Auto parts, accessories exhibition running in Shiraz

TEHRAN- The 25th International Exhibition of Auto Parts, Accessories and Assemblies opened on Tuesday afternoon at the permanent venue of Fars International Exhibitions, with the participation of 120 manufacturing and distribution companies across an area of 4,500 square meters, aiming to showcase domestic production capabilities, strengthen the supply chain, and attract investment.

TPO pledges to resolve banking, currency challenges facing technical-engineering services exporters

TEHRAN- Mohammad Ali Dehghan Dehnavi, Deputy Minister of Industry and Head of Iran’s Trade Promotion Organization (TPO), met with the Iranian Association of Technical and Engineering Services Exporters to address sector challenges.

Oil ministry, private sector meet to tackle winter gas supply, energy challenges

TEHRAN- The consultative meeting on the importance of sustainable natural gas supply in the cold season, the challenges facing the energy sector, and their effects on the country’s economic and industrial activities was held on Tuesday, with the participation of Hamid Bovard, Acting Oil Minister; Saeed Tavakoli, CEO of the National Iranian Gas Company; Mohammad Sadegh Azimifar, CEO of the National Iranian Oil Refining and Distribution Company; and the president and board members of the Tehran Chamber of Commerce, Industries, Mines and Agriculture.

Iran, Pakistan ministers stress facilitating goods transit, expanding trade cooperation

TEHRAN- Iran’s Minister of Economic Affairs and Finance and Pakistan’s Minister of Commerce, on the sidelines of the 42nd session of the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation in Istanbul, reviewed solutions for developing economic and trade relations between the two countries, facilitating goods exchanges, and removing transit obstacles at shared borders.

Imports through northern sea borders increase by 76%

TEHRAN- The Minister of Transport and Urban Development said: In the first six months of the year, despite the closure of the southern ports, a 76% increase in imports through the country’s northern sea borders was recorded.

By Mahnaz Abdi

Iran, Turkey agree to remove transit barriers, develop border cooperation

TEHRAN- Iran’s Minister of Economic Affairs and Finance and Turkey’s Minister of Trade, on the sidelines of the 42nd session of the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) in Istanbul, reviewed solutions for developing economic and trade cooperation, facilitating truck traffic and the transit of goods and services, and removing existing obstacles at the shared borders.

Vietnamese ambassador to Iran pays working visit to Kashan, Isfahan province

TEHRAN- On 31 October and 1 November 2026, Vietnamese Ambassador to Iran Nguyen Luong Ngoc paid a working visit to Kashan, Isfahan Province. During the visit, he met with Mr. Mojtaba Raei, the governor of Kashan, and toured local rosewater and carpet production facilities.

Iran-Brazil $10-billion trade targeted

TEHRAN- The Deputy for International Affairs of the Federation of Transport and Logistics, referring to the target of $10 billion in trade between Iran and Brazil, said: “In recent years, the volume of trade exchanges between the two countries has been on an upward trend, and Brazil’s economic capacities, especially in supplying basic goods and agricultural products, have provided a suitable basis for expanding trade cooperation.”

Iran’s export to Turkey rises 59% in H1

TEHRAN- Director General of the West Asia and Africa Office of the Iran Trade Promotion Organization, while describing Iran’s trade trend with some West Asian countries as positive, announced a 59 percent growth in Iran’s exports to Turkey in the first six months of the current Iranian calendar year (March 21-September 21), compared with the same period last year.

Transferring knowledge to farms drives Iran’s sustainable food security

TEHRAN- At a World Food Day conference in Tehran, hosted by the Agricultural Research, Education and Extension Organization (AREEO) and the Ministry of Agriculture, senior officials stressed that scientific research must be linked directly to the real needs of agricultural producers.

Tehran Chamber to send trade delegation to China’s CIIE to expand Iran-China trade

TEHRAN- Concurrent with the 9th China International Import Expo (CIIE), to be held in Shanghai from November 5 to 10, the Tehran Chamber of Commerce will send a trade delegation consisting of traders and businessmen and capable Iranian companies to China.

Supplying, distributing goods not disrupted even for a single day: TCCIMA head

TEHRAN- The head of the Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) said: “As confirmed by the President, the private sector provided the greatest assistance to the government and did not allow the process of supplying and distributing goods to be disrupted even for a single day.”

Upgrading, safety improvements performed on 4,700km of secondary, rural roads across country

TEHRAN- The Director General of the Office for Secondary and Rural Roads Affairs of the Road Maintenance and Transportation Organization said: “This year, upgrading and asphalt overlay operations have been carried out on 4,699 kilometers of secondary and rural routes.”

Iran-Africa trade increases 66% in 9 months

TEHRAN- The Minister of Agriculture, referring to the trend of trade exchanges between Iran and African countries, said: “According to customs exchange statistics, Iran’s trade with Africa in the first nine months of the past Iranian calendar year 1404 (March 21-December 21, 2025) reached about 940 million dollars, which shows a 66 percent growth compared to the same period in the preceding year.”

Production leap in South Azadegan achieved by launching largest oil processing center

TEHRAN- Completion of the South Azadegan processing facilities raised West Karun capacity and transformed oil production.

