Tehran, Moscow and Baku agree to significantly increase the volume of cargo transit via their territories.
Category: 4. Business
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Iran, Azerbaijan, Russia hold trilateral meeting in Baku
The session was co-chaired by Azerbaijan’s Deputy Prime Minister Shahin Mustafayev, Russia’s Deputy Prime Minister Alexei Overchuk, and Iran’s Minister of Roads and Urban Development Farzaneh Sadegh. Senior officials from the relevant…
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Iran, Azerbaijan mull over mutually beneficial cooperation
Current issues of Azerbaijani-Iranian cooperation were discussed during a meeting between Deputy Prime Minister of Azerbaijan Shahin Mustafayev and Minister of Roads and Urban Development of Iran Farzaneh Sadegh in Baku today, the Azerbaijani…
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Iran expects 20% rise in farmed shrimp output
A senior official from the Iranian Fisheries Organization said on Sunday that the country’s farmed shrimp output would reach 50,000 metric tons (mt) this year, up from 40,000 mt reported in the harvesting season in 2024.
Mehrdad Mohammadi Doust…
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Completing the value chain, main axes of development: NPC head
TEHRAN- The managing director of Iran’s National Petrochemical Company (NPC) said: “Completing the value chain and focusing on small-scale industries with limited water requirements are the main axes of development in this industry, and…
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50,000 tons of farmed shrimp to be produced in Iran by late Mar. 2026
TEHRAN – Iran expects to produce between 45,000 and 50,000 tons of farmed shrimp this year (ends in late March 2026), up from 40,000 tons in the previous year, according to the Fisheries Organization of Iran.
Mehrdad Mohammadi-Doust, director…
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Capacity of power plants built by industrial sector reaches 2,800 MW
TEHRAN – The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said the total capacity of thermal power plants developed under its supervision reached 2,800 megawatts (MW) by late September.
According to…
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The invisible war: Baseless accusations as a weapon against Iran’s economy
TEHRAN- In the complex arena of international relations, economic stability is a cornerstone of national sovereignty. For the Islamic Republic of Iran, which has demonstrated remarkable resilience in the face of decades of external pressure, the…
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INSTC seen as a path to greater regional integration, Iran’s transport minister says
TEHRAN – Iranian Minister of Transport and Urban Development Farzaneh Sadegh highlighted the International North–South Transit Corridor (INSTC) as a key driver of regional cooperation between Iran, Azerbaijan, and Russia, calling it a…
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Iran, Switzerland private sectors seek deeper cooperation in non-sanctioned fields
TEHRAN – The heads of Iran and Switzerland’s private sectors called for stronger collaboration in non-sanctioned industries and emphasized the key role of private enterprises in shaping future economic ties between the two countries.
In a…
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