Iran’s business activity remained in decline for a 20th consecutive month in the calendar month of Aban (October 23 – November 21, 2025), according to the latest Purchasing Managers’ Index (PMI) data released by the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA).
Private sector representatives from Iran and Kazakhstan signed nine cooperation documents during a visit by a large Iranian trade delegation to the Kazakh capital Astana.
Iran chamber of commerce president said on Thursday that bilateral trade with Kazakhstan, currently estimated at about $350 million, could rise several-fold in the short term if existing logistical and financial bottlenecks are addressed.
Iran Chamber of Commerce president says it is time for Tehran and Astana to move beyond traditional trade and pursue a strategic industrial and transit partnership, adding that the Iranian private sector was ready to turn negotiations into concrete projects and lasting regional cooperation.
Iran’s aluminum ingot production surpassed 410,000 tons in the first eight months of the current Iranian year, marking a slight 3% increase from the same period last year, according to the state mining development agency IMIDRO.
Albert R. Chimbindi, Zimbabwe’s deputy minister of foreign affairs and international trade, visited Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) where he met ICCIMA Vice President Qadir Qiafeh on December 8, 2025.
Iran and Zimbabwe should move toward joint investments and more consistent trade exchanges, the vice president of Iran Chamber of Commerce said, proposing the creation of a bilateral business council to advance shared economic priorities.
A business delegation from Iran Chamber of Commerce, led by its president, Samad Hassanzadeh, departed Tehran for Astana on Tuesday to expand commercial ties with Kazakhstan and sign three cooperation agreements worth more than 300 million euros.
The president of Iran Chamber of Commerce on Monday called on the government to take urgent steps to prevent an “alarming” rise in the tax burden on businesses before the draft budget for the next financial year is submitted to parliament.
Iran’s private sector is prepared to take a leading role in strengthening economic relations with Kazakhstan, a senior Iranian business official said ahead of an upcoming trade mission accompanying the president.