Iran Chamber Newsroom

‘Oman safe corridor for re-export of Iranian commodities’

Iran private sector parliament believes the Persian Gulf country is a safe and secure place for the Iranian businesses to be able to export their goods to Africa, Arab and European countries.

Agriculture and Environment

Video

Iran, Eurasian Economic Union’s two main steps for smoother trade ties

Daniel Ibrayev, a member of the Eurasian Economic Union (EAEU) Trade Council, says the Central Asian economic entity and Iran are taking two steps to coordinate efforts and moves in a bid to pave the way for a smoother trade relations once Tehran enters the Free Trade Zone with the five-member body.

Trade

Iran, Eurasian Economic Union mull chambers of commerce joint council

Iran Chamber of Commerce, Industries, Mines and Agriculture proposed the creation of a such an entity with their counterpart entities in the Eurasian Economic Union aimed at accelerating future trade.

Trade

Toman instead of rial: Iran to cut four zeros from currency in two years

Tehran has been planning since 2008 to redenominate the national currency as it continued devaluation. Now, the government is pushing the plan forward following the drastic loss of the currency value in 2018 after the restoration of economic sanctions on Tehran in 2018.

Money and Capital Markets

Tehran stocks continue rally with 2.93% rise on Monday trade

Iran’s largest stock market, Tehran Stock Exchange, keeps closing high over the past week as buyers are reinvesting their money into the stocks as there’s been a relative stability in gold and housing markets.

Money and Capital Markets

Tehran stocks rally to scale new highs

Stocks hit all-time highs on Sunday encouraged by the previous day’s landmark point when the benchmark index TEDPIX crossed the 195,000 points after more than six months. TEDPIX rose 0.45% helping the market end the second day of the week on a high note, Financial Tribune reports.

Money and Capital Markets

Iran says Trump should choose between sanctions or low US fuel prices

Oil prices have risen more than 30 percent this year on the back of supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and U.S. sanctions on oil exporters Iran and Venezuela, plus escalating conflict in OPEC member Libya.

Energy

ICCIMA holds annual Nowruz meeting with foreign envoys

Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) President Gholam Hossein Shafei addressed a large number of ambassadors in their annual meeting at the Iran private sector parliament’s sector.

Photo Gallery

Iran private sector urges Europe to implement INSTEX

Iran Chamber of Commerce, the umbrella group of all Iranian private sector, says the three European countries - Germany, France, UK - need to speed up the process of their special financial channel with Iran in the wake of US sanctions.

Iran Chamber

’US sanctions on Iran took heavy toll on South Korean SMEs’

South Korea has been cutting down on oil imports from Iran and data show there’s been a 70% drop in bilateral trade.

Trade