Iran Chamber Newsroom

Minister says sanctions provided a chance for Iran to distance from oil economy

Iran’s Minister of Economy Ehsan Khandouzi has said that after a new round of sanctions were imposed on Iran in 2018, the country which largely depended on oil revenues was made to pursue plans to boost non-oil economy.

Iran Economy

Iran, Iraq begin construction of Shalamcheh-Basra railway project

Iran and Iraq has officially begun the construction of a long-awaited shalamcheh-Basra railroad.

Transportation

OPEC oil output rises in August as Iran hits 2018 high

OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday.

Energy

“Iran Chamber of Commerce has to find legal mechanisms for removal of sanctions”

Vice President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) says the ICCIMA has to explore ways to find mechanisms for the removal of arbitrary Western sanctions on Iran.

Iran Chamber

Ambassador urges Iranian investment in Nigeria

Nigerian Ambassador to Iran Yakubu Santuraki says his government has introduced a lot of incentives including tax reliefs and the removal of dual taxation, expressing certainty that Iran “as country of great capacities” can benefit from such policies of the government.

Video

Iran’s five-month exports hit $19.3 billion

Iran has exported as much as 55.9 million tons worth $19.3 billion of goods to other countries in the five months to August 22, according to figures by the Islamic Republic of Iran Customs Administration (IRICA).

Trade

“Iran private sector to stand by government in economic diplomacy”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi says the Iranian private sector has plans to help the government in its foreign diplomacy efforts so as to give a boost to foreign trade.

Iran Chamber

Iran, Nigeria stress need to implement bilateral trade agreements

Officials and Businesspersons from Iran and Nigeria have underlined the need for setting out a roadmap for implementing the trade agreements between the two countries.

Iran Chamber

“Iran far behind $100 billion target for annual exports”

Noting that Iran is far behind $100 billion target for annual exports, Mohammad Lahouti, the chairman of Iran Export Confederation, said that arbitrary Western sanctions as well as internal problems are hindering the growth of Iran’s non-oil exports.

Video

Iran’s five-month auto output hits 537,000

As much as 537,000 cars has been produced by Iranian carmakers in the first five months of the Iranian calendar year (March 21 – August 22), according to a senior official with the Ministry of Industry, Mine and Trade (MIMT).

Mine and Industry