Iran Chamber Newsroom

End of pipeline laying in first platform of SP field Phase 11

Iran has finished a pipeline laying project in the first platform of the South Pars gas field’s Phase 11 in southern country, according to Pars Oil and Gas Company.

Energy

Iran eyes facilitating transit relations with CIS countries

In a meeting of Iranian private sector representatives and a joint delegation from Russia and Tajikistan, ways for facilitating transit between Iran and Commonwealth and Independent States (CIS) were discussed.

Iran Chamber

Joint auto production by Iran, Russia, China proposed

Referring to the chance for the Iranian automakers and spare part producers to find a place in the Russian market, an Iranian auto industry figure proposed launching a platform by Iran, Russia and China for joint auto production.

Mine and Industry

Iran registers first ever import order with crypto payment scheme

Iran’s first ever import order by means of crypto payment mechanism was registered in the country this week, according to a deputy minister industry, mine and trade.

Financial Markets

Iran’s H1 trade with Turkey up 37%

The volume of trade between Iran and Turkey grew by 37% in the first six months of 2022 compared to the corresponding period from 2021, according to a recent report released by Turkish Statistical Institute.

Trade

Iran’s PMI shows reducing purchasing power of customers in month to July 22

Iran’s new PMI data for the fiscal month of Tir (June 22 – July 22), released by the country’s Chamber of Commerce shows that the new orders sub-index has dropped to a three-month low which is largely due to a fall in the purchasing power of customers.

Macro Economy

Iran begins Rasht-Astara railway project as major step to complete North-South corridor

Iran began the construction project of the Rasht-Astara railway in northern country on Wednesday which is considered as one of the final stages of completing a highly strategic International North-South Transit Corridor (INSTC).

Transportation

Iran resumes poultry exports to Iraq after six years

Iran has resumed the exports of poultry products to neighboring Iraq, according to the director of Iran Veterinary Organization.

Agriculture and Environment

Iran Chamber of Commerce to host ECO Chamber of Commerce and Industry general assembly

The board members of the Iranian committee to ECO Chamber of Commerce and Industry (ECO CCI) convened in Tehran on Tuesday where they made the necessary decisions for a next month hosting the 20th ECO CCI General Assembly by the ICCIMA.

Iran Chamber

Direct flight between Iran’s Rasht, Russia’s Astrakhan launched

A direct flight began operating between Iranian northern city of Rasht and Astrakhan in southern Russia on Sunday.

Transportation