Iran Chamber Newsroom

Iran to keep subsidized FX for medicine as it weighs currency reform

Iran will continue allocating a subsidized exchange rate for medicines and has yet to take any new decision on the sector as it considers moves toward a single exchange rate, Economy Minister Ali Madanizadeh said on Monday.

Iran Economy

Business leader warns against hasty single exchange rate without safeguards for poor

A senior Iranian business leader has endorsed the government’s push to unify the country’s complex multi-tiered currency system but warned the move must be carefully calibrated and preceded by substantial, targeted support for low-income citizens.

Iran Chamber

Iran Chamber chief calls for sustained dialogue amid economic protests

Samad Hassanzadeh, President of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), emphasized the urgent need for continuous dialogue and cooperation between the government and the private sector to address the economic causes behind the recent public protests.

Iran Chamber

Iran foreign trade exceeds $85b in 9 months: IRICA

The Islamic Republic of Iran Customs Administration (IRICA) has put the Iranian foreign trade in the first nine months of the current Iranian calendar year (started March 21) at more than $85 billion.

Trade

Iran chamber chief extends Christmas and New Year greetings

Iran Chamber

President Masoud Pezeshkian has appointed Abdolnasser Hemmati as governor of the Central Bank of Iran, replacing Mohammadreza Farzin.

Iran appoints Hemmati as new central bank governor

Iran Economy

Iran chamber eyes more enhanced trade ties with Indonesia

Iran Chamber

Iran–EU trade reaches €3.1b in 10 months

Trade

Chamber head says Iran-Kuwait trade talks after 12-year gap mark turning point

Joint Chambers

Iraq’s General Authority of Customs said on Wednesday that the first international transit shipment from Iran to Kuwait has entered Iraq under the TIR convention and is en route to Kuwait via the Safwan border crossing.

First Iran-Kuwait transit shipment crosses Iraq under TIR convention

Transportation

President Masoud Pezeshkian submitted the government’s budget bill for the next fiscal year to parliament on Tuesday, a proposal some lawmakers have described as the most contractionary in the country’s history, aimed at curbing inflation and moving toward a zero budget deficit within two years.

Iran submits new budget bill to parliament, cuts oil reliance

Iran Economy

The chief executive of Iran’s state IRNA news agency says one of the news agency’s key missions is to support chambers of commerce by amplifying their views to both the public and policymakers.

Iran’s state news agency pledges support for chambers of commerce

Iran Chamber

Iran has reported a major surge in its exports to neighboring Turkey despite a decline in overall export figures caused by a brief war with Israel in June.

Iran reports significant rise in exports to Turkey

Trade

Iran has significantly reduced its steel imports amid a surge in domestic production that has supported higher exports from the country.

Iran cuts steel imports amid surge in domestic output

Mine and Industry

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.

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

Indonesian ambassador visits Iran Chamber of Commerce

Iran Chamber of Commerce, Industries, Mines and Agriculture