Iran Chamber Newsroom

Chamber head says Iran-Kuwait trade talks after 12-year gap mark turning point

The resumption of a joint Iran-Kuwait trade commission after 12 years marks a turning point in economic relations between the two countries and signals renewed political will to deepen cooperation, the head of the Iran-Kuwait Joint Chamber of Commerce said.

Joint Chambers

First Iran-Kuwait transit shipment crosses Iraq under TIR convention

Iraq’s General Authority of Customs said on Wednesday that the first international transit shipment from Iran to Kuwait has entered Iraq under the TIR convention and is en route to Kuwait via the Safwan border crossing.

Transportation

Iran submits new budget bill to parliament, cuts oil reliance

President Masoud Pezeshkian submitted the government’s budget bill for the next fiscal year to parliament on Tuesday, a proposal some lawmakers have described as the most contractionary in the country’s history, aimed at curbing inflation and moving toward a zero budget deficit within two years.

Iran Economy

Iran’s state news agency pledges support for chambers of commerce

The chief executive of Iran’s state IRNA news agency says one of the news agency’s key missions is to support chambers of commerce by amplifying their views to both the public and policymakers.

Iran Chamber

Iran, Austria maintain pharmaceutical trade despite sanctions, chamber head says

More than half of Iran’s trade with Austria is concentrated in pharmaceuticals, medical equipment, hospital supplies and food products, sectors that still have room for growth despite Western sanctions, the head of the Iran-Austria Joint Chamber of Commerce said.

Joint Chambers

Tabriz Tile Group earns honorable mention at International Design Awards

An exhibition booth by Iran’s Tabriz Tile Group has received an honorable mention at the 2025 International Design Awards (IDE), marking the first such recognition for Iran’s tile and ceramic industry.

Mine and Industry

Iran private sector urges deeper trade ties with Uzbekistan

A board member of Iran Chamber of Commerce has called for stronger private-sector engagement, easier trade procedures and improved export infrastructure to boost economic exchanges between Iran and Uzbekistan.

Iran Chamber

Iran private sector eyes joint cooperation with Austria in renewable energy projects

Iran’s private sector has expressed interest in expanding cooperation with Austria in renewable energy and green projects.

Iran Chamber

Iran chamber chief backs new three-tier gasoline pricing system

The president of Iran Chamber of Commerce, Industries, Mines and Agriculture on Monday voiced support for the country’s newly introduced three-tier gasoline pricing system, saying it led to a sharp fall in fuel consumption on its first day of implementation and was carried out without disruption.

Iran Chamber

Iran issues permits for 100,000 MW of solar power projects

Iran has issued construction permits for about 100,000 megawatts of solar power capacity to encourage private sector investment, a senior official at the country’s renewable energy agency said on Sunday.

Energy