Sunday, 31 August , 2025
  • Iran’s Exports Reach $16.5b in First Four Months of Year 30 Aug 2025

    Iran’s Exports Reach $16.5b in First Four Months of Year

    TEHRAN - Iran recorded exports worth $16.55 billion during the first four months of the current Iranian year, according to official figures released by the Trade Promotion Organization of Iran (TPO). Although export volumes grew slightly compared with the same period last year, the overall value of exports fell by more than five percent, highlighting ongoing challenges in the country’s foreign trade sector.

Iran Pursues FATF Normalization at Eurasian Anti-Money Laundering Summit 27 May 2025

Iran Pursues FATF Normalization at Eurasian Anti-Money Laundering Summit

TEHRAN - Iran is leveraging its participation in the 42nd Plenary of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) to build international networks aimed at normalizing its status with the Financial Action Task Force (FATF), according to a senior Iranian official.

Iran Aims for Self-Sufficiency in Meat, Rice, Sugar, Bananas Within Three Years 27 May 2025

Iran Aims for Self-Sufficiency in Meat, Rice, Sugar, Bananas Within Three Years

TEHRAN - inister of Agriculture, Gholamreza Nouri, announced on Tuesday that the country is pursuing a strategic plan to achieve self-sufficiency in the production of meat, rice, sugar, and bananas within the next three years. Speaking during a meeting with Parviz Fattah, Head of the Execution of Imam Khomeini’s Order (EIKO), Nouri emphasized that Iran is not opposed to imports and exports but stressed the need to first meet the nation's essential domestic demands.

Iran, Bangladesh Explore New Avenues for Trade and Investment 26 May 2025

Iran, Bangladesh Explore New Avenues for Trade and Investment

TEHRAN - In a recent high-level meeting between the Bangladeshi Ambassador to Tehran and the President of the Tabriz Chamber of Commerce, both sides emphasized the need to expand bilateral economic and trade cooperation, highlighting untapped potential in trade and joint investments.

Iran Urges Iraq to Accelerate Shalamcheh–Basra Railway Construction 26 May 2025

Iran Urges Iraq to Accelerate Shalamcheh–Basra Railway Construction

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.

State-Controlled Economy Is Iran’s Biggest Economic Challenge 25 May 2025

State-Controlled Economy Is Iran’s Biggest Economic Challenge

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.

Comprehensive Planning Underway to Replace Gas with Electricity in Heating 25 May 2025

Comprehensive Planning Underway to Replace Gas with Electricity in Heating

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.

Iran and China Expand Agricultural Cooperation 24 May 2025

Iran and China Expand Agricultural Cooperation

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

Trade With the World Impossible Without Financial and Banking Relations 24 May 2025

Trade With the World Impossible Without Financial and Banking Relations

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.

Central Bank Governor Outlines Broader Financial Plans 21 May 2025

Central Bank Governor Outlines Broader Financial Plans

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.

Iran and Russia Eye $10b Trade Target Amid Strengthening Economic Ties 20 May 2025

Iran and Russia Eye $10b Trade Target Amid Strengthening Economic Ties

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.