traders better navigate customs requirements.

Both sides concluded that resolving customs bottlenecks, strengthening financial connectivity, and improving logistics infrastructure are essential steps toward achieving the $10 billion trade target.

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