Iran Chamber Newsroom

TIR, key trade facilitation tool during COVID-19: Guterres

UN secretary general has stressed the vital contribution of TIR and its digital solutions to global trade particularly in the time of coronavirus pandemic.

Transportation

Iran asks for World Bank loan to boost coronavirus fight

Iran says it has applied for a $50 million loan from the World Bank to help its health sector cope with the new coronavirus pandemic.

Macro Economy

Luxembourg court officially rejects US long-running request to seize Iran’s $1.6 billion

A top court in Luxembourg has officially blocked a long-running request by the US administration to seize $1.6 billion worth of Iranian cash assets.

Macro Economy

Iran’s copper exports double to surpass $1 billion

Despite US sanctions, Iran has seen its copper exports doubled in the past calendar year ending March 19 reaching over $1 billion.

Mine and Industry

OPEC+ to announce unprecedented oil output cut in days: Zanganeh

A draft agreement on oil supply cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, would be finalized in the next days.

Energy

Luxembourg lifts freeze on Iran’s $1.6 billion: CBI governor

Central Bank of Iran (CBI) governor says Luxembourg has unfrozen 1.6 billion dollars of Iran’s assets despite an attempt by the US to get the funds as compensation.

Macro Economy

Iran appoints new agriculture minister

Kazem Khavazi gained the parliament’s vote of confidence on Wednesday with 196 lawmakers voting in his favor.

Agriculture and Environment

Iran pushes for IMF $5 billion loan to fight coronavirus

President Hassan Rouhani has warned the International Monetary Fund (IMF) to consider Iran’s request for a $5-billion loan without “discrimination” after reports said the US was seeking to block the loan.

Macro Economy

Iran’s government withdraws EUR 1 billion from national reserve to fight virus

Iran’s supreme leader on Monday approved withdrawal of EUR 1 billion from the country’s sovereign wealth fund to support a healthcare system overstretched by a major coronavirus outbreak.

Society Economy

European businesses fully support humanitarian assistance to Iran: Eurochambres president

President of the Association of European Chambers of Commerce and Industry (Eurochambres) says that the European businesses fully support past and current EU efforts to provide humanitarian assistance to Iran and will continue to do so.

Iran Chamber