The economic, scientific and human capacities linking Iran and Australia remain intact despite growing economic risks and regional instability that have slowed new business initiatives, the head of the Iran-Australia Joint Chamber of Commerce said. Hamidreza Managhebi said many companies and investors had become more cautious about starting new partnerships due to heightened uncertainty, making...

Iran’s northern provinces have the potential to become a major trade and logistics hub for the country and the wider region, Payam Bagheri, vice president of the Iran Chamber of Commerce, Industries, Mines and Agriculture, said on Wednesday, highlighting their strategic location along key international transport corridors. Speaking at the opening ceremony of a conference...

Iran’s business activity showed signs of stabilization in Farvardin (March 21-April 20), as the country’s Purchasing Managers’ Index (PMI) improved from the previous month and the shock from recent war-related disruptions eased, a report by the research arm of the Iran Chamber of Commerce showed. The PMI survey, compiled by the chamber’s research center, showed...

President Masoud Pezeshkian said on Saturday that subsidized energy must be directed towards boosting production, employment and productivity, warning against its misuse for smuggling or wasteful activities. Speaking at a meeting with members of the Iran Chamber of Commerce, Industries, Mines and Agriculture on Sunday, Pezeshkian called for urgent reforms to address economic challenges including...

President of Iran Chamber of Commerce, Industries, Mines and Agriculture Samad Hassanzadeh has praised the country’s business community for maintaining the flow of essential goods during the recent imposed war, despite heavy damage to infrastructure and production facilities. Speaking at the chamber’s first meeting of the board of representatives in the new Iranian year, Hassanzadeh...