Wednesday, 24 December , 2025
  • Iran, Azerbaijan Agree on Measures to Reduce Truck Congestion at Astara Border 24 Dec 2025

    Iran, Azerbaijan Agree on Measures to Reduce Truck Congestion at Astara Border

    TEHRAN - Iranian and Azerbaijani customs authorities have reached a new agreement aimed at reducing truck congestion at the Astara border crossing, a key transit point between the two neighboring countries. Under the agreement, between 120 and 140 refrigerated export trucks will be allowed to exit daily through the newly established Astara border terminal, increasing the total number of outbound trucks to between 350 and 370 per day.

Iran–Kazakhstan Trade Expected to Reach $3b 11 Oct 2025

Iran–Kazakhstan Trade Expected to Reach $3b

TEHRAN - The head of the Khorramabad Chamber of Commerce, Industries, Mines and Agriculture, Mohammad Khaki, met with Ontalap Onalbaiyev, the Ambassador of the Republic of Kazakhstan to Iran, and called for a significant expansion of trade between the two countries — from the current $340 million to $3 billion.

Gov’t Intervention Drives Capital Away 08 Oct 2025

Gov’t Intervention Drives Capital Away

TEHRAN - The Vice President of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) emphasized that investment is a crucial and reliable indicator of economic development, and that countries around the world are in strong competition to attract capital.

World Bank Revises Growth Outlook for Iran and the Middle East 08 Oct 2025

World Bank Revises Growth Outlook for Iran and the Middle East

TEHRAN - The World Bank has revised upward its forecast for economic growth across the Middle East and surrounding regions, citing stronger-than-expected recovery in Gulf economies and improved prospects in oil-importing countries.

Warm Welcome for Mazandaran’s Role as Lead Province in Eurasian Trade Agreement 07 Oct 2025

Warm Welcome for Mazandaran’s Role as Lead Province in Eurasian Trade Agreement

TEHRAN - At the Grand Forum Honoring Mazandaran’s Top Exporters, Mohammad-Ali Dehghan Dehnavi, Head of Iran’s Trade Promotion Organization (TPO), stressed that the strength and resilience of Iran’s economy has always depended heavily on exports. He recalled that over the past 10–15 years, especially during periods of international sanctions and declining oil revenues, non-oil exports became the main source of foreign currency and a vital support for the national economy.

Snapback Mechanism Seen as Major Challenge for Oil Equipment Manufacturers 07 Oct 2025

Snapback Mechanism Seen as Major Challenge for Oil Equipment Manufacturers

TEHRAN - The chairman of the Iranian Association of Oil Industry Equipment Manufacturers has warned that the reactivation of the UN “snapback mechanism” could significantly disrupt the country’s economic activities, particularly in the oil and gas sector, potentially creating harsher conditions than those faced before the 2015 nuclear deal (JCPOA).

Gilan Positioned as Key Hub for Expanding Iran–Russia Trade 06 Oct 2025

Gilan Positioned as Key Hub for Expanding Iran–Russia Trade

TEHRAN - The northern Iranian province of Gilan is set to play a central role in deepening economic relations between Iran and Russia under the framework of the recently implemented Comprehensive Strategic Cooperation Agreement between the two countries, senior Iranian and Russian officials said at a joint business meeting in Rasht.

Sanctions “No Barrier” to Iran’s African Trade 06 Oct 2025

Sanctions “No Barrier” to Iran’s African Trade

TEHRAN - Iranian businesses can expand in African markets despite Western sanctions if they combine market knowledge with flexible financing, according to Masoud Barhaman, head of the Iran–Africa Joint Chamber of Commerce.

Tariff Reforms Essential to Boost Iran–Turkey Trade 05 Oct 2025

Tariff Reforms Essential to Boost Iran–Turkey Trade

TEHRAN - Iran and Turkey must revise trade tariffs to unlock the full potential of bilateral commerce, a senior Iranian business leader said during a meeting with Turkish commercial attachés in Tehran.

Iran Resumes Electricity Exports to Two Eastern Neighbors 04 Oct 2025

Iran Resumes Electricity Exports to Two Eastern Neighbors

TEHRAN - The head of Iran’s Power Generation, Transmission and Distribution Company (Tavanir) announced that electricity exports to Afghanistan and Pakistan have resumed following a decline in domestic demand.

Current Dollar Rate Driven by “Fear,” Not Real Market Forces 04 Oct 2025

Current Dollar Rate Driven by “Fear,” Not Real Market Forces

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.