TEHRAN - In a high-level meeting held at the Iran Chamber of Commerce, Industries, Mines and Agriculture, Iranian and Iraqi officials emphasized their shared commitment to strengthening economic cooperation, with a focus on joint industrial ventures and expanding trade relations.

Minister of Roads and Urban Development Farzaneh Sadeq met President of Azerbaijan Ilham Aliyev in Baku on Tuesday.

TEHRAN - The President of the Iran-Japan Joint Chamber of Commerce has confirmed that Japan strictly adheres to the provisions of international sanctions, leading to minimal official trade figures between the two nations. A significant portion of Iran-Japan commerce is now conducted through intermediary countries.

TEHRAN - Iran's non-oil foreign trade reached a total of $130.2 billion during the Persian calendar year 1403 (March 2024–March 2025), marking a notable 11.39% increase compared to the previous year, according to preliminary data released by the Islamic Republic of Iran Customs Administration (IRICA).

TEHRAN - Amir Roshanbakhsh Ghanbari, Deputy for the Promotion of International Business at the Iran Trade Promotion Organization (TPO), announced new initiatives for the upcoming seventh edition of Iran Expo 2025, highlighting the event’s expanded scope and distinguished international participation.

TEHRAN - Iran’s exports to the Americas have increased by a staggering 4.5 times in 2024 compared to 2023, according to Ahmad Firouzi, Director General of the Europe and Americas Office at the Trade Promotion Organization of Iran. He also announced that Iran is just one step away from establishing a free trade agreement with Venezuela after two decades of negotiations.

TEHRAN - The spokesperson for the Trade Development Commission of Iran’s Chamber of Commerce has stated that the recent 10% tariff imposed by the United States on imports from Iran is unlikely to halt or significantly reduce Iranian exports to the U.S., primarily due to the already high transportation costs involved. According to him, unless the U.S. government enacts a complete ban on Iranian imports, the tariff’s impact will be minimal.

Parliament Speaker Mohammad Baqer Qalibaf said that the three branches of the Iranian government should facilitate investment for production by ensuring capital security in Iran.

TEHRAN - The head of Iran’s Planning and Budget Organization announced the launch of two comprehensive national programs titled "Investment for Production" and "Countering Sanctions," aimed at supporting the country's development and addressing current economic challenges.

TEHRAN - Iran's Shipping Association Secretary, Masoud Palmeh, expressed skepticism about India’s promised $220 million investment in Chabahar Port, stating that reports suggest India has only invested around $25 million to $80 million in the port. He stressed that it’s hard to believe even the lower figure of $25 million, as significant improvements in the port are not visible.