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Iran Chamber Newsroom

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

Iran-Eurasia rail corridor to begin operating within 10 days

A working group on launching the rail corridor between Iran and Eurasia has set April 15 as the inauguration date for the corridor.

Transportation

Major surge in Iran’s international air travels

International air travels to and from Iran have nearly tripled in fiscal 2021-2022, according to Caretaker of Iran Airports Company Hamidreza Seyyedi.

Transportation

Iran makes biggest growth among top 10 world steelmakers

Iran has made the biggest growth in steel production among the world’s top ten steel producers in the first two months of 2022.

Mine and Industry

Major Iranian automakers plan to increase output in Persian new year

Two major Iranian automakers – Iran Khodro Company (IKCO) and Saipa Group – say they have plans to increase their output during the Persian new year which began on March 21.

Mine and Industry

Dubai’s monthslong Expo 2020 comes to an end

The pandemic-delayed Expo 2020 in the United Arab Emirates closed on Thursday (March 31) after it ran for six months since the opening ceremony on October 1, 2021.

Macro Economy

Foreign investment in Iran nearly doubled YOY

Foreign investment in Iranian industry, mine and trade areas in the first 11 months of the past Iranian calendar year (March 21, 2021 – February 19, 2022) has grown 91.4% in comparison to the preceding year’s corresponding period, according to latest figures released by the Ministry of Industry, Mine and Trade.

Mine and Industry

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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