Iran's economy has capacity to overcome war pressures: economic analyst

TEHRAN- An economic analyst, emphasizing Iran's economic capacity to overcome the pressures caused by war and to revive production and employment, stated: "Erosive bureaucracy and delays in decision-making have prevented the utilization of the country's economic power."

Reconstruction of residential units damaged in war to be finished in 1 month

TEHRAN- The head of the Islamic Revolution Housing Foundation, Manouchehr Khajeh Dalouei, said reconstruction of residential units damaged in the 12-day imposed war has been completed, while repairs and rebuilding of units damaged in the 40-day war have passed 92 percent physical progress and should finish within one month.

South Pars phase 11 development continues with drilling of 13th well on platform B

TEHRAN- The CEO of Petropars Group announced the continuation of drilling operations for the 13th well on Platform B of South Pars Phase 11 and stated: After the completion and commissioning of 12 wells at this location, drilling of the 13th well has also been placed on Petropars’ agenda beyond its contractual commitments, and it is currently at the stage of drilling the 16-inch hole.

‘Opportunities for agricultural cooperation with Africa available’

TEHRAN- Iran’s Minister of Agriculture, Gholamreza Nouri Ghezeljeh, addressed the First National Meeting on Iran-Africa Agricultural Cooperation, stressing that opportunities for joint agricultural cooperation with Africa are available and must be converted into concrete, operational, and lasting economic ties.

Tehran hosting international industry exhibition

TEHRAN- The 26th Tehran International Industry Exhibition opened on October 28 at the Tehran Permanent International Fairground, with the participation of 157 domestic companies, including 30 knowledge-based companies, and the presence of representatives of foreign brands from Germany, Japan, China, Taiwan, and Hong Kong.

Iran, Belarus discuss establishing joint power plant repair center

TEHRAN- Iran’s deputy energy minister announced plans to establish a joint Iran-Belarus power plant repair center and stated that Iran is ready to export MAPNA-built gas turbines and wind equipment to Tatarstan.

Iran, Turkey’s capacities pave way for expanding bilateral co-op: Iran’s minister

TEHRAN- The Minister of Transport and Urban Development emphasized the necessity of expanding bilateral cooperation between Iran and Turkey in the political, economic, and transport/communications fields and said: Expanding economic and transport/communications relations between Iran and Turkey, in addition to securing mutual interests, can make an effective contribution to strengthening cooperation, prosperity, and sustainable development in the region.

Construction of new renewable power plants with 6,000 MW capacity on agenda

TEHRAN- The Deputy Minister of Energy and Head of the Renewable Energy and Energy Efficiency Organization (SATBA) announced the Ministry of Energy’s new plans to build 6,000 megawatts of new renewable power plants in the country and said: Alongside this process, creating a value chain and localizing the required equipment will also be pursued more vigorously.

Tehran hosting intl. exhibition of mines, mining, construction machinery, related industries

TEHRAN- Iran’s 20th International Exhibition of Mines, Mining, Construction Machinery & Related Industries and Equipment (IRAN CONMINE 2026) opened on Wednesday with the participation of Mohammad Reza Bahraman, Chairman of the Iran Mine House; Kasra Nouri, CEO of the Iran International Exhibitions Company; the ambassadors of Saudi Arabia, Tajikistan, Kazakhstan, and Indonesia; a representative of the Russian Embassy; members of the board of directors of the Iran Chamber; and those active and specialists in the field.

How party self-governance powers China's economic transformation

TEHRAN- Geopolitical turbulence, rising protectionism, pressure on the global economy and intensifying technological competition are shaping today's world. Within China, industrial upgrading, demographic shifts and the transition to new drivers of growth are placing greater demands on national governance. To maintain steady progress, China needs strategic resolve and the capacity to adapt its institutions, alongside a vibrant market and effective policy implementation.

Freight development, fleet productivity, service quality, top priorities of railways

TEHRAN- The CEO of the Railways listed the development of international rail transport, an increase in the movement of export cargo, faster wagon turnaround, improved safety, and higher quality passenger services as the company’s priorities.

Tehran, Doha discuss expansion of energy cooperation

TEHRAN- Iran’s Acting Oil Minister Hamid Bovard met with Saad bin Sherida Al-Kaabi, Qatar’s Minister of Energy, on Tuesday (October 27), on the sidelines of the eighth summit of the Gas Exporting Countries Forum (GECF) held in Moscow, and discussed the development of Iran-Qatar cooperation in the energy sector.

Iran, Belarus ink energy cooperation MOU

TEHRAN- A cooperation memorandum of understanding was signed between Abbas Aliabadi, Iran’s Minister of Energy, and the Belarusian Minister of Energy, aimed at establishing cooperation between the parties in the energy sector for mutual benefit.

Acting oil minister in Moscow: trilateral energy co-op, Iran–Russia gas swap via Azerbaijan

TEHRAN- Hamid Bovard, caretaker of the Ministry of Oil, on Monday, while announcing the positions of the Islamic Republic of Iran at the 28th Ministerial Meeting of the Gas Exporting Countries Forum, held bilateral and multilateral consultations aimed at strengthening Iran’s cooperation with other energy-reserve-holding countries.