Tag: Economy
Iran-China MOU powers Maku Free Zone as new silk road gateway
TEHRAN- A memorandum of understanding (MOU) for cooperation has been signed between the Maku Free Zone Organization and a Chinese company, targeting strategic investments in energy, railways, automobiles, and mining.
Iran sets up economic war task force amid fighting with US
TEHRAN, Sep. 06 (MNA) – Iran’s economy ministry has set up a dedicated economic war headquarters to centrally identify wartime disruptions and find executive solutions.
Border rail exchanges proceeding uninterruptedly
TEHRAN- The Director General of Foreign Trade at the Islamic Republic of Iran Railways, emphasizing the normal and growing flow of exchanges across all 13 railway border crossings, has denied rumors about the suspension of transit operations and announced plans to double transit capacity at northeastern borders and develop ports connected to the rail network.
Media Diplomacy in Action: CIPCC 2026 Program Brings World to China
TEHRAN- The China International Press Communication Center (CIPCC) program officially commenced its second half of 2026 with an orientation session held on Friday morning at the Renmin University of China (RUC) in Beijing. This flagship initiative, initiated by the China Public Diplomacy Association (CPDA), continues to serve as a vital platform for practical cooperation between…
South Pars Phase 11 on verge of producing 1b cubic feet of gas
TEHRAN- South Pars Phase 11 has witnessed a significant production surge and simultaneous developmental progress during the 14th government. Production at Location B, which stood at around 400 million cubic feet per day during the 12th and 13th governments, has now exceeded 915 million cubic feet per day in the 14th government. According to the…
TCCIMA to dispatch trade delegation to Kazakhstan intl. oil, gas exhibition, conference
TEHRAN- The 30th Kazakhstan International Oil & Gas Exhibition and Conference (KIOGE 2026) will be held from September 30 to October 2, 2026 (8 to 10 Mehr 1405) in Almaty. The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) intends to dispatch a trade delegation consisting of economic activists and capable Iranian companies to…
Activating border crossings, expand mining capacity necessary in Ilam: industry minister
TEHRAN- The Minister of Industry, Mining and Trade emphasized the need to strengthen the Mehran border crossing and activate other crossings and border markets in Ilam, stating: “We must utilize the capacity of cross-border trade laws and, by developing border markets, increase the province’s share of the country’s trade.”
Oil minister details two-year achievements: flare gas up, exports unbroken, production rising
TEHRAN- Iran’s Oil Minister Mohsen Paknejad has reported significant progress in the country’s oil and gas sector during the first two years of the 14th government.
‘Forex, trade policies must be reviewed in line with current conditions’
TEHRAN- The Head of Iran’s Export Confederation, stating that the country’s foreign trade conditions are no longer comparable to the past following the recent imposed war and subsequent developments, said: “Under current circumstances, continuing past policies in the areas of exports, imports, and currency repatriation is no longer effective, and a review of forex and…
‘Arvand Martyrs Bridge is just beginning of a larger development path’
TEHRAN- The Secretary of the Supreme Council of Free Trade and Special Economic Zones, emphasizing the need to continue the development process in the Arvand Free Zone, stated that the inauguration of the Arvand Martyrs Bridge is not the end of a construction project, but rather the beginning of a larger path for implementing infrastructural,…