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Iran Chamber Newsroom

Venezuela begins import of Iranian heavy oil

Venezuela has reportedly begun imports of Iranian heavy oil to supply feed for the Latin American country’s refineries.

Energy

Iran-Armenia Joint Economic Commission to be held on May 10-11

Deputy Foreign Ministry for Economic Diplomacy Affairs said that the 17th Iran-Armenia Joint Economic Commission meeting will be held in the Armenian capital of Yerevan on May 10-11.

Trade

Reducing purchasing power leads to major decline in Iran’s PMI

Iran’s new PMI data for the fiscal month of Farvardin (March 21 – April 20), released by the country’s Chamber of Commerce suggests a sharp fall in the figure partly due to reducing purchasing power and increasing production costs.

Macro Economy

Iran launches new free trade zone on border with Iraq

A new free trade zone was launched on Iran’s joint border with Iraq on Saturday.

Trade

Iran not to remove bread, medicine subsidies: VP

Iranian First Vice President Mohammad Mokhber reassured the people that the government subsidies for bread and medicine will not be removed.

Macro Economy

First ro-ro ship docks at Iran’s Noshahr port after 21 years

A giant ro-ro ship which is reportedly carrying a cargo for the United Arab Emirates has docked at the northern Iranian port of Noshahr.

Transportation

Iran private sector calls for further inclusion of Iran-Turkey trade agreement

Chairman of Tabriz Chamber of Commerce in northwestern Iran Younes Jaeleh said on Saturday that a preferential agreement between Iran and Turkey need to be expanded to include further areas.

Trade

Iran exports $64 million worth of hand-woven carpets in fiscal 2021-2022

Iran has exported some $64 million worth of hand-woven carpets in the fiscal year to March 2022, according to the head of Iran National Carpet Center.

Trade

Iranian minister in Moscow for transportation agreements

Iranian Minister of Road and Urban Development Rostam Qassemi left Tehran for Moscow on Tuesday night for transportation discussions.

Transportation

Minister warns Iran may have to resume gasoline imports

Iranian Minister of Petroleum Javad Owji has warned about the country’s gasoline production nearing refining capacity which has given rise to speculations that Iran may have to resume imports of gasoline once again.

Energy

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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