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Iran Chamber Newsroom

Lack of trust seen as major obstacle to investment in Iran

A senior Iranian business leader has identified lack of trust as the most significant barrier to investment in the country’s production sector, underscoring the need for comprehensive economic reforms to boost investor confidence.

Iran Chamber

Russia’s tourism booms in 2024 with surge in travel numbers

Russia’s tourism surged in 2024, with outbound travel up 20% and inbound arrivals rising 11%. Stronger ties with China and improved infrastructure drive the growth.

World Economy

"Investment for production" key to achieving Iran’s 8% economic growth target, says Chamber of Commerce

Naming the Iranian New Year as the year of “Investment for Production” will play a key role in achieving the country’s 8% economic growth target, according to a statement by Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).

Iran Chamber

Iran Chamber of Commerce president urges empathy, convergence between policy-makers and private sector

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh, has stressed the need for further empathy and convergence between policy-makers and the private sector.

Iran Chamber

In New Year message, Leader calls for greater investment to boost production

In his New Year address, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei urges the Iranian government and nation to focus on efforts to improve the economy, especially through increased investment aimed at boosting production.

Iran Economy

Iran’s gasoline consumption expected to hit 135 million liters per day during New Year holidays

A record 135 million liters a day of gasoline is expected to be consumed by Iranians during the upcoming Persian New Year holidays, an energy official said.

Energy

Iran raises minimum wage by 45% for next year

Iran’s Supreme Labor Council approved a 45% increase in the country’s minimum wage for the upcoming year during a meeting on Saturday.

Macro Economy

Iran Expo 2025 key to boosting exports, says Iran Chamber of Commerce VP

Iran Expo 2025 can play a crucial role in showcasing Iran’s export capabilities, provided the country presents itself professionally and in line with target market demands, a senior private sector actor said.

Iran Chamber

Iran’s non-oil trade surpasses $116 billion in nine months

Iran’s non-oil trade exceeded $116 billion in the first nine months of the current calendar year (March 20 – December 19, 2024), marking an 11.2% increase from the same period last year, Central Bank Governor Mohammadreza Farzin said.

Trade

Iran-EAEU free trade agreement to take effect in 60 days

Iran’s free trade agreement with the Eurasian Economic Union (EAEU) will come into force in 60 days, the Iranian embassy in Moscow said in a report on Friday.

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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