The economy minister says Iran’s measures helped it see positive economic growth and ever-expanding cooperation with various countries in the region and the world.

TEHRAN - According to Mohammad Reza Pour-Ebrahimi, a former member of parliament, an estimated $40 to $50 billion in foreign currency is held by Iranian households. He stated that if these funds were directed into production sectors, they could significantly address Iran’s financial needs.

TEHRAN - In a joint meeting between the President of Iran’s Chamber of Commerce and Kazakhstan’s Minister of Trade, officials emphasized the necessity of resolving banking and transportation issues as key prerequisites for achieving the targeted $3 billion trade volume between the two nations.

A Russian export official says Iranian President Masoud Pezeshkian’s January trip to Russia has removed trade barriers between the two countries.

TEHRAN - In a historic development, the first-ever rail transit route between India and Afghanistan via Iran has been inaugurated, marking a significant milestone in regional trade and connectivity. The inaugural freight train, carrying a shipment of oilseeds, successfully traversed this route and arrived in Afghanistan.

TEHRAN - Japan's Ambassador to Iran, Tsukada Tamaki, during a recent visit to the Qom Chamber of Commerce, Industries, Mines, and Agriculture, underscored Japan's steadfast commitment to long-term cooperation with Iran, highlighting the nation's significant economic potential. He also expressed Japan's willingness to facilitate Iranian participation in the upcoming Expo 2025 Osaka.

TEHRAN - A 59-member trade delegation from the Republic of Kazakhstan is scheduled to visit Iran from February 15th to February 17th, according to the Deputy for International Affairs and Trade Development of the Tehran Chamber of Commerce.

A part of Iran's peaceful nuclear program, the first phase of the Bushehr Nuclear Power Plant has generated 72 billion kilowatt-hours of electricity in the past 11 years. President Masoud Pezeshkian has now ordered the construction of the second and third phases of the plant.

TEHRAN - In an interview with ILNA, the spokesperson for the Union of Exporters of Oil, Gas, and Petrochemical Products discussed the current situation regarding Iran's gas exports to Iraq amid recent news of changes in U.S. sanctions.

TEHRAN - The head of Iran's Trade Promotion Organization has emphasized the significant economic and cultural impact of tourism, stating that foreign currency brought in by international tourists plays a vital role in ensuring a country’s economic development.