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Iran Calls for Coordinated Action Against Smuggling to Protect Production in FTZs
Iran’s Secretariat of the High Council of Free Trade, Industrial and Special Economic Zones has called for closer coordination among government agencies to combat goods and foreign currency smuggling, warning that the illicit trade undermines domestic production, discourages investment, and hampers economic development in the country’s free trade and special economic zones.
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Razavi Khorasan’s Foreign Trade Surpasses $1.2 Billion in First Half of Year
MASHHAD – Razavi Khorasan Province recorded $1.23 billion in foreign trade during the first half of the current Iranian year, with exports accounting for approximately 71% of the total, according to the province’s director-general of economic affairs and finance.
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Iran, Turkmenistan Sign Customs Cooperation Programme to Boost Cross-Border Trade
Iran and Turkmenistan have signed a joint customs cooperation programme aimed at expanding cross-border trade, improving the flow of goods and vehicles, and increasing freight capacity at key border crossings.
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Iran Moves to Streamline Trade Procedures and Speed Up Customs Clearance
Iran is moving to streamline foreign trade procedures, reduce customs clearance delays, and prevent unnecessary cargo hold-ups at border crossings under a new government resolution, the head of the Islamic Republic of Iran Customs Administration (IRICA) has said.
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Iran Eyes Kenya as Strategic Gateway to African Markets: Official
Samad Hassanzadeh, President of the Iran Chamber of Commerce, Industries, Mines and Agriculture, said Iran sees Kenya as a strategic partner with mutual benefits and a potential gateway to Central Asia and Eurasia.
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Head of CBI rejects claims of Iranian economic collapse at IMF meeting
Central Bank of Iran Governor Abdolnaser Hemmati has dismissed claims that Iran’s economy is on the verge of collapse, saying it has shown considerable resilience despite the war waged by the United States and the Israeli regime, as well as Washington’s maximum sanctions and economic pressure.
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Iran Eases Foreign Investment Rules to Simplify Currency Conversion
TEHRAN- Iran has revised unnecessary regulations governing foreign investment, allowing foreign investors to convert foreign currency brought into the country into Iranian rials through a mutually agreed process, a senior Economy Ministry official said.
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Iran, Sri Lanka Discuss Repayment of Financing for Uma Oya Dam Project
TEHRAN — The Export Development Bank of Iran (EDBI) has discussed arrangements for settling outstanding claims related to its financing of Sri Lanka’s Uma Oya dam project, with the bank’s chief executive calling for a clear repayment schedule and an effective mechanism to recover the funds.
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Chaharmahal and Bakhtiari Exports 139,000 Tonnes of Goods Worth $77.8 Million in First Half of Year
Iran’s Chaharmahal and Bakhtiari Province exported 139,000 tonnes of goods valued at $77.8 million through its customs offices in the first six months of the current Iranian calendar year, with petrochemical products, agricultural commodities and household appliances accounting for the main export categories, the province’s director-general of Economic Affairs and Finance said.
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Development Projects to Be Implemented in Free Zones
Hossein Forouzan, Secretary of the Supreme Council of Free and Special Economic Zones, in an interview with IRNA, outlined the status of the 17 free zones, stating: "Implementing development projects and connecting free zones to main transportation routes will pave the way for attracting investment and utilizing the economic capacities of various regions."
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Iran’s Markazi Province Issues Four Foreign Investment Licenses Worth $33 Million
Iran’s Markazi Province issued four new licenses for foreign investment projects worth a combined $33 million in the first half of the current Iranian year, while actual foreign capital inflows into the province reached $700,000, the provincial director-general for economic and financial affairs said.
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Investment agencies are the link between Iranian opportunities and foreign investors
Iran is seeking to strengthen the role of private-sector investment agencies in attracting foreign capital, as the country moves to close a wide gap between approved investment projects and actual capital inflows.
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Iran to Introduce Direct Cargo Transit System to Ease Border Congestion
Iran will introduce a direct cargo transit system next week to reduce border congestion, speed up trade flows, and streamline customs procedures, a senior Economy Ministry official has announced.
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Chabahar Free Zone Advances Smart Service Systems
The Secretary-General of Iran’s High Council of Free Zones has stressed the continued expansion of smart services and digital infrastructure at the Chabahar Free Zone, with the aim of reducing in-person visits, streamlining administrative procedures, and improving satisfaction among investors and economic operators.
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Export Development Bank of Iran Ready to Finance Reconstruction of War-Damaged Export Industries
The Export Development Bank of Iran is ready to support the reconstruction and modernization of industries damaged in the war to safeguard jobs and ensure business continuity, its chief executive has said.
