Iran Chamber Newsroom

Minister says Iran has 7% of total world copper reserves

Iranian Minister of Industry, Mine, and Trade Reza Fatemi Amin has said that Iran’s current discovered copper reserves account for 7% of the total world reserves of the mineral.

Mine and Industry

Direct Rasht-Muscat flight established

A direct flight has been launched between the Iranian northern city of Rasht and the Omani capital city of Muscat, according to the Managing director of Gilan International Airport.

Transportation

Exports of Iranian polymer products grow by 23% YOY

The total direct and indirect exports of Iranian polymer products hit $3.32 billion over the past Iranian fiscal year to March 20 which shows a 23% increase in comparison to figures from the preceding year, according to a board member of Iran’s National Association for Polymer Industries.

Mine and Industry

Iran’s total foreign debt slides to $8 billion: CBI

Iran’s foreign debt was $8.14 billion on April 20, data released by the Central Bank of Iran (CBI) showed.

Macro Economy

“Expansion of Iran-Serbia ties require lifting customs, banking hurdles”

Vice-President of Iran Chamber of Commerce Hossein Selahvarzi said that in order to promote relations between Iran and Serbia, the two countries need to do their utmost to remove the banking and customs obstacles on the way of bilateral ties.

Iran Chamber

Iran’s PMI continues to grow in fiscal month to late June

Iran’s new PMI data for the fiscal month of Khordad (May21 – June 21), released by the country’s Chamber of Commerce shows that the index has continued to grow but with a lower slope compared with that of the preceding month.

Macro Economy

Iran, Russia agree on enhancement of monetary, banking cooperation

The Central Banks of Iran (CBI) and Russia agreed to expand banking and monetary cooperation, CBI governor said on Friday.

Financial Markets

Iran, Uzbekistan discuss preferential trade agreement

Senior officials from Iran and Uzbekistan have discussed the launch of a preferential trade regime between the two countries on Monday.

Trade

Iran in intensive talks with EAEU for concluding free trade agreement

The fifth round of talks between Iran and the Eurasian Economic Union (EAEU) member states began in Isfahan Chamber of Commerce in central Iran on Monday where the two sides discussed signing a free trade agreement.

Trade

Iran private sector ready to help transit of Ukrainian products via Persian Gulf

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei has voiced the readiness of the Iranian private sector to facilitate the transit of Ukrainian agricultural products and animal feed via Persian Gulf waters in southern Iran.

Transportation