A reliable source for news on Iranian private sector and economy[ affiliated with the Iran Chamber of Commerce

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.

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
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.

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

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
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.

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

Iran’s PMI declines for a second consecutive month

Iran Chamber of Commerce has released the country’s new PMI data for the fiscal month of Mordad (July 22 – August 22) which has continued to decrease for a second month in a row.

Iran Chamber of Commerce has released the country’s new PMI data for the fiscal month of Mordad (July 22 – August 22) which has continued to decrease for a second month in a row.
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