Iran Chamber Newsroom

Russia earmarks €73 million for development of Iran’s Sirik Power Plant

The Russian Federal Treasury has allocated some €73 million to the development of Sirik Power Plant in southern Iran in 2022, according to an official familiar with the matter.

Energy

Iran-Oman trade up 73% in 10 months

Volume of trade between Iran and Oman in the first 10 months of the current Iranian calendar year (March 21, 2021 – January 20, 2022) has grown by 73% in the first 10 months of the current Iranian calendar year compared to last year’s corresponding period, according to the chairman of Iran-Oman Joint Chamber of Commerce.

Trade

Iran’s monthly PMI dips below the threshold

Iran’s new PMI data for the fiscal month of Dey (December 22, 2021 – January 20, 2022), released by the country’s Chamber of Commerce slipped below the threshold to the lowest in five months.

Macro Economy

Iran in negotiations with China, Russia for construction of new airports

Managing-General of Iran Airports Company Siavash Mokri says Iran has engaged in talks with China and Russia for constructing new airports in the country.

Transportation

Russia allocates €5 billion in loans to joint projects with Iran

Russia is granting some €5 billion in loans to joint projects with the Islamic Republic of Iran, according to an official familiar with the matter.

Macro Economy

Exports of Iranian steel products rise as imports fall

Exports by Iranian steel mills have increased some 16 to 92 percent over the first nine months of the current Iranian calendar year (March 21 – December 21, 2021) while the country’s imports of steel products fell some 3 to 14 percent during the nine-month period.

Mine and Industry

Iran’s industry minister set to tour UAE, Oman within a week

Iran’s Minister of Industry, Mine, and Trade Reza Fatemi Amin is scheduled to pay visits to the United Arab Emirates and Oman early in February, according to an official familiar with the matter.

Trade

Iran, Bangladesh urged to launch direct shipping line

Chairman of Iran’s local Chamber of Tabriz Younes Jaeleh on Sunday underlined the need for launching a direct shipping line between Iran and Bangladesh which he said could facilitate trade relations between the two countries.

Transportation

Iran becomes largest supplier of kiwi fruit to Ukraine in 2021

A report by East Fruit on January 29 said that Iran accounted for 40% of Ukraine’s kiwi fruit imports to become the largest supplier of this fruit to the East European country.

Agriculture and Environment

Iran’s auto making tops 760,000 cars in 10 months

Some 760,527 cars were produced by three main Iranian automakers – Iran Khodro, Saipa Group, and Pars Khodro – over the first 10 months of the current Iranian calendar month (March 21, 2021 – January 20, 2022), according to latest official statistics.

Mine and Industry