Iran exports 50.7 million tons of petchem products in nine months

Iran’s exports of petrochemical products have totaled 50.7 million tons worth $19.7 billion in the first nine months of the country’s current calendar year (March 20 – December 20), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

Iran Vision 2051 in focus - 1

Iranian businessman highlights public’s role in execution of next vision plan

An Iranian businessman and private sector operator has emphasized the importance of public involvement in realizing Iran’s long-term economic goals, as the country prepares for drafting a new vison plan ahead of the expiration of a 20-year document next year.

Iran-EU trade totals €3.77 billion in first ten months of 2024: Eurostat

Trade between Iran and the European Union amounted to €3.77 billion from January to October 2024, marking a 1% decline compared to the same period in 2023, according to data from Eurostat, the EU’s statistical office.

Iran’s steel production hits 28 million tons in 11 months

Iranian steelmakers produced 28 million tons of crude steel in the first 11 months of 2024, marking a 0.5% increase compared to the same period in 2023, according to the latest report by the World Steel Association (WSA).

EAEU grants Iran observer status

Leaders of the Eurasian Economic Union (EAEU) countries have decided to grant Iran observer status at the bloc.

Iraq approves land transit route for Iranian exports to Kuwait

The Iraqi government has granted preliminary approval for the transit of Iranian goods to Kuwait through its territory, according to Amin Fartousi, a board member of the Iran-Kuwait Joint Chamber of Commerce.

Iran’s private sector highlights public trust in drafting development plan

The President of Iran Chamber of Commerce, Industries, Mines, and Agriculture has highlighted the need to prioritize social capital and public trust in government policies while drafting the country’s new development strategy.

Russia expects Iran-EAEU free trade deal to launch in 2025

Russian Deputy Prime Minister Alexey Overchuk has said that the free trade agreement between the Eurasian Economic Union (EAEU) and Iran is expected to be implemented in 2025.

Iranian businessman warns of risks in free trade agreement with EAEU

Abdollah Mohajer Darabi, Vice Chairman of the Iran-Russia Joint Chamber of Commerce, has cautioned about the potential risks of a Free Trade Agreement (FTA) between Iran and the Eurasian Economic Union (EAEU).

Iranian parliament approves general outline of FTA with EAEU

Lawmakers in Iran’s parliament have approved the general outline of a bill endorsing a free trade agreement between the Islamic Republic of Iran and the Eurasian Economic Union (EAEU).