The Managing director of the Islamic Republic of Iran International Exhibitions Company announced: The 25th International Industry Exhibition (TIIE), to be held from November 2 to 5, with the participation of 400 domestic and foreign companies.

According to IRNA’s economic correspondent, Beykzadeh during a press briefing noted that 107 of these companies are foreign, coming from Arab countries, China, Turkey, Belgium, Taiwan, Russia, and others.

He added that in this exhibition, industrial equipment, machinery, components, engineering services, and advanced technologies will be presented.

Emphasizing the importance of establishing industrial diplomacy channels and parallel communications with chambers of commerce and trade counselors, Beykzadeh stated: “Expanding relations and utilizing modern platforms to address industrial challenges and improve technology, innovation, and technical knowledge are among the key objectives of these channels.”

He noted that such exhibitions play a basic and vital role in transferring knowledge and technology—especially under trade restrictions and sanctions, where physical transfer of equipment is difficult. However, multiple solutions exist for transferring expertise via internet networks and virtual negotiations, which can also create opportunities for localizing technologies.