Iran private sector urges creation of Turkmenistan-Iran Joint Chamber of Commerce

Iran private sector urged Turkmen officials to establish Turkmenistan-Iran Joint Chamber of Commerce in a bid to booster bilateral economic relations.

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Cuba’s doors are open to Iranian private sector businessmen: Envoy

Cuban Ambassador to Iran Alexis Bandrich Vega says Iran has a great opportunity to strengthen trade ties with the Caribbean island nation because the country depends very much on foreign trade.

Iran-Cuba business forum at ICCIMA in pictures

Cuban Ambassador to Iran Alexis Bandrich Vega and Cuban Embassy’s First Secretary and Commercial Counselor Tania Causse presented business opportunities to Iranian businessmen and women in a bid to lure Iranian investment.

Cuba opens doors to Iranian private sector

Iran and Cuba are both under the US sanctions since their respective revolutions in 1979 and 1959. Cuba has undergone political changes and is seeking to attract more foreign investment despite the US sanctions.

Iraq, Iran discuss ditching dollar to expand trade ties

Baghdad and Tehran are keen on expanding their commercial ties despite the US unilateral sanctions. Ditching dollar is one way to reach this goal.

Bernd Erbel, newly-appointed INSTEX president, resigns

Erbel was set to replace former German banker Per Fischer as INSTEX president after the latter’s six-month period came to an end with no tangible results at the end.

China continued Iran oil imports in July in teeth of US sanctions: Report

Iran is now relying on the Asia’s rising dragon to be a helping hand in its oil sales as the US sanctions impede foreign Iranian crude flow. The latest data show China is trying hard to prove the US can’t affect its economy.

France proposes Iran $15bn credit line to run INSTEX: Report

France has reportedly proposed Iran a credit line of $15bn to run the European payment channel with Tehran, INSTEX, as Iran threatens to reduce more of its nuclear commitments in coming weeks.

Iran govt. issues cryptocurrency mining rules

After years of mulling how to regulate the digital currency mining, the Iranian government has finally recognised it as an industrial activity. Its rules and regulations say how much electricity can the miners use.

Iran private sector discusses grain exchanges with Russian businessmen

Iran’s private sector representatives and members of Tehran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Sunday with a visiting Russian delegation from the Chamber of Commerce and Industry (CCI) of the Republic of North Ossetia–Alania to discuss expansion of grain trade between Iran and Russia.