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Iran moves to accelerate Sistan and Baluchestan infrastructure projects
Iran is moving to accelerate major infrastructure projects in southeastern Sistan and Baluchestan Province, including the Chabahar-Zahedan railway and the construction of a new airport in Chabahar, as authorities seek to strengthen the province’s role in regional trade and transit.
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Iran Launches New Phase of Trade Facilitation to Cut Border Delays
Iran is moving to the next phase of its trade facilitation programme, shifting the focus from faster customs clearance to reducing the time goods and trucks spend at border crossings. The initiative follows a sharp decline in average customs processing time, from 143 hours to 73 hours, and includes plans to introduce coordinated border management and expand direct-through transport procedures.
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Isfahan Approves $130.4 Million in Foreign Investment in Six Months
Isfahan Province approved 10 foreign investment licences worth a total of $130.395 million during the first six months of Iran’s 1405 calendar year, from March 20 to September 21, 2026, according to the provincial Department of Economic Affairs and Finance.
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Iran Proposes Joint Free Zone with Pakistan to Boost Logistics, Industry and Trade
Iran has proposed establishing a joint free zone with Pakistan at the Rimdan–Gabd border crossing, focusing on logistics, industrial development, and trade. It has called for a public-private partnership model to implement it.
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Iran, Turkmenistan Urged to Strengthen Banking Ties
Iran has stressed the need to strengthen banking cooperation with Turkmenistan following a review of the latest developments in financial relations between the two countries.
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Iran Ready to Offer Investment-Ready Projects to Turkmenistan and Regional Partners
Iran is ready to present feasibility-assessed and investment-ready projects in energy, transit and logistics, agriculture and food processing, as well as industrial projects in free and special economic zones, to Turkmenistan, Central Asian states and other members of the Commonwealth of Independent States, the head of Iran’s investment organization said.
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Iranian Investment Official Arrives in Ashgabat for Turkmenistan Investment Forum
Mahdi Heidari, Iran’s Deputy Minister of Economic Affairs and Finance and head of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI), has arrived in Ashgabat to attend Turkmenistan's International Investment Forum.
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Iran Approves More Than 270 Foreign Investment Projects in Six Months
Iran approved more than 270 foreign investment projects and issued investment licenses for them during the first six months of the current Iranian year (starting on March 20, 2026), the head of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) said.
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Iran’s Economy Cannot Be Fully Constrained by Sanctions, Deputy Economy Minister Says
Iran’s economic policymaking team is pursuing regulatory reforms and broad deregulation measures to facilitate imports, exports and business activity in response to restrictions affecting the country’s foreign trade, Deputy Economy Minister Morteza Zamanian said.
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Iran Provides More Than 8 tn tomans in Employment-Retention Credits to War-Affected Businesses
Iran has provided more than 8 trillion tomans in loans to preserve employment at businesses affected by the war, the Deputy Minister of Economic Policy at the Ministry of Economic Affairs and Finance said.
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Iran Closes in on Three-Day Customs Clearance Target as Cargo Dwell Time Halves
TEHRAN —Iran has cut the average time required to clear goods through its customs facilities from 143 hours to 73 hours, bringing the country to within roughly one hour of its three-day customs-clearance target, according to the Islamic Republic of Iran Customs Administration (IRICA).
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Iran Increases Capacity for Export Trucks at Border Crossings
TEHRAN — All of Iran’s border crossings with neighboring countries remain open, while the daily capacity for handling export trucks has been increased following recent talks between Iranian customs authorities and their counterparts in Türkiye, Azerbaijan and Armenia, the head of the Islamic Republic of Iran Customs Administration (IRICA) said.
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Tejarat Bank, Iran Customs Authority Move to Expand Strategic Cooperation
TEHRAN — Tejarat Bank has expressed its readiness to develop new financial solutions to facilitate customs and trade processes in Iran, as the bank and the Islamic Republic of Iran Customs Administration (IRICA) move to broaden strategic cooperation.
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Iran Moves to Electronic Commercial Books for Free Zone Businesses
TEHRAN — Iranian National Tax Administration (INTA) has announced the launch of electronic commercial books for businesses operating in the country’s free trade-industrial zones, as part of efforts to digitalize tax and business processes.
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Iran’s 18th International Exhibition to Spotlight Finance, Investment and Digital Infrastructure
TEHRAN — Iran’s 18th International Exhibition of Financial Systems, Investment and Digital Infrastructure, known as the Iran Finance and Banking Exhibition, will be held from November 17 to 20, 2026, at the Tehran International Permanent Fairground, with the participation of the Association of Private Banks.