How Did the 12-Day War Impact Iran’s Trade with Neighboring States? – Economic Resilience Prevails

Despite regional tensions, Iran’s private sector and manufacturers have stepped up to stabilize the economy, ensuring supply chain continuity and preventing market crises.

Private Sector & Producers Rally to Support Iran’s Economy

Saadat, head of the Iran-Turkey Joint Chamber of Commerce, praised the collective efforts of the Iranian people, government, and businesses in safeguarding the country’s economic stability during recent conflicts.

Key Measures Taken by Iranian Producers:

✔ Increased Work Shifts – Many factories added extra shifts to meet domestic demand swiftly.
✔ Ramped-Up Production – Manufacturers expanded output to prevent shortages and price surges.
✔ Strong Public-Private Cooperation – Businesses and the government collaborated to minimize economic disruption.

Unlike enemy expectations, the war did not disrupt Iran’s production or trade, Saadat emphasized.

Lessons from the Past: Economic Resilience During Crises

Iran’s business community drew on experience from the Sacred Defense era (Iran-Iraq War), where producers adapted to wartime conditions. This time, with government support, they again ensured:

• Stable production despite regional instability.

• Uninterrupted trade flows, particularly with neighboring countries.

• Controlled currency fluctuations (only a 10% rise in exchange rates).

Turkey Stands with Iran, Condemns Israeli Attacks

Saadat highlighted Turkey’s supportive stance, noting that Ankara condemned Israeli aggression and maintained trade relations. The Iran-Turkey Joint Chamber of Commerce played a key role in sustaining bilateral economic activity.

Export Growth & Currency Stability

• Higher production boosted exports, easing pressure on the forex market.

• Central Bank gained more flexibility in managing currency stability.

Conclusion: A Unified Economy Overcomes Challenges

Iran’s private sector, government, and public demonstrated remarkable coordination, proving that economic resilience prevails even in crisis.

Iranian Manufacturers Turn Crisis into Opportunity – Currency Stability and Export Growth Ahead

Producers Prioritize Market Stability to Boost Industrial Output

Iranian economic leaders confirm manufacturers are leveraging recent challenges to accelerate production while maintaining strong foreign currency reserves

The head of the Iran-Turkey Joint Chamber of Commerce, Saadat, emphasized that Iranian manufacturers remain focused on stabilizing the foreign exchange market to enable better production planning. Producers are consistently seeking currency market stability, he stated, as this allows for more effective production scheduling and industrial growth.

Key Developments in Iran’s Economic Response:

Crisis Transformed into Opportunity
Manufacturers are converting recent threats into significant opportunities to accelerate production cycles

Strong Foreign Currency Reserves
Current reserves remain healthy with expectations for further growth through:

• Increased commodity exports

• Rising global oil prices

Stable Exchange Rate Management
Improved conditions for controlling currency fluctuations and market volatility

Production Sector Demonstrates Remarkable Adaptability

Manufacturers are building major opportunities from the recent threats, Saadat explained, working to keep the wheels of production turning at an even faster pace.This adaptive approach builds on Iran’s historical experience in maintaining industrial output during challenging periods.

Positive Economic Outlook Supported By:

• Expanding export volumes creating additional foreign currency inflows

• Oil price advantages strengthening national reserves

• Coordinated monetary policies facilitating exchange rate management