Reliable news on Iran economy - affiliated with the Iran Chamber of Commerce

Abdollah Mohajer Darabi, Vice Chairman of the Iran-Russia Joint Chamber of Commerce, has cautioned about the potential risks of a Free Trade Agreement (FTA) between Iran and the Eurasian Economic Union (EAEU).

Iranian businessman warns of risks in free trade agreement with EAEU

Abdollah Mohajer Darabi, Vice Chairman of the Iran-Russia Joint Chamber of Commerce, has cautioned about the potential risks of a Free Trade Agreement (FTA) between Iran and the Eurasian Economic Union (EAEU).

Trade
The Ports and Maritime Organization (PMO) has announced that private sector investments in Iran’s ports have reached 2.2 quadrillion rials (about $4.4 billion) through 362 active contracts as of December 2024.

Private sector investment in Iran’s ports hits $4.4 billion

The Ports and Maritime Organization (PMO) has announced that private sector investments in Iran’s ports have reached 2.2 quadrillion rials (about $4.4 billion) through 362 active contracts as of December 2024.

Iran Economy
Iran’s annual inflation rate for the calendar month to late December dropped to 32.5%, marking a 0.6 percentage point decline compared to the previous month, the Statistical Center of Iran (SCI) reported on Sunday.

Iran annual inflation rate eases to 32.5% in December

Iran’s annual inflation rate for the calendar month to late December dropped to 32.5%, marking a 0.6 percentage point decline compared to the previous month, the Statistical Center of Iran (SCI) reported on Sunday.

Macro Economy
Lawmakers in Iran’s parliament have approved the general outline of a bill endorsing a free trade agreement between the Islamic Republic of Iran and the Eurasian Economic Union (EAEU).

Iranian parliament approves general outline of FTA with EAEU

Lawmakers in Iran’s parliament have approved the general outline of a bill endorsing a free trade agreement between the Islamic Republic of Iran and the Eurasian Economic Union (EAEU).

Trade

Iran reports another improvement in monthly PMI

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Aban (October 22 – November 20, 2024), which has registered an improvement for a second month in a row.

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Aban (October 22 – November 20, 2024), which has registered an improvement for a second month in a row.
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