TEHRAN - Iranian businesses can expand in African markets despite Western sanctions if they combine market knowledge with flexible financing, according to Masoud Barhaman, head of the Iran–Africa Joint Chamber of Commerce.

TEHRAN - The Economic Cooperation Organization (ECO), home to over half a billion people and rich in energy and mineral resources, currently accounts for less than 5% of global trade, with intra-regional trade comprising only 8% of member states’ total exchanges. In an exclusive interview with Tasnim News Agency, ECO Secretary-General Asad Majeed Khan revealed that the organization is developing a Strategic Vision 2035 aimed at reducing customs barriers, enhancing connectivity, and potentially introducing a common currency to strengthen economic cooperation.

TEHRAN - Minister of Roads and Urban Development, Farzaneh Sadegh, announced that Iran and Pakistan will finalize a roadmap to expand bilateral trade to $10 billion within the next three months.

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 head of the Iran–Turkey Joint Chamber of Commerce announced that the country's foreign exchange reserves and trade situation remain favorable, stating that contrary to enemies' expectations, the recent conflict has not disrupted production and trade.

TEHRAN - The Secretary-General of the Iran-Iraq Joint Chamber of Commerce announced that trade between Iran and Iraq remains stable and uninterrupted, despite the recent escalation of tensions between Iran and the Israeli regime.

TEHRAN - The Governor of the Central Bank of Iran stressed the critical role of financial exchanges in achieving economic development and announced new initiatives aimed at expanding monetary ties with Eastern countries, selling foreign currency bonds, and reforming the nation's credit system.

TEHRAN - The President of the Iran-Japan Joint Chamber of Commerce has confirmed that Japan strictly adheres to the provisions of international sanctions, leading to minimal official trade figures between the two nations. A significant portion of Iran-Japan commerce is now conducted through intermediary countries.

TEHRAN - In a recent statement, Mousa Aqaee, the head of the Iran-Uzbekistan Joint Chamber of Commerce, highlighted the persistent challenges posed by sanctions and banking issues, asserting that as long as these obstacles remain, Iran cannot take significant strides in foreign trade. The remarks were reported by the Iranian state news agency IRNA, citing the Chamber of Commerce, Industries, Mines, and Agriculture of Iran.

Iran intends to increase its trade volume with the EAEU from $3.6bn to $10.