Iran has suspended planned electricity cuts for its industrial sector following a slight rise in temperatures and improved natural gas supplies to power plants, a senior energy official said on Monday.
A senior official at Iran Chamber of Commerce voiced support for the government’s new foreign exchange policies, including scrapping preferential rates for basic goods and redirecting subsidies directly to consumers, saying the reforms could improve transparency and curb corruption in the long run.
Iran plans to inject 1,400 trillion rials in bank financing into its industrial and agricultural sectors, a senior economy ministry official said, as the government seeks to ease pressure on businesses amid difficult economic conditions.
Bushehr Chamber of Commerce, Industries, Mines, and Agriculture in southern Iran is scheduled to dispatch a trade delegation to Agritec Africa 2026 due to be held in Johannesburg, South Africa, on March 10-17.
Economy minister says the government’s move to unify the exchange rate and scrap preferential currency allocations was a long-standing demand of the private sector and would ultimately support production and boost national income.
The Research Center of Iran Chamber of Commerce has warned that proposed budget policies risk intensifying pressure on small and medium-sized enterprises (SMEs), arguing that fiscal and tax measures are misaligned with the realities facing businesses.
The head of Iran Chamber of Commerce mining commission said the government should focus on reforming laws to support businesses rather than distributing a 7,000 trillion rials ($4.5 billion) support package, arguing that cash aid risks reinforcing rent-seeking and corruption.
Minister of Cultural Heritage, Tourism, and Handicrafts, Reza Salehi Amiri, has stated the government’s definitive policy is to keep the "shadow of taxation away from the field of tourism."
Vietnam Chamber of Commerce and Industry has invited Iranian companies to participate in an upcoming trade event in the country.
Iran’s tourism industry has urged authorities to pursue the recognition of force majeure conditions following recent domestic and international political developments that have severely disrupted inbound travel, a senior chamber of commerce official said.