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.
Iran’s Chamber of Commerce will dispatch a trade delegation to Armenia in the coming days ahead of a planned high-level visit by senior Iranian officials to the country.
Iran’s state-run shipping company, the Islamic Republic of Iran Shipping Lines (IRISL), has risen three places to rank as the world’s 16th largest container carrier, according to industry tracker Alphaliner.
Iran’s Chamber of Commerce president says that boosting exports in the information and communications technology (ICT) sector is a strategic necessity for Iran to overcome economic bottlenecks and reduce reliance on traditional oil and raw material exports.
A key committee of Iran’s parliament has approved a motion to reform the country’s national currency by removing four zeros from the rial and reviving an old currency subdivision known as the qiran, a senior lawmaker said on Sunday.
Iran’s non-oil trade reached more than $34.17 billion in the first four months of the current Iranian calendar year, despite a drop in trade value compared to the same period last year, the country’s customs office said on Wednesday.
The volume of trade between Iran and Turkey exceeded $2.2 billion in the first quarter of the Iranian calendar year (March 21 – June 21, 2025), according to a report by Iran’s Trade Promotion Organization (TPO).
Iran’s agriculture sector grew 3.2% in the Iranian calendar year ending March 2025, driven by a 32% rise in agricultural exports and a $3 billion improvement in the sector’s trade balance, Agriculture Minister Gholamreza Nouri Qezeljeh said.