Iran Chamber Newsroom

Europe’s INSTEX finally makes first deal with Iran

Germany’s foreign ministry has said that the system that was set up by Britain, France and Germany to enable trade with Iran, dubbed INSTEX, finally concluded its first transaction, facilitating the export of medical goods.

Trade

Iran unveils its second coronavirus test kit

A week after the first Iranian coronavirus test kit was unveiled by a private firm, a biomedicine company affiliated with the Iranian Defense Ministry has provided another test kit which is able to determine the disease in three hours.

Society Economy

Iran urges more Saudi action on locust plague

Iranian authorities say Saudi Arabia should do more to help fight a locust plague that could threat crops and food security in the Middle East and North Africa region.

Agriculture and Environment

Coronavirus grounds 90 percent of Iranian flights

Iranian airlines have cancelled nearly 90 percent of their flights planned for a holiday season after the novel coronavirus pandemic caused many travelers to stay at home.

Transportation

President Hassan Rouhani announced that his government has allocated 20 percent of its budget for the new Persian year of 1399 to countering the new coronavirus pandemic.

Iran allocates 20% of state budget to virus fight

Macro Economy

The United States Thursday granted Iraq a 30-day waiver to keep importing Iranian gas despite American sanctions.

US extends Iraq’s waivers to import Iran electricity, gas

Energy

The Central Bank of Iran (CBI) has approved emergency funding worth nearly $5 billion to offer cheap loans to businesses hit by the new coronavirus pandemic.

Iran approves $5bn cheap loans plan to support businesses amid coronavirus pandemic

Macro Economy

Iranian President Hassan Rouhani wants to tap the country’s sovereign wealth fund for $1 billion to support a healthcare system overstretched by a major coronavirus outbreak, the state-run Islamic Republic News Agency reported.

Rouhani seeks $1 billion from Iran’s wealth fund for virus fight

Society Economy

Iran has lifted for a second time in a year the price at which it buys locally produced new-season wheat as the government plans to purchase nearly 70 percent of the crop produced inside the country.

Iran gov’t raises buying price for wheat to support farmers

Agriculture and Environment

An Iranian private pharmaceutical company has started supplying coronavirus test kits that provide results in 2 hours.

Iranian private firm starts supplying coronavirus test kits

Society Economy

Iran’s caretaker agriculture minister says self-sufficiency in food production is no longer a cherished dream for Iran as the country currently relies on home-grown products for more than 80 percent of its agrifood needs.

Iran over 80% self-sufficient in food production: Minister

Agriculture and Environment

The EU on Monday urged the international community to send humanitarian aid to Iran to help its coronavirus fight, arguing that such steps would not breach US sanctions.

EU urges international aid for Iran in coronavirus fight

Society Economy

Iran has been sidelined from an initiative by the World Bank and the International Monetary Fund (IMF) to coordinate efforts in the Middle East and North Africa (MENA) region to fight the coronavirus pandemic.

Iran not invited to IMF meeting on coronavirus pandemic

Macro Economy

Iran has braced itself with a temporary hospital built in the country’s largest shopping center - the Iran Mall, which will be put into use soon for patients infected with the novel coronavirus disease (COVID-19).

Iran builds temporary coronavirus hospital inside shopping mall

Society Economy

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

Djavad Salehi-Isfahani

Jorge Cachinero

Iran-Vietnam joint business forum

Iran Chamber of Commerce, Industries, Mines and Agriculture