Iran Chamber Newsroom

Iran’s one-year trade with China tops $15.7 billion

The volume of trade between Iran and China reached $15.795 billion in 2022 up seven percent from that of 2021, IRNA reported recent China customs figures.

Trade

Iran’s nine-month wheat imports down 2 million tons YOY

Iran’s Deputy Minister of Agriculture Saeed Rad said on Wednesday that the country’s wheat imports over the first nine months of the current Iranian calendar year (March 21 – December 21) has declined by some 2 million tons year-on-year.

Agriculture and Environment

Iran’s energy consumption 2.5 times higher than global norms: Minister

Iranian Minister of Petroleum Javad Owji said on Tuesday that the consumption of energy in Iran is 2.5 times higher than the globally accepted norms.

Energy

Record cold causes shutdowns in Iran to prevent gas supply cuts

Following record cold in Iran, the government announced widespread shutdowns across the country to reduce gas consumption and subsequent supply cuts.

Energy

Iran’s tax revenues to rise by 50% next year: Minister

Iranian Minister of Economic Affairs and Finance Ehsan Khandouzi said on Monday that the country plans to increase tax revenues by 50% in the fiscal 2023-24.

Macro Economy

Iran, Russia, Turkey to hold meeting on grains in Moscow

Officials from Iran, Russia and Turkey are scheduled to convene in a meeting in Moscow on February 10 to explore ways for a fair distribution of grains across the world, IRNA reported.

Agriculture and Environment

Iran Chamber of Commerce opens new TIR center in Bandar Abbas

IRU member the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has recently opened a new TIR office in Bandar Abbas.

Transportation

Ahvaz Chamber of Commerce to launch trade center in Iraq

Ahvaz Chamber of Commerce in southwestern Iran is taking the necessary steps for opening a trade center in Iraq, according to Shahla Amouri, the deputy head of Iran-Iraq Joint Chamber of Commerce.

Local Chambers

Iran lifts ban on rice imports

In order for Iran to be able to meet the needs for rice, the country has fully removed the obstacles on the imports of the crop, according to an official with the Ministry of Agriculture.

Trade

Iran government submits next year budget bill to parliament

Iranian administrative government has submitted a bill to parliament that outlines details of a state budget for the calendar year 1402 starting in late March.

Macro Economy