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Iran Chamber Newsroom

Iran-EU trade totals €3.77 billion in first ten months of 2024: Eurostat

Trade between Iran and the European Union amounted to €3.77 billion from January to October 2024, marking a 1% decline compared to the same period in 2023, according to data from Eurostat, the EU’s statistical office.

Trade

Iran’s steel production hits 28 million tons in 11 months

Iranian steelmakers produced 28 million tons of crude steel in the first 11 months of 2024, marking a 0.5% increase compared to the same period in 2023, according to the latest report by the World Steel Association (WSA).

Mine and Industry

EAEU grants Iran observer status

Leaders of the Eurasian Economic Union (EAEU) countries have decided to grant Iran observer status at the bloc.

Macro Economy

Iraq approves land transit route for Iranian exports to Kuwait

The Iraqi government has granted preliminary approval for the transit of Iranian goods to Kuwait through its territory, according to Amin Fartousi, a board member of the Iran-Kuwait Joint Chamber of Commerce.

Trade

Iran’s private sector highlights public trust in drafting development plan

The President of Iran Chamber of Commerce, Industries, Mines, and Agriculture has highlighted the need to prioritize social capital and public trust in government policies while drafting the country’s new development strategy.

Iran Economy

Russia expects Iran-EAEU free trade deal to launch in 2025

Russian Deputy Prime Minister Alexey Overchuk has said that the free trade agreement between the Eurasian Economic Union (EAEU) and Iran is expected to be implemented in 2025.

Trade

Iranian businessman warns of risks in free trade agreement with EAEU

Abdollah Mohajer Darabi, Vice Chairman of the Iran-Russia Joint Chamber of Commerce, has cautioned about the potential risks of a Free Trade Agreement (FTA) between Iran and the Eurasian Economic Union (EAEU).

Trade

Iranian parliament approves general outline of FTA with EAEU

Lawmakers in Iran’s parliament have approved the general outline of a bill endorsing a free trade agreement between the Islamic Republic of Iran and the Eurasian Economic Union (EAEU).

Trade

Iran’s VP not satisfied with women’s share of tech businesses

Iran’s Vice President for Women and Family Affairs has highlighted the limited participation of women in technology businesses, stating that while 61% of university entrants are women, their share in tech entrepreneurship is just 11%.

Society Economy

Senate of Kazakhstan ratifies FTA between Iran, EAEU

A free trade agreement (FTA) signed between Iran and the Eurasian Economic Union (EAEU) has been approved by the Senate of Kazakhstan, according to Kazakhstan’s Kazinform news agency.

Trade

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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