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Iran Chamber Newsroom

Iran’s annual electricity production capacity grows to 85 GW

Iran’s Energy Ministry says electricity production capacity in the country rose by 2.2 percent in the year to late March to reach a total of 85.313 gigawatts (GW).

Energy

First COVAX shipment of 700,000 jabs sent to Tehran

Iran’s Health Ministry says the first shipment of the World Health Organization’s COVAX global vaccine plan, containing more than 700,000 doses of the Oxford–AstraZeneca vaccine, has been sent to Tehran from Amsterdam.

Society Economy

Iran looks to triple exports to China

Iran could triple the value of its exports to China to nearly $27 billion within the next few years, according to senior trade authorities in the country, amid expectations that Tehran and Beijing would exponentially increase their trade relations after signing a 25-year economic partnership agreement.

Trade

Iran-China annual non-oil trade stands at $18.7 billion

Iran and China traded 30.12 million tons of non-oil goods worth $18.71 billion in the year ending March 20, 2021.

Trade

Iran urges IMF to reply to its emergency loan request

Iran has asked the International Monetary Fund (IMF) to immediately consider Iran’s request for an emergency loan it needs to battle the economic impacts of COVID-19, the disease caused by the coronavirus pandemic.

Macro Economy

Iran reports 10,250 new COVID-19 cases, Nowruz travels main cause

Iran reported 10,250 new COVID-19 cases on Tuesday, raising its nationwide caseload to 1,875,234.

Society Economy

Iran-Turkey annual trade down 32%

The value of trade between Iran and Turkey has amounted to $6.856 billion over the past calendar year, down by nearly 32 percent compared to the year to March 2020.

Trade

North-South Corridor profitable alternative to Suez Canal: Iranian diplomat

The Iranian ambassador to Moscow says the International North-South Transport Corridor (INSTC) can serve as a low-risk, profitable alternative to the Suez Canal.

Transportation

Iran-China strategic deal: Beijing to invest $400 billion in Iran

The Chinese and Iranian foreign ministers signed a 25-year agreement between the two allies. China agreed to invest $400 billion in Iran in dozens of fields in including banking, telecommunications, ports, railways, health care and IT.

Macro Economy

30 companies open office at Iran Trade Center in Damascus

Thirty Iranian companies have opened office at Iran Trade Center in Damascus, the chairman of Iran-Syria Joint Chamber of Commerce says.

Joint Chambers

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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