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Today 16:37
South Korea-Iran ties can be developed in various fields: South Korean ambassador
TEHRAN - South Korean Ambassador to Iran Kim Junpyo said that relations between South Korea and Iran can be developed in various fields relying on many communities between the two countries.
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Today 15:18
ICCIMA hosts OPEC training workshop on engineering services exports
TEHRAN - The first OPEC international training workshop on engineering and technical service exports opened at the place of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) on Tuesday, with a strong call for expanding Iranian companies’ participation in projects funded by the OPEC Fund for International Development. Iranian officials and business leaders presented this opportunity as a catalyst for enhancing the country’s technical service exports and diversifying its sources of foreign currency revenue.
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Today 15:12
Iran adds 600 MW of solar power, launches major renewable projects in 5 provinces
TEHRAN - Iran installed approximately 600 megawatts (MW) of solar power capacity in the past Iranian year (ending March 2025), marking a fourfold increase over the previous annual average of 150 MW, according to Alireza Parandeh Motlaq, deputy head of the Renewable Energy and Energy Efficiency Organization (SATBA).
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Today 15:08
Tehran, Tokyo voice readiness to expand trade relations
TEHRAN - In a meeting between the head of Iran’s Trade Promotion Organization (TPO) and a special representative of the Japan External Trade Organization (JETRO), both sides reaffirmed their interest in enhancing bilateral trade relations.
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Yesterday 15:18
Iran, Iraq emphasize expansion of railway, transit co-op
TEHRAN- During a meeting between Iranian Transport and Urban Development Minister Farzaneh Sadeq and Iraqi Prime Minister Mohammed Shia Al Sudani in Baghdad, the officials emphasized on development of railway and transit cooperation between the two countries.
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Yesterday 14:55
NIDC completes drilling of 20 onshore oil, gas wells in 2 months
TEHRAN - The National Iranian Drilling Company (NIDC) has completed the drilling and development of 20 onshore oil and gas wells during the first two months of the current Iranian year (March 20 – May 21), according to Shana.
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Yesterday 14:51
Annual trade surplus with Oman widens as exports rise, imports fall
TEHRAN - Iran’s exports to Oman increased in the previous Iranian year 1403 (March 2024–March 2025), while imports from the Arab country declined, boosting Tehran’s trade surplus with Muscat, according to data from Iran’s Customs Administration.
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2025-05-25 14:04
Transport minister visits Iraq to advance Shalamcheh-Basra railway
TEHRAN - Iran’s minister of transport and urban development has arrived in Iraq to strengthen bilateral transport cooperation, follow up on the Shalamcheh-Basra railway project, and coordinate maximum facilitation for Arbaeen pilgrims.
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2025-05-25 13:58
‘Algeria offers strategic gateway for expanding Iran’s trade with Africa, Europe’
TEHRAN - Algeria’s strategic position as a gateway to both Europe and Central Africa makes it an ideal platform for expanding Iran’s trade ties, said Saeed Zare’ Haghighi, head of Iran’s Trade Office in Algeria.
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2025-05-25 13:52
Train carrying solar panels from China arrives at Iran’s Aprin dry port
TEHRAN - The first train carrying solar panels from China arrived at Iran’s Aprin rail dry port on Saturday, marking a new phase in bilateral trade and renewable energy cooperation.
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2025-05-24 16:09
Sponge iron production rises 7% in a month on year
TEHRAN – Production of sponge iron in Iran rose seven percent in the first month of the current Iranian calendar year, Farvardin (March 21-April21), as compared to the first month in the previous year, As reported, 4.075 million tons of sponge iron was produced in Farvardin of this year, while the figure was 3.807 million tons in the same month of the past year.
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2025-05-24 16:08
‘Government’s strategy for renewable energies development continuously followed up’
TEHRAN- Iranian President Masoud Pezeshkian referred to the government's strategy for expanding renewable energies, and stated that the movement in this direction has begun and is being followed continuously and regularly in daily and weekly government meetings.
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2025-05-24 16:03
President, transport minister inaugurate, launch over 4,000 projects in country
TEHRAN- During an online ceremony at the place of Iran’s Ministry of Transport and Urban Development on Saturday, 4,219 projects in the fields of transportation, housing, and meteorology were inaugurated or launched in the presence of President Masoud Pezeshkian and Transport and Urban Development Minister Farzaneh Sadegh.
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2025-05-23 15:32
Tehran urges ECO members to share water efficiency expertise to tackle regional crises
TEHRAN - Iran’s Agriculture Minister Gholamreza Nouri Ghezeljeh, has called on member states of the Economic Cooperation Organization (ECO) to exchange experiences and strategies to boost water resource efficiency amid growing regional challenges such as climate change and water scarcity.
