Iran Chamber Newsroom

European businesses fully support humanitarian assistance to Iran: Eurochambres president

President of the Association of European Chambers of Commerce and Industry (Eurochambres) says that the European businesses fully support past and current EU efforts to provide humanitarian assistance to Iran and will continue to do so.

Iran Chamber

Iran saffron prices collapse to lowest level in decades amid coronavirus outbreak

The price of the Iranian saffron has stumbled to historical lows of $400-500 per kilogram as the new coronavirus pandemic hits major customers in Europe.

Agriculture and Environment

Iranian trucks stranded in Europe, en route to home

Iran’s Roads Maintenance and Transport Organization has announced that 26 trucks and their Iranian drivers are en route to home after being stranded at the borders of Italy, Romania, Bulgaria and Turkey.

Transportation

Central Bank of Iran ready for liquidity injection to shore up economy

The Central Bank of Iran (CBI) says it is ready for massive liquidity injections into the banking system as part of efforts to help government shore up the economy.

Macro Economy

Iran’s national flag carrier, Iran Air, has suspended all flights to German cities of Frankfurt, Hamburg and Koln as authorities are struggling to curb surging cases of a new coronavirus pandemic.

Iran Air suspends flights to Germany over coronavirus

Transportation

Europe’s INSTEX finally makes first deal with Iran

Trade

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.

Iran unveils its second coronavirus test kit

Society Economy

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.

Iran urges more Saudi action on locust plague

Agriculture and Environment

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.

Coronavirus grounds 90 percent of Iranian flights

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

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