TEHRAN - Minister of Agriculture Jihad emphasized the government's strong commitment to supporting the private sector, stating that obstacles hindering private sector development, production growth, and export expansion—particularly in agriculture and food industries—must be eliminated.

Iran and Turkey have signed an agreement to launch a train between Tehran and Van next month.

TEHRAN - Mustafa Rajabi Mashhadi, in an interview, emphasized that ensuring electricity supply for the Iranian people remains the primary priority of the Ministry of Energy. He noted that currently, Iran imports more electricity than it exports.

Iran says it is ready to resume flights to Syria, which were suspended after the fall of president Bashar al-Assad’s government last month.

TEHRAN - Mohammad Hossein Roshank, the head of the Iran-Tajikistan Joint Chamber of Commerce, shed light on Iran’s declining competitiveness in the Tajikistan market. He attributed this to the high production costs in Iran, which diminish its ability to rival countries like China, Turkey, and the UAE, known for offering lower-priced goods. Tajikistan, a market driven by affordability, is increasingly favoring these nations as they aim to secure greater market share through cost-effective production.

TEHRAN - The president of the Iran Export Confederation has emphasized the necessity of Iran's accession to the Financial Action Task Force (FATF) to strengthen its foreign trade. Mohammad Lahouti stated that developing international trade without FATF compliance is unattainable, underscoring the government's commitment to resolving the issue.

The head of Iran’s Trade Promotion Organization (TPO), Mohammad-Ali Dehqan Dehnavi, announced an 18% growth in the country’s non-oil trade during the first nine months of the current Iranian calendar year, which began on March 20, 2024.

TEHRAN - Fatemeh Ghanbarpour, Vice President of the Transport, Transit, and Logistics Commission at the Iranian Chamber of Commerce, told ILNA about ongoing efforts to prevent the suspension of Iran’s Green Card membership. She stated: "Iran Insurance is a member of the COB convention, and reinsurance processes are underway. Since reinsurance operates as an insurance company linked to the COB, which is an international body overseeing the Green Card insurance system based in Brussels, we are striving to have the Iranian Chamber of Commerce introduced as the guarantor to the COB. This would place Green Card insurance under the chamber’s umbrella, similar to what happened with the TIR carnet system."

The Civil Aviation Organization of Iran has expressed its support for a proposal to increase the number of flights from Saudi Arabia to Iran as part of bilateral agreements.

TEHRAN - Trade relations between Iran and the European Union (EU) have seen significant growth in 2024, with the Netherlands playing a pivotal role. According to data from Eurostat, Iran-EU trade volume reached €3.4 billion in the first nine months of 2024, marking a 96% increase compared to the same period in 2023.