Iran Chamber Newsroom

Iran produces over 47.6 million tires in one year

Iranian tire manufacturers produced some 47.6 million tires weighing some 288,149 tons in the year to March 20, IRNA news agency reported.

Mine and Industry

Iran, Qatar sign agreements to cooperate on World Cup 2022

Iran and Qatar have signed three major deals on civil aviation as the two countries expand their cooperation in the run-up to the World Cup 2022 in Qatar.

Trade

South Pars phase 16 resumes operating after four month

Phase 16 of the giant South Pars Gas Field in southern Iran is back on track as its damaged pipeline was fixed after four months, according to the managing director of the contractor of the fixing project Ali Zarei.

Energy

Billions of dollars of Iranian frozen assets to be released

A senior regional official is visiting Tehran on Tuesday to finalize the mechanism for releasing seven billion dollars of Iran’s frozen funds.

Macro Economy

Airport traffic in Iran up 44% YOY

A total of 399,415 round-trip flights were operated in the last Iranian year (ended March 20, 2022), which comes to 33,285 flights per month on average, registered a 44% year-on-year growth.

Transportation

Iran PMI grows to five-month high

Iran’s new PMI data for the fiscal month of Esfand (February 20 – March 20), released by the country’s Chamber of Commerce improved to a five-month high.

Macro Economy

Customs figures put Iran’s one-year trade with EAEU at $5.6 billion

Some 13 million tons of commodities worth $5.6 billion were traded between Iran and the Eurasian Economic Union (EAEU) over the past Iranian fiscal year (ended on March 20), according to a report by Ruhollah Latifi, the spokesman of Iran Customs Administration (IRICA).

Trade

Pakistan gov’t issues regulatory order allowing barter trade with Iran

Pakistan’s Commerce Ministry has issued a statutory regulatory order (SRO) to officially allow barter trade with Iran.

Trade

Iran set to open trade center in Armenia soon

Iran is scheduled to open a trade center in Armenia in the near future, according to the director of international affairs of the Ministry of Cooperatives, Labor, and Social Welfare.

Trade

Iran’s exports to Afghanistan decline following political changes in Kabul

Government change in Afghanistan and decreased purchasing power of the Afghan people have led to a fall in Iran’s exports to the neighboring country, according to Ruhollah Latifi, the spokesman of Iran Customs Administration (IRICA).

Trade