Iran Chamber Newsroom

Iran to impose duty on date exports during Ramadan

Exports of dates will be subject to customs duty from April 3 to May 20, Hamid Zadboum, the head of Trade Promotion Organization of Iran, announced in a letter to the National Association of Iranian Dates.

Trade

Foreign reinsurers continue to work with Iran despite US sanctions

Iran’s central insurance body, known as Bimeh Markazi, says global reinsurance companies continue to share risks that could befall major Iranian businesses and industries despite sanctions imposed by the United States.

Macro Economy

Iran, Zimbabwe eye expansion of trade, economic cooperation

President of Iran Chamber of Commerce has called for establishment of ties between Iran and Zimbabwean private sectors for exchange of information about potential fields of cooperation.

Iran Chamber

Iran to launch new satellite, aiming to study natural disasters, agriculture

Iran will launch an observation satellite into orbit by the end of this week in order to study earthquakes, natural disasters and develop agriculture.

Agriculture and Environment

India to invest $14 million in Chabahar in 2020-2021

India’s finance ministry has announced that budget earmarked for the country’s development work at an Iranian ocean port would double in 2020-2021 to reach nearly $14 million.

Transportation

Iran’s export to Iraq hits $9 billion in 9 months

Chairman of Iran-Iraq Joint Chamber of Commerce Yahya AleEshaq said that during the first 9 months of the Iranian calendar year (March 22-December 21, 2019), $9 billion of non-oil goods and services were exported to Iraq.

Joint Chambers

EU foreign policy chief due in Tehran on Monday

Iranian Foreign Ministry Spokesman Seyed Abbas Mousavi announced on Sunday that the European Union’s foreign policy chief Josep Borrell will visit Tehran on February 3 for the first time after taking office.

Macro Economy

No cap on size and volume of SHTA transactions for Iran: Swiss official

A senior trade official in Switzerland has said that there is no cap on the size and volume of SHTA transactions and that Switzerland had finalized the details of the mechanism with US authorities.

Trade

Iran launches Tabriz-Jolfa free tourist train

Iran has launched a free tourists train between the northwestern cities of Tabriz and Jolfa. The five-railcar train with the capacity of 400 passengers will carry tourists in both directions on a daily schedule.

Society Economy

Development work goes on at South Pars phase 11: Zangeneh

Iranian Oil Minister Bijan Namdar Zanganeh has said that development works for a major section of the South Pars gas field keep flowing by Iran’s Petropars after France’s Total and China’s CNPC withdrew from the project.

Energy