The Secretary-General of the Iran-Iraq Joint Chamber of Commerce has accused European nations, acting on behalf of the United States, of conducting a new "full-scale economic war" to systematically reduce Iran’s share of the Iraqi market and replace it with allied Arab countries.
Central Bank Governor Mohammadreza Farzin says that the bank views the private sector as the main driver of Iran’s economy and plans to support it through targeted credit and export incentives.
President Masoud Pezeshkian has voiced support for the private sector’s role in implementing economic reforms, saying his administration welcomes cooperation with business leaders to tackle structural challenges in the economy.
Trade between Iran and the Netherlands fell to about $500 million in 2024, down sharply from peaks of more than $5 billion before international sanctions were imposed, the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) said in a report published on Monday.
Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new Purchasing Managers’ Index (PMI) data for the fiscal month of Mordad (July 23 – August 22, 2025), showing a sharper contraction across the economy.
7 October 2025