TEHRAN - The acting Deputy for Commercial Services at Iran’s Trade Promotion Organization (TPO) has emphasized the importance of boosting exports from Khuzestan Province to Kuwait, describing the neighboring country as a key trade partner with strong potential for expansion.

TEHRAN – Oil Minister, Mohsen Paknejad, announced that the country’s gas flaring recovery capacity will rise by approximately 295 million cubic feet per day (mcf/d) by the end of the Iranian calendar year 1405 (March 2027), following the signing of 12 new contracts aimed at capturing associated petroleum gas.

TEHRAN - The head of the Iran–France Joint Chamber of Commerce has stated that France’s internal political instability has had a greater negative impact on trade between the two countries than international sanctions.

TEHRAN - Minister of Economic Affairs and Finance, Seyed Ali Madanizadeh, has called on the heads of the country’s free trade and industrial zones to “think big,” urging them to attract $10 billion in investment within the next three years in each zone.

TEHRAN - Iran and Oman are on track to achieve an unprecedented level of bilateral trade by the end of the current Iranian year (March 2026), with forecasts suggesting that total exchanges between the two nations could exceed $2.5 billion, according to the Iran–Oman Joint Chamber of Commerce.

TEHRAN - The 27th Iranian Steel Industry Conference officially began on Tuesday on Kish Island, bringing together leading producers, researchers, experts, and industrialists from across the country to discuss the future of Iran’s steel sector.

TEHRAN - The Governor of Sistan and Baluchestan, Mansour Bijar, announced that the Chabahar–Zahedan railway project is nearing completion and will be operational by the end of the year, marking a major step toward strengthening trade and transit infrastructure in southeastern Iran.

TEHRAN - Vice President and Head of the Plan and Budget Organization, Seyed Hamid Pourmohammadi, announced that all of the government’s oil revenues are being used to import essential goods and medicine, as part of an effort to safeguard household welfare amid declining oil prices. He also confirmed that a new version of the electronic voucher (Kalabarg) program will be launched experimentally in November to improve the government’s system of direct economic support.

TEHRAN - The Assistant to the Foreign Minister and Director General for the Americas announced that Iran’s Ministry of Foreign Affairs is fully prepared to support women entrepreneurs and business leaders and to facilitate their economic activities.

TEHRAN - The Managing Director of the National Iranian Gas Company (NIGC), Saeed Tavakkoli, announced that no general increase in gas tariffs is planned, stressing that adjustments will only affect households with excessive consumption. He also confirmed the continuation of gas negotiations with Russia and Turkmenistan aimed at regional energy cooperation and supply balance.