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Iran Deal

Germany reiterates full JCPOA commitment, regrets US withdrawal

Germany has reiterated its full commitment to a multilateral nuclear agreement signed between Iran and major world powers in 2015, saying the United States’ move to pull out of the agreement is "regrettable."

Macro Economy

US can impose neither negotiations nor war on Iran: Rouhani

Iran’s president told the UN General Assembly Tuesday that the United States could impose "neither negotiations nor war" on the Islamic Republic amid heightened tension between the longtime foes over Tehran’s 2015 nuclear deal with major powers.

Society Economy

Iran Deal needs to be preserved, Trump deal not possible: Borrell

EU Foreign Policy Chief Josep Borrell has once again called for efforts to save the 2015 nuclear deal between Iran and world powers.

Macro Economy

Europe’s INSTEX finally makes first deal with Iran

Germany’s foreign ministry has said that the system that was set up by Britain, France and Germany to enable trade with Iran, dubbed INSTEX, finally concluded its first transaction, facilitating the export of medical goods.

Trade

Iran open to talks with EU to salvage JCPOA: Rouhani

Iran President says the country has not closed the door to negotiations with Europe on possible ways to save the 2015 Iran nuclear deal.

Macro Economy

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

Austrian companies ready to trade with Iran within INSTEX: envoy

After the nuclear deal was signed and ratified in 2015, many European businesses jumped to seize the opportunity to engage in commercial activities with Iran. But, restored US sanctions torpedoed their cooperation. Now, with European financial channel in place, they are eager to resume trade.

Trade

Germany says working out final requirements of SPV

Berlin authorities say one of the details is which country will be the headquarters of the financial channel to do trade with Iran in the face of unilateral US sanctions.

Trade

Norwegian Air struggling to get stuck Boeing out of sanctions-hit Iran

The aircaft had to make an emergency landing in the Iranian city of Shiraz in December following an engine problem. The company is facing troubles to get spare parts into Iran to rapair de plane due to the US sanctions.

Transportation

Sanctions cause epilepsy medication shortage

The US Treasury says the renewed economic punitive measures do not impede humanitarian aid for Iran but with less and less European banks willing to accept financial transactions with Iran, food, medicine and medical equipment imports have been disturbed.

Trade

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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