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Iran’s PMI shows continued contraction but at slower pace

Iran’s Purchasing Managers’ Index (PMI) stood at 46.4 in the month to February 19, marking a continued contraction in economic activity but at a somewhat slower pace than the previous month, according to a report published by the research center of the Iran Chamber of Commerce.

Macro Economy

Iran chamber chief urges import easing, forex flexibility to save production

The president of Iran Chamber of Commerce, Industries, Mines and Agriculture has called for streamlined import procedures and greater financial flexibility, warning that foreign exchange restrictions and customs backlogs are threatening industrial production and employment.

Iran Chamber

Iran’s Alborz Chamber chief urges state to back private sector to preserve jobs

The head of the Alborz Chamber of Commerce has called on the Iranian government to provide genuine support to the private sector to safeguard the country’s employment capacity amid wartime pressures.

Local Chambers

Iran’s Kerman chamber urges new land routes as sea trade faces wartime closure

Iran’s private sector must accelerate the establishment of alternative trade routes and identify land-based export corridors after the closure of the country’s maritime trade pathways due to wartime conditions, the deputy head of the Kerman Chamber of Commerce said.

Local Chambers

Iran’s private sector sets up supply chain with friendly nations to safeguard wartime imports

Iran’s private sector has drawn on successful logistics models to establish a sustainable supply chain with friendly countries, aiming to ensure continued imports and production stability under wartime conditions, the head of the Ahvaz Chamber of Commerce said.

Local Chambers

North Khorasan sees high potential for essential goods supply from Central Asia

North Khorasan province’s private sector has significant potential to supply essential goods from Central Asian countries, and with route optimization could soon become a main gateway for such imports, officials said at a meeting hosted by the Bojnurd Chamber of Commerce.

Local Chambers