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Iran Chamber Newsroom

Iran to boost transit capacity via International North-South Transport Corridor

Iran is planning to boost transit of goods through strengthening coordination between its flagship cargo shipping line and its state-owned railway system.

Transportation

US sanctions against Iran, lose-lose game: Rouhani

Iranian President Hassan Rouhani on Friday said that the US sanctions imposed on Iran benefit neither side and is tantamount to lose-lose game.

Trade

Iran most affordable tourist spot in world: WEF report

The World Economic Forum’s "Travel & Tourism Competitiveness Report 2019" attributes Iran’s top ranking to low ticket taxes and airport charges, cheap fuel and high purchasing power.

Mine and Industry

Iran seventh biggest global exporter of textile flooring

The ranking does not take into account the export of machine-made carpets, otherwise Iran would be the world’s fifth biggest exporter of textile floorings

Trade

German company to be launched soon in Iran’s West Azarbaijan Province

German fruit and beverages company Dohler has invested up to 20m euros in the northwestern Iranian province to produce fruit concentrate to both meet the internal demand and export to neighbouring countries.

Mine and Industry

European companies, banks ready to join Europe’s channel with Iran: INSTEX president

Several European companies and banks have expressed their readiness to join the European financial channel with Iran, INSTEX, in a bid to help operationalize the system, said new INSTEX president on Tuesday.

Financial Markets

Joint chamber of commerce: Turkish firms eager to invest in Iran

Turkish companies are more willing to invest in Iran than other foreign firms, the chairman of Iran-Turkey Chamber of Commerce said as the two neighbours are seeking to consolidate their trade ties.

Trade

Iranian, French groups to help set up 4 new subway lines in Tehran

Tehran Municipality says that in collaboration with a French engineering and consulting group and the Iranian engineering group Gueno, four new subway lines have been mapped for Tehran

Transportation

Iran, Russia ditch SWIFT, creating their own banking messaging channel

The decision to create a separate banking messaging channel comes after the Society for Worldwide Interbank Financial Telecommunication, known as SWIFT, announced in November that it would sever ties with individual Iran-based banks for the sake of the "global stability of the system".

Financial Markets

Eurasia: open gates for over 500 Iranian goods to nearly 200 million people

The Eurasian Economic Union (EAEU) is about to fully start free trade with preferential tariffs with Iran after two years of negotiations and nearly one year of the treaty’s ratification by the Iranian lawmakers. Now, it’s a great opportunity to change the country’s economic course by exporting goods.

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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