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2025-05-23 14:53
Iran, Russia advance free trade as Eurasian union finalizes roadmap with Iran
TEHRAN - The Eurasian Economic Union (EAEU) has finalized a roadmap to implement its newly effective free trade agreement with Iran, aimed at boosting direct business engagement and resolving regulatory hurdles.
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2025-05-23 14:39
Iran’s acting economy minister meets Islamic Development Bank president in Algiers
TEHRAN - Seyed Rahmatollah Akrami, Iran’s acting Minister of Finance and Economic Affairs, met with Islamic Development Bank (IsDB) President Muhammad Sulaiman Al Jasser, expressing Tehran’s commitment to deepening bilateral cooperation in pursuit of shared development goals.
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2025-05-21 15:31
Annual honey exports rise 20% despite policy hurdles
TEHRAN – Iran’s honey exports grew by 20 percent in the previous Iranian year (ended on March 20), according to the official in charge of the country’s beekeeping development plan. However, industry leaders warn that policy-related export barriers continue to threaten the sector’s survival.
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2025-05-21 15:24
Parliament backs investment facilitation in energy sector
TEHRAN - A member of Iran’s Parliament Energy Committee said the legislature is committed to easing regulations to attract both domestic and foreign investment in the oil and gas sector.
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2025-05-21 15:20
Iran, Turkmenistan sign roadmap targeting $3b in trade
TEHRAN – Iran and Turkmenistan signed a commercial roadmap on Tuesday aimed at boosting bilateral trade to $3.0 billion.
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2025-05-20 15:12
Iran, Turkmenistan to expand energy cooperation
TEHRAN - Iran’s Oil Minister and Turkmenistan’s Foreign Minister have emphasized deepening bilateral cooperation in the oil and gas sector and discussed avenues to broaden energy collaboration.
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2025-05-20 15:01
Iran offers to share mineral exploration, processing expertise with Afghanistan
TEHRAN - Iran’s Minister of Industry, Mining and Trade Seyed Mohammad Atabak has announced Tehran’s readiness to transfer technical expertise and experience in mineral exploration, extraction, and processing to Afghanistan.
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2025-05-20 14:52
Tehran, Moscow eye $10b trade target amid push for banking, logistics reforms
TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has called for financial and regulatory reforms to unlock a surge in bilateral trade with Russia, as the two countries seek to deepen economic ties following the signing of a 20-year strategic cooperation pact.
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2025-05-19 11:26
Iran exports non-oil goods worth $189m to Turkey in a month
TEHRAN- Iran exported non-oil commodities valued at $189 million to Turkey in the first Iranian calendar month of Farvardin (March 21-April 21), according to data from the Islamic Republic of Iran Customs Administration (IRICA).
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2025-05-19 11:25
Tehran, Baku urge acceleration of joint transit corridor projects
TEHRAN – Senior officials from Iran and Azerbaijan stressed the need to expedite the construction of key transit routes during a high-level meeting in Tehran, highlighting the strategic importance of enhancing connectivity between the neighboring countries.
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2025-05-19 11:25
Iran signals readiness to boost trade facilitation, data sharing with Asia-Pacific
TEHRAN – Iran’s Customs Administration is ready to actively contribute to trade facilitation, digital transformation, and data sharing initiatives across the Asia-Pacific region, the country’s top customs official said at a regional conference in Hong Kong.
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2025-05-18 12:55
Iran exports non-oil goods worth $124m to Pakistan in a month
TEHRAN- Iran exported non-oil commodities valued at $124 million to Pakistan in the first Iranian calendar month of Farvardin (March 21-April 21), according to data from the Islamic Republic of Iran Customs Administration (IRICA).
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2025-05-18 12:55
CBI says over $6.5b allocated for imports since March
TEHRAN – Iran’s central bank announced that more than $6.5 billion in foreign currency has been allocated to import goods and services since the beginning of the current Iranian year (starting March 20), as total commercial forex market transactions surpassed $3.9 billion.
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2025-05-18 12:55
Tehran, Jakarta begin talks on overseas farming cooperation
TEHRAN – Iran and Indonesia have launched initial discussions on joint overseas farming projects, according to a member of Iran’s parliamentary delegation at the 19th Islamic Inter-Parliamentary Conference.
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2025-05-17 15:01
Monthly steel ingot output rises 4.6% on year
TEHRAN – Production of steel ingot in Iran increased by 4.6 percent during the first month of the current Iranian calendar year, Farvardin (March 21-April21), as compared to the first month in the previous year.
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2025-05-17 14:52
Iran's annual oil exports hit $67b, highest in a decade: CBI
TEHRAN - Iran exported $67 billion worth of oil in the Iranian calendar year 1403 (ended on March, 20, 2025), marking its highest oil revenue in the past decade, according to estimates by the Central Bank of Iran (CBI).