TEHRAN - Kazem Jalali, Iran’s Ambassador to Russia, announced that Moscow has finalized nearly $5 billion of an expected $8 billion investment in Iran’s gas industry. The remaining agreements are progressing toward finalization, he said during a meeting with prominent Russian Iranologists at the Iranian Embassy in Moscow.

Sadegh said ECO’s regional collaboration should be leveraged to promote economic development to the benefit of regional peoples.

TEHRAN - The Kish Free Zone Organization has achieved a historic milestone in investment attraction, securing a record-breaking amount over the past six months equivalent to the total of the previous three years combined.

TEHRAN - The Iranian private sector is poised to increase investment in Iraq as bilateral efforts intensify to enhance economic cooperation. This momentum was marked by the launch of the Iran-Iraq Trade Policy Council under the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), signaling a strategic commitment to expanding joint ventures and trade relations between the two neighbors.

TEHRAN - Iran is committed to expanding its trade cooperation with Turkey, emphasized Adel Najafzadeh, head of the Iran-Turkey Parliamentary Friendship Group, during a high-level meeting with his Turkish counterpart in Ankara on Friday.

TEHRAN - Iran is lagging behind in the global mining landscape due to its minimal presence in overseas mining operations, a weakness that could prove critical in today’s shifting geopolitical and economic climate, warned Mohammadreza Bahraman, Vice President of Iran’s Chamber of Commerce and Head of the Iran Mine House.

TEHRAN - During the Iran-Oman Business Opportunities Conference in Muscat, the President of Iran’s Chamber of Commerce, Industries, Mines and Agriculture, Samad Hassanzadeh, presented seven strategic proposals aimed at deepening economic cooperation between the two nations. Stressing the vast untapped potential in both countries, he prioritized joint investment projects as the most effective path forward.

TEHRAN - Iran has set a regional record in narcotics seizures, announced the head of the Islamic Republic of Iran Customs Administration (IRICA), Faroud Asgari, during a key summit of Economic Cooperation Organization (ECO) customs chiefs held in Tehran.

TEHRAN - In a recent high-level meeting in Tehran, Qasem Karimi, President of the Urmia Chamber of Commerce, met with Manjurul Karim Khan Chowdhury, Ambassador of the People's Republic of Bangladesh to Iran, to discuss expanding economic, trade, and industrial cooperation between West Azerbaijan Province and Bangladesh.

TEHRAN - Iran has seen a 42% increase in its industrial exports to Russia, according to the Islamic Republic’s trade counselor in Moscow. While agricultural products had traditionally dominated Iran’s exports to Russia, this trend has shifted over the past three years as Russian importers have become more familiar with the capabilities of Iran’s industrial sector.