Sunday, 14 September , 2025
  • Government Should Allocate Foreign Currency Only for Essential Goods 14 Sep 2025

    Government Should Allocate Foreign Currency Only for Essential Goods

    TEHRAN - The head of Iran’s Export Confederation has urged the Central Bank to refrain from imposing artificial exchange rates, stressing that government-supplied foreign currency should be limited to essential goods, while all other imports should be financed through export revenues.

Iran ready to resume flights to Syria: Civil aviation 08 Jan 2025

Iran ready to resume flights to Syria: Civil aviation

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.

Iran’s Competitive Edge in the Tajikistan Market Declines 07 Jan 2025

Iran’s Competitive Edge in the Tajikistan Market Declines

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.

Iran’s Foreign Trade Development Hinges on FATF Membership 07 Jan 2025

Iran’s Foreign Trade Development Hinges on FATF Membership

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.

Iran’s non-oil trade up 18% in nine months to December: Official 06 Jan 2025

Iran’s non-oil trade up 18% in nine months to December: Official

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.

Decline in Iran’s Transit Importance for Turkey 06 Jan 2025

Decline in Iran’s Transit Importance for Turkey

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."

Iran’s civil aviation welcomes proposed increase in flights from Saudi Arabia 06 Jan 2025

Iran’s civil aviation welcomes proposed increase in flights from Saudi Arabia

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.

Netherlands Emerges as Iran’s Third-Largest Trade Partner in the EU 05 Jan 2025

Netherlands Emerges as Iran’s Third-Largest Trade Partner in the EU

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.

Emphasis on Achieving 10m Tons of Transit Through the North-South Corridor 05 Jan 2025

Emphasis on Achieving 10m Tons of Transit Through the North-South Corridor

TEHRAN - A joint video conference was held on Saturday between Farzaneh Sadegh, Iran’s Minister of Roads and Urban Development, and Roman Starovoyt, Russia's Minister of Transport. The meeting aimed to discuss the memorandum of understanding for the construction of the Rasht-Astara railway and to enhance transport cooperation within the framework of the North-South Corridor.

Iran private sector operates 1st oil dock in South Pars 04 Jan 2025

Iran private sector operates 1st oil dock in South Pars

The first oil dock built by the Iranian private sector has become operational in Kangan located in the southern province of Bushehr.

Gasoline Production to Reach 130m Liters Per Day 04 Jan 2025

Gasoline Production to Reach 130m Liters Per Day

TEHRAN - The Deputy Minister of Oil announced an upcoming 1,000-kilometer expansion of crude oil and oil product pipelines across the country. By the end of this year, the total pipeline length will increase from 14,000 kilometers to 15,000 kilometers.