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Iran Chamber Newsroom

Iran plans 320,000 hectares of tree plantation to meet timber demand

Iranian agriculture authorities say plans are in place for tree plantation in 320,000 hectares of lands to respond to a rising demand for timber which is currently being met through extensive imports.

Agriculture and Environment

Iran’s Shahid Rajaee port to process mega-ships by March

Very large container ships with capacities of up to 22,000 20-foot equivalent unit containers (TEU) would be able to dock at Iran’s Shahid Rajaee port on the Persian Gulf coast by March.

Transportation

US simply lying about sanctions not affecting humanitarian items: Zarif

Iranian Foreign Minister Mohammad Javad Zarif says Washington is simply lying when it claims its unilateral sanctions have had no impact on the delivery of humanitarian items to the Iranian people.

Society Economy

Iran’s technical, engineering services exhibition in Kabul wraps up

Iran has wrapped up a specialized exhibition for technical, engineering and urban services in Kabul where 75 Iranian companies showcased their capabilities and discussed partnership with Afghan counterparts.

Trade

Double jeopardy of sanctions, coronavirus for Iran

In March 2020, Iran became the epicenter of the coronavirus pandemic outside China. Suddenly, Iranian leaders found themselves fighting on two separate fronts: one to save the economy from US sanctions and the other to save lives and the economy from the pandemic.

Society Economy

Iran, Russia discussing joint production of coronavirus vaccine

Iran and Russia’s Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, have been discussing the joint production of a COVID-19 vaccine, according to Iran’s ambassador to Moscow.

Society Economy

EU’s exports to Iran stand at €2.2 billion in seven months, down 11% yoy

The spread of the new coronavirus and US sanctions has hit the European Union’s exports to Iran in the first seven months of 2020 bringing their value to €2.209 billion.

Trade

Iran Air to launch new roundtrip flight route to Dubai

Iran’s flag carrier airline, Iran Air, has announced it is launching roundtrip Dubai-Lamerd-Dubai flights as of Sept. 27.

Transportation

Iran yoy inflation at 26% in September

The Statistical Center of Iran (SCI) says the country’s Consumer Price Index (CPI) had risen by 0.2 percentage point to reach 26 percent year-on-year in the calendar month ending September 21.

Macro Economy

Drivers account for majority of coronavirus loan applicants in Iran

Public transportation operators, educational centers and beauty salons account for majority of applications submitted for the government-backed coronavirus bailout loans, Iran’s Ministry of Cooperatives, Labor and Social Welfare has announced.

Society Economy

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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