TEHRAN - According to a new report from the International Affairs Department of Iran’s Chamber of Commerce, trade between Iran and Switzerland grew by nearly 12% in 2024, reaching a total of $241 million. Despite the growth, the trade balance remains heavily in favor of Switzerland.

TEHRAN - Iran has taken a significant step toward deepening its economic ties with Iraq through the export of domestically-produced agricultural drones from the southwestern province of Khuzestan. The move, officials say, marks the beginning of a new era in regional economic diplomacy driven by technology and innovation.

TEHRAN - In a push to overhaul Iran’s foreign trade system, Seyed Taha-Hossein Madani, head of the Smart Governance Think Tank, has called for the immediate creation of a “Trade Atlas”—a strategic, data-driven initiative to strengthen the country’s economic defenses against international sanctions and market volatility.

TEHRAN - Minister of Agriculture, Gholamreza Nouri Ghezeljeh, has announced that Iran is now among the top five countries in the world in heavy livestock farming. He emphasized that the country’s dairy products are being utilized by internationally recognized companies, signaling a major milestone in the nation’s agricultural capabilities.

Khani said the efforts on the F.A.T.F. is not to prevent the hostility of the U.S. and Israel but to improve Iran’s economic situation and facilitate international trade and financial transactions.

TEHRAN - In a key regional summit held between Iranian and Afghan economic authorities in Mashhad, senior officials underscored the importance of deepening economic collaboration between Iran’s Khorasan Razavi province and Afghanistan’s Herat province. The shared goal: fostering development, boosting trade, and ensuring long-term regional stability.

TEHRAN - Iran ranks 64th in the world in railway network development, according to Mohammadreza Rezaei Kouchi, head of the Iranian Parliament's Civil Commission. Speaking at a private sector investment ceremony in the country's passenger rail industry, Kouchi emphasized the need for a more strategic focus on expanding the rail sector as part of Iran’s broader economic and infrastructure goals.

TEHRAN - In a significant policy proposal at a recent meeting of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), its President, Samad Hassanzadeh, called for the establishment of a Special Economic Measures Taskforce, led by the Government-Private Sector Dialogue Council, to address the country’s economic challenges amid ongoing conflict and international sanctions.

TEHRAN - The head of Iran's Travel Agencies Association has announced that Iranian travel service offices have sustained over 20 trillion rials (approximately $50m) in losses due to the 12-day war, following widespread trip cancellations. The agencies are now also indebted to numerous travelers who had prepaid for domestic and international flight tickets and hotel bookings.

TEHRAN - The head of the Carpet, Arts, and Handicrafts Commission at Iran’s Chamber of Commerce has raised the alarm over the extensive smuggling of Afghan carpets into Iran, calling it one of the major challenges facing the industry today.