Iran Chamber Newsroom

Iran sends medical supplies to Kyrgyzstan to fight coronavirus

Iran has sent a consignment of 3 tons of medical supplies to Kyrgyzstan to help the Central Asian country fight the new coronavirus pandemic.

Society Economy

Iran’s petrochemical industry output up 6% YoY

A senior Iranian energy official said that the country’s petrochemical complexes achieved a 6 percent rise in production in the first two months of the current Iranian year (started on March 20, 2020) compared to the corresponding period in the last year.

Energy

Iran’s fourth tanker heading to Venezuela transits Gibraltar Strait, fifth on the way

Iran’s oil tanker named Faxon which reportedly is destined for Latin America, has passed through the Strait of Gibraltar. Another tanker named Clavel has also passed through the Suez Canal and is moving towards Gibraltar.

Energy

Negotiations underway for reopening of Iran-Iraq border: Official

Iranian customs officials discussed reopening of Mehran border with Iraqi partners to resume trade as both nations have taken health measures to guarantee hygienic transportation of goods.

Trade

Iran, Turkmenistan, Uzbekistan to ease border restrictions

Iran, Turkmenistan and Uzbekistan have agreed to adopt joint measures that could ease movement across the borders as they seek to restore trade exchanges hampered by the new coronavirus pandemic.

Trade

Iran Air to resume flights to Amsterdam

Iran’s national flag carrier, Iran Air, will resume its flights to the Dutch capital Amsterdam on May 14.

Transportation

Iran’s Chadormalu steel mill sets all-time output record

Daily crude steel output at a major Iranian mill has reached an all-time high of 3,887 metric tons, a sign that the industry is working despite being hit by US sanctions.

Mine and Industry

China remains Iran’s top trade partner despite virus surge

Iran’s foreign non-oil trade stood at $3.58 billion in the month ending April 19, indicating a 27% decline compared with the same period of last year but China still remains to be the country’s biggest trade partner despite the surge in the coronavirus pandemic.

Trade

Tehran Stock Exchange hits record high of 1,000,000 points

Tehran Stock Exchange (TSE) kept rising on Saturday to highs never seen before as the main index of shares moved beyond 1,000,000 points.

Financial Markets

Iran gained nothing from Swiss humanitarian channel: Report

A new report published in the American media shows a Swiss trade channel much publicized by Washington as a secure way of delivering humanitarian assistance to Iran at a time of sanctions has failed to process any single deal on Iranian medicine imports.

Trade