Iran Chamber Newsroom

The Ambassador of the Islamic Republic of Iran to Malaysia Marzieh Afkham told the media on Friday that Iran and Malaysia have agreed to have a Joint Commission of Economic Cooperation in the near future.

Iran-Malaysia Joint Commission of Economic Cooperation to be held in near future

Feriyal Mostofi, a member of Iran Chamber of Commerce says the volume of foreign investments in the country is expected to increase by six times until next March to reach around $12 billion.

Iran expects $12bn in foreign investments

Luxembourg’s Deputy Prime Minister Etienne Schneider, who was in Tehran with a big business delegation, expressed the European country’s willingness to invest in Iran, which he described as a gateway to the Asian markets.

Luxembourg eager to invest in Iran

Iran says it will offer a tax break of 13 years to hoteliers in what appears to be part of a policy devised to promote the country’s tourism industry.

Iran offers 13-year tax break to hoteliers

Iran says Germany is preparing to implement an action plan to invest €3 billion in different industries of the Islamic Republic.

Germany eyeing €3bn investment in Iran

Iran top banker says the United States has failed to do its share of lifting economic sanctions against Iran as per a deal that was signed over the country’s nuclear energy activities last summer.

US failed to do its side of Iran deal: Seif

Russia says its trade with Iran has increased by 70.9 percent after the sanctions against the Islamic Republic were removed earlier this year.

Russia’s trade with Iran up 70%

Head of the Strategic Research Center of Iran’s Expediency Council Ali Akbar Velayati voiced the country’s support for the revival of the Silk Road.

Iran favors Silk Road revival: Velayati

FATF’s recent decision on Iran guarantees banking ties: Baeedinejad

Iran’s ambassador to Britain said a recent decision by the Financial Action Task Force (FATF), the policy-making body of the international financial system, to continue the suspension of anti-Iran sanctions would guarantee the country’s banking ties with foreign countries.

Money and Capital Markets

FATF continues suspension of Iran restrictions

The Financial Action Task Force has decided to continue the suspension of counter-measures against Iran, “in light of Iran’s demonstration of its political commitment and the relevant steps it has taken in line with its Action Plan.”

Macro Economy

Iran-Brazil joint chamber of commerce to convene in July

Iran-Brazil Chamber of Commerce will convene in Tehran on July 9, 2017.

Trade

Iran Airtour, Zagros Airlines to buy 73 planes from Airbus

European aviation giant Airbus says it has signed basic agreements with two Iranian airlines over the purchase of a total of 73 planes.

Transportation

The chief executive of Total confirmed that the French oil major will go ahead with development of phase 11 of the huge South Pars gas field in southern Iran this summer, saying it would make an initial $1 billion investment in the field.

Total to make $1bln investment in Iran’s South Pars: CEO

Energy

Iranian Oil Minister Bijan Namdar Zangeneh said a long-delayed gas deal between Tehran and French oil major Total is expected to be signed soon.

Iran, Total to reach deel in weeks: Zanganeh

Energy

Iran says it has exported its first consignment of wheat after a hiatus of multiple years – what is seen as a robust sign that shows the country has not only been able to support domestic needs but also move ahead with overseas sales.

Iran exports first wheat cargo in years

Trade

Iran, Austria eye $5bn trade

Trade

Austria’s Minister of Finance Hans Jorg Schelling said his country is seeking to sign a double taxation agreement with Iran.

Austria seeks double taxation agreement with Iran

Trade

Iran has sent four cargo planes of food to Qatar and plans to provide 100 tonnes of fruit and vegetable every day, Iranian officials said, amid concerns of shortages after Qatars biggest suppliers severed ties with the import-dependent country.

Iran sends food to besieged Qatar

Trade

Other Media

China stresses Iran role in New Silk Road

Iranian and Chinese ministers of economy and finance met on the sidelines of ‘New Silk Road’ summit in Beijing to stress resolve for expanding economic cooperation and removing potential obstacles ahead.

Trade

Iran Latin America trade volume about $4bn

The current volume of trade transactions between Iran and Latin American countries stands at nearly $4 billion, but there is more capacity for cooperation, head of the Americas at Irans Foreign Ministry said.

Trade

Iran world’s most affordable tourism destination

Iran’s tourism industry has been identified for a third straight year to have the most affordable prices in the world for foreign visitors.

Society Economy

Private investment in transport infrastructure up 70%

Private investment in Irans transportation infrastructures has grown 70% from the fiscal 20015-16 to reach 71 trillion rials ($1.9 billion) in the last Iranian year (ended March 20, 2017), a deputy minister of roads and urban development said.

Transportation

Iran says position in oil market ‘stronger’

Energy

Iran’s Tejarat Bank sues EU for damages

Money and Capital Markets

Tehran, Jakarta eye closer economic ties

Trade

India eyes transcontinental rail link with Iran, Turkey

Transportation

‘Iran intl banking ties to improve soon’

Money and Capital Markets

Iran in talks with France, Germany, Britain on petchem projects

Energy

Iran Overview 2017 [infographic]

Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has published overview of Iran and its economic situation.

Multimedia

Platform 18B which weighs 2300 tons, was installed successfully at the super-giant South Pars Gas Field in the Persian Gulf.

Installation of platform 18B at Irans Southern Pars gas field

5 October 2016

Swedish Prime Minister Stefan Löfven, leading a trade delegation, is due to visit Tehran in February 2017, Sweden’s ambassador in Iran, Helena Sangeland, said on Tuesday.

Swedish PM to lead trade delegation to Iran

31 December 2016

Heading a high-ranking politico-economic delegation, Slovenias President Borut Pahor visited Iran Chamber of Commerce on Tuesday and after meeting with Iran Chamber President Gholam Hossein Shafei, attended Iran-Slovenia Economic Forum. Over 400 Slovenian and Iranian businessmen and businesswomen participated in the event who further discussed trade ties in B2B negotiations.

Slovenian president’s visit to Iran Chamber of Commerce

23 November 2016

A German delegation of more than 100 companies attended German-Iran Business Forum at Iran Chamber of Commerce, Industries and Mines. The delegation was headed by German Vice Chancellor and Economy Minister Sigmar Gabriel.

German delegation visits Iran Chamber of Commerce

5 October 2016

Polish-Iranian economic forum in Warsaw

30 May 2016

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

Iran Chamber of Commerce,Industries, Mines and Agriculture

Installation of platform 18B at Irans Southern Pars gas field

Iran Chamber of Commerce, Industries, Mines and Agriculture