TEHRAN - The recent U.S. decision to revoke the sanctions waiver for Iran’s Chabahar Port will have little to no practical effect, according to a former senior official in Iran’s ports authority.

TEHRAN - The Deputy Head of Iran’s Civil Aviation Organization (CAO) has announced that nearly 60 percent of the country’s active airline fleet is now operated by the private sector, stressing that many of the high-profile claims about launching new carriers remain little more than promotional campaigns. He noted that despite earlier promises, including those surrounding “Dot One Airlines,” no aircraft have yet been delivered.

TEHRAN - Trade diplomacy under Iran’s 14th administration has opened new opportunities for exporters and importers, leading to a 12% rise in non-oil exports and a 1% drop in imports, according to the Ministry of Industry, Mine, and Trade.

TEHRAN - A high-level delegation from the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) traveled to Kazakhstan and China to explore trade opportunities in the Khorgos region. During the visit, the delegation held official talks with local officials and business leaders in Khorgos, China, culminating in the signing of a cooperation agreement between Mahmoud Najafi Arab, President of the Tehran Chamber, and Faming Ma, President of the Khorgos Chamber.

TEHRAN - Minister of Energy announced that the country has exported an advanced gas turbine to Russia for the first time, marking a milestone achievement for the Iranian power industry despite international sanctions.

TEHRAN - The head of Kazakhstan’s Association of Free Economic Zones, in a meeting with a Tehran Chamber of Commerce delegation led by its president, Mahmoud Najafi Arab, proposed establishing a commodity exchange mechanism linking Tehran, Almaty, and Khorgos, China. Under this arrangement, all three parties would be able to supply their goods to the market and meet their respective needs.

TEHRAN - Iran and Pakistan have set a target to increase their agricultural trade volume from the current $1.3 billion to $3 billion, officials from both countries announced during high-level talks on Monday.

TEHRAN - Minister of Roads and Urban Development, Farzaneh Sadegh, announced that Iran and Pakistan will finalize a roadmap to expand bilateral trade to $10 billion within the next three months.

22nd meeting of Iran-Pakistan Joint Economic Commission opened in the capital, Tehran, on Monday.

TEHRAN - Iran’s exports to member states of the Eurasian Economic Union (EAEU) have grown significantly in recent months, recording a 20 percent increase, according to a senior trade official. Authorities believe this surge could serve as a golden opportunity to strengthen the country’s foreign trade and give a strong push to domestic production.