Iran Chamber Newsroom

Video (Part 6)

‘Iran private sector should make most of Bulgaria’s vast trade potentials’

Saeid Hadei, President of Iran-Bulgaria Joint Trade Committee says the East European country has many trade potentials that can be exploited by Iran in a bid to open its way into the European Union.

Trade

‘India must resume oil purchases from Iran’

Indian columnist urges the government of Prime Minister Nrandra Modi to keep buying Iranian crude despite the US sanctions in a bid to maintain its leverage in the Iranian market in case sanctions are lifted.

Energy

Russia, Iran coordinating their payment systems as SWIFT alternative

SWIFT, an international messaging network for communications between banks, suspended access for several Iranian-based banks in November in the wake of US sanctions against the Islamic Republic.

Financial Markets

Video (Part 5)

Bulgaria can replace Iran’s ‘not serious’ European partners

President of Iran-Bulgaria Joint Trade Committee, Saeid Hadei, believes Sofia can be a good alternative to Tehran’s European partners under the US sanctions.

Video

Trump weighing $15b credit line for Iran: Sources

US President Donald Trump has left the impression with foreign officials, members of his administration and others involved in Iranian negotiations that he is actively considering a French plan to extend a $15 billion credit line to the Iranians, if Tehran comes back into compliance with the Obama-era nuclear deal.

Financial Markets

Iran, Russia record 24% growth in bilateral trade

Iran exported $333.7 million worth of commodities to Russia from January to July, down 6.2% year-on-year, while Russia’s exports to Iran totaled $999.3 million, up by 39.9% YOY.

Trade

Iran in gas transit talks with EU companies

Supplying natural gas to Europe via a pipeline from Turkey is on the National Iranian Gas Company’s agenda, the CEO said.

Energy

Asadollah Asgaroladi, ex-ICCIMA vice president, dies at 86

The Iranian billionaire merchant was one of the eight people who revived Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) several days following the 1979 Islamic Revolution. He was ICCIMA vice president for 16 years.

Trade

Iraq resists US pressure to cut down on Iranian gas imports

Iraq is one of the major Iranian gas clinets to feed its power plants that general electricity for millions of its inhabitants.

Energy

Iran wants India to resume oil imports, says US sanctions unilateral decision

Iranian Ambassador to India Ali Chegeni has said Tehran may look at other markets to procure soymeal, rice if India does not resume normal trade ties with Iran.

Trade