Iran Chamber Newsroom

Transit via INSTC corridor 30% cheaper than standard route: Official

Transit of commodities via the International North-South Transit Corridor (INSTC) is 30% more efficient both in terms of time and cost than the standard route which runs through the Suez Channel, according to Deputy Minister of Roads and Urban Development Abbas Khatibi.

Transportation

"Solyanka Port, Iran’s strategic base in INSTC"

The Solyanka Port is Iran’s strategic base in the International North-South Transport Corridor (INSTC), the Iranian director of Solyanka Port said, adding that the port is a safe and reliable route for the supply of basic goods and commodities between Iran and Russia.

Transportation

Iran vice president puts annual trade with Indonesia at $1 billion

The annual trade between Iran and Indonesia currently stands at about $1 billion, announced Rouhollah Dehqani-Firouzabadi, the vice president for science and technology.

Trade

Iran recovers pre-pandemic transit system with Turkmenistan

Foreign trucks have started carrying out direct travels into Iran from two joint borders between Iran and Turkmenistan over the past few days, according to a local official at the bordering province of Khorasan Razavi.

Trade

Yahya Al-e Eshaq, the chairman of Iran-Iraq Joint Chamber of Commerce, has called on the Iranian private sector not to lose the potentials of the Iraqi market.

Iran private sector urged not to lose Iraqi market

Local Chambers

The head of Russia’s trade mission in Iran Rustam Zhiganshin said the first visa-free flights of tourist groups had started between Iran and Russia.

Iran, Russia launch first visa-free flights for tourists

Iran Economy

Iran’s trade center starts working in Jeddah: Official

Trade

Iran private sector urges preferential trade agreement with Serbia

Iran Chamber

The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).

Iran economy grew by 6.2% in first quarter: CBI

Macro Economy

Iran, Iraq urged to set up preferential trade agreement

Trade

Iran has stockpiled a roughly 10.5 million metric tons (mt) of different essential goods in last calendar year to late March, according to a deputy minister of agriculture.

Iran stores up some 10.5 million mt of basic goods in year to March

Agriculture and Environment

Saudi Ambassador to Iran Abdullah bin Saud al-Anzi on Monday voiced his country’s readiness to broaden cooperation with the Islamic Republic in petrochemical sector.

Saudi Arabia ready for petrochemical cooperation with Iran: Ambassador

Energy

After officials from Iran and Russia inked a memorandum of understanding (MoU) for the construction operation of the Rasht-Astara Railway, a trade contract for the project is on the verge of finalization, an official said.

Iran, Russia finalizing contract for constructing strategic railway

Transportation

Iran private sector urges new avenues for financial exchanges with Bulgaria

Iran Chamber

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.