Chinese firms propose creation of smart industrial parks in Iran

TEHRAN – The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has signed a memorandum of understanding with the International Union of Small and Medium-Sized Enterprises of Shanghai to expand bilateral industrial and economic cooperation, including a proposal by Chinese companies to help establish a smart industrial park in Iran.

Water inflow into Iranian dams drop 40% amid dry autumn

TEHRAN – Water inflow into Iran’s dams has fallen by 40 percent since the start of the current water year (late September), reflecting the severe dry conditions that have gripped the country this autumn.

Iran to establish foreign investment promotion agencies

TEHRAN – The acting head of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) said the country will soon launch foreign investment promotion agencies to streamline licensing, residency, and currency-related procedures for international investors.

Over $20m invested in airport infrastructure development

TEHRAN – The managing director of the Iranian Airports and Air Navigation Company said more than 10 trillion rials (about $20 million) are being invested in major airport infrastructure projects across the country through BOT (Build–Operate–Transfer) partnerships with the private sector.

By Mahnaz Abdi

Uruguayan ambassador highlights sports, media as bridges to stronger Iran ties

TEHRAN – In a meeting focused on fostering bilateral relations, His Excellency Beraldo Roque Nicola Flaniguen, the Ambassador of Uruguay to Tehran, met with a representative from Tehran Times at the embassy on Sunday.

First scheduled freight train from Russia arrives at Iran’s Aprin dry port

TEHRAN – The first scheduled freight train from Russia arrived at Iran’s Aprin dry port on Saturday, marking a key milestone in expanding trade ties between Tehran and Moscow and paving the way for regular rail services connecting Iran, Russia, and Central Asian countries.

Over 700 domestic, foreign firms to attend Iran’s electricity industry exhibit

TEHRAN – The 25th Iran International Electricity Exhibition will be held from November 11 to 14 at Tehran’s Permanent International Fairgrounds, featuring 577 Iranian and 115 foreign companies.

Iran to open its 1st export capabilities exhibition in Turkmenistan on Nov. 20

TEHRAN – The first Iran Export Capabilities Exhibition in Turkmenistan will open on November 20 in Balkan Province, aiming to boost bilateral trade to $3.0 billion within three years, the Iran–Turkmenistan Joint Chamber of Commerce announced.

Iran opens trade development center in Shanghai, signs deal with Hangzhou trade council

TEHRAN – Iran inaugurated its Trade Development Center in Shanghai in a ceremony attended by Tehran Chamber of Commerce Chairman Mahmoud Najafi Arab and Secretary General Fereydoun Vardinejad, honoring Vardinejad for his role in strengthening Iran–China ties.