Iran Chamber Newsroom

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

Japan prepares document for trade cooperation with Iran

Japan External Trade Organization (JETRO) has recently prepared a document for trade cooperation with Iran and is eager to increase bilateral relations with the country, according to the Chairman of Iran-Japan Joint Trade Committee.

Trade

Iran Chamber of Commerce publishes its “Statistical Yearbook 2020”

In a bid to introduce its one-year activities, Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has published its “Statistical Yearbook 2020”.

Macro Economy

Iran private sector calls for more enhanced relations with Azerbaijan

Referring to 370 kilometers of joint borders between Iran and Azerbaijan Republic and many political and cultural common grounds, Chairman of Iran-Azerbaijan Joint Chamber of Commerce Hossein Pirmoazzen on Saturday urged the need for Iran to boost relations with Azerbaijan.

Trade