TEHRAN - The head of the Iran–Turkmenistan Joint Chamber of Commerce has announced plans to increase bilateral trade between the two neighboring countries to $3 billion over the next three years.

TEHRAN - The Managing Director of Iran’s Ports and Maritime Organization (PMO) has announced broad plans to advance the country’s maritime economy policies, attract both domestic and foreign investment, and ease regulations. He confirmed that investment memorandums with several CIS countries have been finalized, with some contracts set to be signed soon.

TEHRAN - The inaugural session of the Sakura Summit, held at Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), witnessed a key proposal: the creation of a dedicated business platform to link Iranian and Japanese companies, particularly small and medium-sized enterprises (SMEs). Organizers believe the initiative could open the way for closer commercial cooperation between the two countries.

Ali Alizadeh, the ambassador of the Republic of Azerbaijan to Iran in Baku, has announced that Azerbaijan Airlines will resume its Baku-Tehran-Baku flights starting this Saturday.

TEHRAN - Iran’s Deputy Oil Minister and Managing Director of the National Petrochemical Company, Hassan Abbaszadeh, said that the plastic crisis is a global responsibility, but its burden must be shared in proportion to each country’s contribution and technological capabilities.

TEHRAN - The second International Conference on Cooperative Economics was held in Tehran with the participation of senior government officials, international organizations, and foreign ambassadors. The event highlighted the pivotal role of cooperatives in driving social and economic justice, sustainable development, and environmental protection.

TEHRAN - The managing director of Iran’s National Petrochemical Company (NPC) announced that in the first year of the 14th government, the country produced 32 million tons of petrochemical products. Of this total, 13 million tons worth $5.5 billion were exported, while 7 million tons valued at $4 billion were sold in the domestic market.

TEHRAN - Energy Minister, Abbas Aliabadi, told parliament that the country’s most pressing challenge in the water and electricity sectors is fundamentally economic. Addressing lawmakers during an open session of the Majles, he said structural financial imbalances have prevented timely payments to contractors and investors, discouraged new capital formation, and fueled inefficient growth in consumption.

TEHRAN - The head of the Iran-China Chamber of Commerce has dismissed reports that Iranian oil revenues are blocked in China, stressing that trade between the two countries continues to grow despite U.S. sanctions.

The administration launched dozens of infrastructure, industrial, educational, and service projects across the country.