Iran Chamber Newsroom

“Iran’s $6 billion target for exports of auto spare parts achievable”

Fulfillment of an Iranian target plan to export as much as $6 billion of auto spare parts by 2025 is achievable, according to an auto spare parts official.

Mine and Industry

Iran’s monthly PMI indicates economic roll-back

Iran’s Chamber of Commerce has released the country’s new PMI data for the fiscal month of Mehr (September 23 – October 22) which has dropped as a result of recent unrests across the country.

Macro Economy

Ambassador voices Tehran’s readiness to deliver oil to India

Iranian Ambassador to India Iraj Elahi said on Friday that Tehran is ready to supply oil to India despite the US sanctions.

Energy

Iran’s power exports exceed 1500 mw/d

Iran is currently exporting between 1500 and 1600 megawatts/day of electricity to foreign countries, according to Arash Kordi, the managing director of Iran Power Generation Transmission and Distribution Company (TAVANIR).

Energy

Iran least indebted country in Middle East, Central Asia: IMF report

A recent report by the International Monetary Fund says Iran has the least amount of gross external debt among the countries located in the Middle East and Central Asia.

Iran Economy

Iran private sector to host major Russian delegation in mid-November

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) is scheduled to host a major Russian trade delegation within the next couple of weeks.

Iran Chamber

Iran, Pakistan private sectors resolved to use ITI Corridor for expansion of trade

Iranian Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) and the Federation of Pakistan Chambers of Commerce and Industries (FPCCI) have discussed ways to make a better use of an Islamabad-Tehran-Istanbul (ITI) Corridor to help expand bilateral trade.

Transportation

Iran set to open logistic center in Astrakhan

Iran is scheduled to open a logistic center in Astrakhan in which Iranian exports to Russia will be kept so as to be sent to other parts of the country, according to a senior member of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA).

Local Chambers

Minister says Tehran-Moscow cooperation to neutralize international sanctions

Iranian Minister of Petroleum Javad Owji said on Monday that cooperation between Iran and Russia can thwart the international sanctions on the two countries.

Trade

Iran, Russia plan to create joint FTZs

In an ongoing economic meeting of Iran and Russia, the two countries are cooperating to create joint free trade zones, according to the Secretariat of Iran’s Free Zones High Council.

Trade