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Iran Chamber Newsroom

Denmark’s Novo Nordisk sets up insulin production line in Iran

The world’s top insulin-maker, Novo Nordisk of Denmark, has unveiled its production line in Iran with an investment of 70 million euros ($83 million).

Society Economy

Iran’s exports to Iraq increase 30% compared to early pandemic months: Businessman

Iran’s exports to Iraq are gradually growing compared to initial months of the spread of the coronavirus pandemic in the Middle East beginning late February, a member of Iran-Iraq Joint Chamber of Commerce says.

Trade

Iran private sector invests $700 million in port projects in 3 months

Iran’s private sector has invested 161 trillion rials (over $700 million) in the country’s ports in the quarter ending June 20 despite the spread of the coronavirus pandemic which has resulted in lower activity in trade hubs.

Transportation

Iran-China trade hits $8.6b in 7 Months, down 40% YoY

Iran’s commercial exchanges with its biggest trading partner, China, hit $8.66 billion from January to July to register a 40.9% decline compared with the corresponding period of 2019.

Trade

Turkey needs Iran’s gas despite Black Sea discovery: Zanganeh

Iran’s Oil Minister Bijan Namdar Zanganeh says Turkey would continue to need gas imports from countries like Iran despite the recent discovery of a gas field which Ankara has publicized as a major step toward energy independence.

Energy

Iran launches $5.6bn worth of energy projects with private sector co-investment

Iranian President Hassan Rouhani has opened several major energy projects which were developed with the private sector contribution.

Energy

Iran exports over 20,000 metric tons of rugs in 4 months

Iran’s customs office (IRICA) says the country has shipped some 20,866 metric tons of rugs, including carpet, Kilim and Gabbeh, to 57 countries in the first four months of the current calendar year ending late June.

Trade

Iran Chamber of Commerce opens first Export Acceleration Center

Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has opened the country’s first Export Acceleration Center in Tehran with the support from Iranian Vice President for Science and Technology.

Modern Enterprise

Iran’s economy shouldn’t be tied to foreign developments: Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned that the country’s economic future should not be tied to developments in other countries, including the November presidential elections in the United States.

Macro Economy

Crossing at Milak border reaches 300 trucks a day: Official

Commercial exchanges through Milak border crossing with Afghanistan are back to normal with about 300 trucks crossing the border daily since August 14, a local official in Sistan-Baluchestan province said.

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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