Iran’s National Iranian Oil Co. signed a $600-million contract to develop and operate the Madar gas field with Isfahan’s Mobarakeh Steel Co. and the Oil Industries Engineering and Construction Co. (OIEC), the company announced.
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Kazakhstan continues to seek imports of petrochemical products, including from Iran, despite its own investment in domestic production, according to Iran’s commercial attaché in the country.
Iran, Pakistan and Turkey have agreed with the Economic Cooperation Organization (ECO) to revive monthly freight services along the 6,540-km Istanbul–Tehran–Islamabad (ITI) rail corridor, aiming to cut trade times and boost regional competitiveness.
Iran's Commercial Attaché in Kazakhstan reported a rise in exports compared to imports in the first three months of the current Iranian calendar year.
South Korea's Ambassador to Iran, Kim Junpyo, and Iranian Deputy Foreign Minister Hamid Qanbari held a meeting to discuss ways to enhance bilateral relations.
A report published in the media has ruled out the cataclysmic scenarios envisioned for the Iranian economy after a potential return of the United Nations sanctions, a process known as the snapback that European parties to a 2015 deal on Iran’s nuclear program have vowed to trigger if the country fails to accept their demands.
Iran’s President Masoud Pezeshkian presided over a meeting on Wednesday that focused on the progress of initiatives to increase oil production capacity, collect flared gas, and secure essential goods for the country.
Iran exported non-oil commodities valued at $603 million to Pakistan during the first four months of the current Iranian calendar year (March 21-July 22), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
Iran’s exports to Africa rose 2.2 times in the first four months of the current Iranian calendar year (March 21- July 22), the head of the Africa Office at the Trade Promotion Organization (TPO) announced.
Iran’s Trade Promotion Organization (TPO) is aiming to boost exports of technical and engineering services to $4.5 billion by the end of the current Iranian year (late March 2026), an official said on Monday.
From the 14th government's incumbency to Tir (July 22), the Iranian Investment and Economic and Technical Assistance Organization approved 595 foreign investment projects worth $20.379 billion.
Iran's President Masoud Pezeshkian visited Armenia to strengthen bilateral relations in transport, infrastructure, and trade sectors, discussing strategic cooperation in transit corridors, regional connectivity, and economic partnerships.
Iran’s Trade Promotion Organization (TPO) and the Iran Chamber of Guilds (ICG) signed a cooperation agreement aimed at harnessing the capacity of guilds to expand the country’s exports.
Foreign Minister Abbas Araghchi says Iran is actively collaborating with China and Russia to prevent the reactivation of UN sanctions through the so-called “snapback” mechanism threatened by European countries.
Steel and petrochemicals are expected to account for 50 percent of the objectives set under Iran’s free trade agreement (FTA) with the Eurasian Economic Union (EAEU), Iranian officials said, highlighting the sectors’ pivotal role in boosting exports and activating trade opportunities in the region.
Chinese Ambassador Jiang Zaidong suggests Pakistan can expand the China-Pakistan Economic Corridor to Afghanistan and Iran, boosting connectivity and trade, and accelerating the strategic shift from geopolitics to geo-economics.
Iran and Kenya will hold their seventh Joint Economic Committee meeting from Tuesday for two days in the Kenyan capital, chaired on the Iranian side by the agriculture minister.
The Financial Intelligence Center reports that the Financial Action Task Force (FATF) has invited Iran for the first time in six years to lead negotiations.
The Makran region, strategically located along the Oman Sea coast, is crucial for Iran's economic and geopolitical stability, offering opportunities for sustainable development, investment, and technical and engineering exports.
Liquefied propane was the primary non-oil product exported by Iran in the first four months of the current Iranian calendar year, according to IRICA's head.
