A senior Iranian business leader said on Tuesday that trade between Iran and Armenia could reach $1 billion by the end of 2025, citing strong bilateral cooperation and ongoing infrastructure projects.
Chambers of commerce of Iran and Armenia have agreed to establish a mechanism for direct communication aimed at improving the exchange of commercial and economic data.
An Iranian business delegation led by Mohammadreza Bahraman, vice president of Iran Chamber of Commerce, met with Armenia’s deputy head of the State Revenue Committee in Yerevan to discuss ways to streamline border and customs procedures.
The head of Iran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the resumption of direct talks between Tehran and the Financial Action Task Force (FATF) after six years, calling it a “ray of hope” for the country’s private sector.
A 96-member business delegation from Iran departed for Yerevan on Sunday, led by Mohammadreza Bahraman, vice president of Iran Chamber of Commerce.
Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Tir (June 22 – July 22, 2025) which has remained below the 50 threshold that separates growth from decline.
Iran’s First Vice President Mohammadreza Aref said on Friday that Tehran is ready to expand private sector-driven exchanges with Eurasian countries, including through barter trade, after attending a regional meeting in Kyrgyzstan.
Iran Chamber of Commerce, Industries, Mines, and Agriculture is drafting a foreign trade program that will set the body’s priorities once approved by its board, the chamber’s vice president, Qadir Qiafeh, said on Tuesday.
Iran’s petrochemical industry will require $24 billion in investment to meet its expansion targets under the country’s seventh development plan, a senior oil ministry official said on Tuesday.
Iran earned $7 billion from tourism in the year to March 2024, just 33% of the $21 billion goal set under its sixth development plan, the Iran Chamber of Commerce said in a report on Sunday.