A New Chapter in Tehran’s Rail Diplomacy

Iran Sends Its First Domestic Freight Train to Central Asia

EconomyIran has entered a new phase of regional rail diplomacy with the dispatch of its first freight train — fully composed of domestically built wagons — to Uzbekistan. The move marks a turning point that could reshape Tehran’s role in the East–West corridor and strengthen its position in Central Asian transit routes.

Iran, Turkey aim for $10 billion trade volume

EconomyIranian Minister of Industry, Mine and Trade Mohammad Atabak has announced plans to increase bilateral trade between Iran and Turkey by $2 billion in the coming year, targeting a total trade volume of $10 billion.

Agriculture minister arrives in Moscow for grain and livestock feed talks

EconomyAgriculture Minister Gholamreza Nouri Ghezeljeh arrived in Moscow on Wednesday for a two-day visit aimed at expanding agricultural cooperation, including trade in grains and livestock feed.

Iranian ambassador: Revival of previous UN Security Council resolutions ineffective

EconomyIranian Ambassador to Italy Mohammad Reza Sabouri deemed the move by three European countries to reinstate the repealed resolutions against Tehran devoid of legal, logical, and moral justification, and emphasized that this claim is legally and politically invalid and ineffective, and does not create any new obligations for Iran.

Iranian ambassadors meet foreign minister Araghchi in Mashhad

EconomyAmbassadors to several neighboring countries have met with Foreign Minister Seyyed Abbas Araghchi in Mashhad, northeastern Iran.

Economic diplomacy is only solution to tackle sanctions: Araghchi

EconomyForeign Minister Abbas Araghchi has stressed that the solution to confronting sanctions is economic diplomacy, and said that so a deputy has been formed in the Ministry of Foreign Affairs for this reason, and provincial diplomacy conferences are also held in this regard.

Iran elected to chair executive board of Gas Exporting Countries Forum

EconomyIran’s representative has been elected as the chair of the executive board of the Gas Exporting Countries Forum (GECF)

Iran establishes its first offshore weather station in Caspian Sea

EconomyThe Islamic Republic of Iran has established its first offshore marine meteorological station on the Amir-Kabir semi-submersible drilling rig in the Caspian Sea.

Russian deputy PM hails Iran’s engineering work on Rasht-Astara railway

EconomyRussian Deputy Prime Minister Alexei Overchuk praised Iran’s “precise and committed” engineering work on the Rasht-Astara railway, calling it a key element in expanding regional transport links among Iran, Russia, and Azerbaijan.

Iran and Pakistan set $10 billion trade target

EconomyMinister of Industry, Mine, and Trade Mohammad Atabak says Iran and Pakistan have set a target to increase bilateral trade exchanges to $10 billion a year.

Iran’s exports to Africa hit record high in Q1: Official

EconomyThe head of the Africa Department at the Trade Promotion Organization (T.P.O.) says Iran’s trade with Africa has seen significant growth this year, with exports and imports both increasing overwhelmingly.

Iran, Tajikistan sign MoU to facilitate railway transit

EconomyIranian and Tajik officials have signed a memorandum of understanding (MoU) that will boost cooperation between their countries in railway transit.

President Pezeshkian vows to step up efforts to implement Leader’s directives

EconomyPresident Masoud Pezeshkian says his administration will do utmost to eliminate obstacles hindering production in Iran, ensuring that the directives of Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei would be fully realized.

IKCO management handed over to consortium of non-governmental shareholders

EconomyToday, we are proud to announce that, with the trust of the government of the Islamic Republic of Iran and the decision of the assembly of shareholders of IKCO Industrial Group, the management of IKCO has been handed over to a consortium of non-governmental shareholders who own the majority of the company’s shares for many years.

Iran’s oil output to rise by 40,000 bpd with new desalination plant in Ahvaz

EconomyIran’s oil production capacity is set to rise by 40,000 barrels per day (bpd) following the launch of a desalination plant in the country’s southwest, Oil Minister Mohsen Paknejad has announced.

VTB to become first Russian bank to open branch in Iran

EconomyRussia’s second largest bank, VTB, has said it is scheduled to convert its Tehran office into a branch.

CBI chief: Iran-Russia monetary agreement becomes operational

EconomyGovernor of the Central Bank of Iran (CBI) Mohammad-Reza Farzin announced that the monetary agreement between Iran and Russia has become operational.

Iran, Iraq call for enhanced cooperation in electricity industry

EconomyIran’s Energy Minister Abbas Aliabadi and Iraq’s Minister of Electricity Ziad Ali Fadel have underscored the importance of expanding cooperation in the electricity sector.

Gen. Soleimani followed path of ‘the righteous’: Iraqi PM

EconomyIraqi Prime Minister Mohammed Shia al-Sudani has paid tribute to the late Lieutenant General Qassem Soleimani, hailing Iran’s legendary commander as a “man of God” who stood firm by the Iraqi nation during its most challenging times.

Iran’s civil aviation welcomes proposed increase in flights from Saudi Arabia

EconomyThe Civil Aviation Organization of Iran has expressed its support for a proposal to increase the number of flights from Saudi Arabia to Iran as part of bilateral agreements.

Iran’s cenbank refutes claims of reduced reserves, import issues

EconomyThe Central Bank of Iran (CBI) has dismissed claims about a reduction in foreign currency reserves and the inability to support imports until the end of the Iranian calendar year on March 20.

Iran rejects decline in crude oil export

EconomyThe CEO of National Oil Company stressed that the news of Iran's crude oil export decline published online is false and unreal.

Iran ready to share agricultural technology with Uzbekistan: Minister

EconomyIranian Minister of Agriculture Gholamreza Nouri Ghezeljeh has stated that the Islamic Republic of Iran is prepared to enhance cooperation with Uzbekistan in sharing agricultural experiences and technology.

Al Mayadeen: No change in Syria battlefield map in past three days

EconomyLebanon’s Al Mayadeen news network has dismissed reports of further advance by terrorist groups fighting the Syrian government, saying that the battlefield map has not changed in the past three days.

Iranian, Saudi FMs discuss Syria developments

EconomyIran’s Foreign Minister Abbas Araghchi has met with his Saudi counterpart Faisal bin Farhan Al Saud, discussing developments in West Asia, including the ongoing fighting in Syria.

Minister: Iran plans to organize cryptocurrencies not limiting them

EconomyIran’s Minister of Economic Affairs and Finance Abdolnaser Hemmati has said that the government intends to organize digital currencies and cryptocurrencies instead of putting limitations on them.