Iran Chamber Newsroom

Iran private sector calls for setting up Iran-Iraq-Syria corridor

Head of the Transportation and Logistics Commission of Iran Chamber of Commerce Ali Hosseini has urged setting up a land corridor between Iran, Iraq and Syria.

Transportation

Iran’s nine-month exports to Syria hit $160 million

Chairman of Iran-Syria Joint Chamber of Commerce Keyvan Kashefi said on Wednesday that Iran’s exports to Syria during the first three quarters of the Iranian calendar year (March 21 – December 21) have reached $160 million.

Trade

Iran private sector calls for Russia’s active role in North-South Transport Corridor

Vice Chairman of Iran-Russia Joint Chamber of Commerce Jalil Jalalifar has urged the need for Russia’s more investment and more active partnership in the North-South Transport Corridor project.

Transportation

Official expects Iran’s exports to EAEU to grow to $10 billion

Head of Trade Promotion Organization of Iran (TPO) Alireza Peimanpak says that with the beginning of free trade between Iran and The Eurasian Economic Union (EAEU) as of next year, Iran’s exports to the bloc will grow $10 billion.

Trade

Railway transit can bring about billions of dollars of revenues for Iran, Turkmenistan: Minister

Iranian Minister of Road and Urban Development Rostam Qassemi says that railway transit can bring about billions of dollars of revenues for Iran and Turkmenistan.

Transportation

World Bank allocates $90 million loan to Iran for fight against COVID-19

World Bank has approved the allocation of a $90 million loan to the Islamic Republic of Iran for its battle against the coronavirus disease, according to Ali Fekri, the Deputy Minister of Finance and Economic Affairs.

Society Economy

Economic activist says overseas farming in Russia can help Iran meet 10% of its agrifood needs

Head of Cross Country Agriculture Association of Iran Ali Rezvanizadeh says that “if we can cultivate one million hectares of agricultural lands in Russia, we can meet 10% of our import needs.”

Agriculture and Environment

Iran, Kazakhstan set to launch joint trade center

Head of Trade Promotion Organization of Iran (TPO) Alireza Peimanpak says Iran is launching a joint trade center with Kazakhstan.

Trade

Iran, Pakistan urged to practice barter trade

Because of the problems on the way of financial transactions between Iran and Pakistan, promotion of barter trade is the best option for expansion of trade between the two countries, according to Fahimeh Damroudi, the secretary of Iran-Pakistan Joint Chamber of Commerce.

Trade

Iranian economic operators concerned by forex rate fluctuations, monthly PMI says

Iran’s new PMI data for the fiscal month of Azar (November 22 – December 21), released by the country’s Chamber of Commerce indicates that the economic operators are concerned about the fluctuations of the foreign currency rate and severe lack of liquidity in production sector.

Macro Economy