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Iran Chamber Newsroom

Iran stocks rally on upbeat reports from G7 summit

Optimism about the future of a political standoff between Iran and the United States that followed the summit of G7 industrial nations in France have pushed stocks in Iran higher as main indexes rally to record levels.

Financial Markets

Iran could restore oil output to pre-sanctions level within three days: Minister

Iran would need three days to lift its oil production back to the level it was at before US sanctions were imposed, the semi-official Mehr news agency quoted Iranian Oil Minister Bijan Zanganeh as saying on Tuesday.

Energy

Iran seeks 25-year partnership to join China’s Belt and Road Initiative

Iran is seeking long-term strategic partnership with China within the framework of Beijing’s ambitious Belt and Road Initiative that revives the old Silk Road, increasing the country’s commercial prowess in the world.

Transportation

US offers Iran credit lines, limited crude sales

US President Donald Trump said Monday he’d support extending what he called a “letter of credit” to Iran, secured by oil, to help the country meet short-term financial obligations.

Energy

Tehran Chamber of Commerce, Amirkabir University team up to build Iran’s first business school

The idea is to train best managers for next generations in the country that will be the base foundation of its modern economic activities.

Local Chambers

Iran’s private sector unveils four more schools in Kermanshah Province

A charity campaign, called Iran-e Man, founded by former vice president of ICCIMA Pedram Soltani, has been making elementary schools since five years ago in a bid to help lay the educational foundation of the country for next generations.

Society Economy

Iran, 10th biggest global steel producer: Report

Iran aims to become the world’s sixth largest steel producer as per the 20-Year Vision Plan, which targets annual production capacity expansion to 55 million tons and 20-25 million tons of exports per year by 2025. Iranian steel mills have so far realized 34 million tons of the capacity target.

Mine and Industry

Iran Chamber of Commerce, govt., parliament tripartite committee to counter US sanctions

A tripartite committee comprised of Iran Chamber of Commerce, government and parliament is set to be formed to coordinate efforts to counter the US reimposed unilateral sanctions.

Iran Chamber

Iran, Bulgaria take steps to strengthen trade ties

Bulgaria is Iran’s gate to Europe with great opportunities for Iranian businessmen and women to expand to the European market. Now, Iran’s private sector is trying to push for further bilateral trade.

Trade

Bulgaria business opportunities forum at ICCIMA

Dozens of Iranian businessmen and women took part at a forum that introduced business opportunities in Bulgaria. Iranian Ambassador to Bulgaria Seyed Mohammad Javad Rasouli, Joint President of Iran-Bulgaria and Bulgaria-Iran Joint Committtee Saeid Hadei, ICCIMA first VP Hossein Selahvarzi as well as Deputy head of Buglaria’s Embassy in Iran Radoslav Gergov presided over the meeting.

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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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