Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin left Tehran for Yekaterinburg, Russia, to meet with the Governor of the Central Bank of Russia and continue negotiations to advance monetary and banking cooperation between Iran and Russia, as well as to consult on the continuation of cooperation between the two countries in the BRICS group.

TEHRAN - In a significant boost to Iran’s investment climate, an Omani investor has committed $90 million to a project in Kerman, according to Samad Hassanzadeh, President of the Iran Chamber of Commerce. Speaking at a seminar on arbitration and dispute resolution in contracts, Hassanzadeh announced that both phases of the project are now operational, underscoring the security of investments in Iran.

TEHRAN - The Iranian Minister of Industry, Mines, and Trade has proposed the establishment of a joint technology park among the Caspian Sea littoral states to facilitate knowledge sharing in the industrial sector.

The Deputy President for Parliamentary Affairs announced the submission of a bill on an agreement between the government of the Islamic Republic of Iran and the government of the Russian Federation on mutual recognition of authorized economic operators’ programs to the Islamic Consultative Assembly.

TEHRAN - The CEO of Iran's International Exhibitions Company has emphasized that holding the Eurasia Trade Exhibition is one of the best marketing strategies for showcasing export capabilities.

TEHRAN - Iran’s polymer industry is setting ambitious export goals, aiming to increase overseas sales to $1 billion, with a specific focus on securing a $300 million share in the African market.

The economy minister says Iran’s measures helped it see positive economic growth and ever-expanding cooperation with various countries in the region and the world.

TEHRAN - According to Mohammad Reza Pour-Ebrahimi, a former member of parliament, an estimated $40 to $50 billion in foreign currency is held by Iranian households. He stated that if these funds were directed into production sectors, they could significantly address Iran’s financial needs.

TEHRAN - In a joint meeting between the President of Iran’s Chamber of Commerce and Kazakhstan’s Minister of Trade, officials emphasized the necessity of resolving banking and transportation issues as key prerequisites for achieving the targeted $3 billion trade volume between the two nations.

A Russian export official says Iranian President Masoud Pezeshkian’s January trip to Russia has removed trade barriers between the two countries.