Iran Chamber Newsroom

Iran textile exports up 6% in value in 2018: Official

The main exported items were carpets, rugs, tissue paper as well as packaging materials. Iranian companies found their export destinations despite unilateral US sanctions that have caused huge problems for funds transfer.

Mine and Industry

Parliament elects observer MPs in anti-money laundering council

The council will have three lawmakers supervising its functionality and will try to keep it within the realms of current rules and regulations. The move is significant as it demonstrates the government’s will to move in line with international norms.

Financial Markets

‘98% of Iran’s pharmaceuticals produced domestically’

The country has embarked on a path to boost its knowledge-based companies in a bid to diversify its revenues and reduce its dependence on oil. Such companies have had a significant role in meeting the medical sector’s internal needs.

Macro Economy

Video

Czech Republic planning another trade system with Iran to skirt US sanctions

Czech-Slovak-Iranian Chamber of Commerce Chairman Jan Kavan has harshly criticised the US for using its monopoly to stifle commercial exchanges with Iran, saying his country can’t wait more for INSTEX to become operational.

Video

Czech Republic seeks alternative financial channels to boost trade with Iran

Czech Deputy Minister of Industry and Trade Eduard Muřický says INSTEX is not functional yet so Prague needs to look for other ways of keeping up trade with Iran.

Trade

Iran’s leader calls for budget, banking modifications to offset US sanctions

Budget’s dependence on crude sales as well as unnecessary rules and regulation are “the country’s chronic illnesses” that need to be treated.

Macro Economy

Czech deputy minister of industry and trade visits ICCIMA

Czech Deputy Minister of Industry and Trade Eduard Muřický visited Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Tuesday to hold talks with Vice President Hossein Selah Varzi.

Photo Gallery

Video

Czech Republic eyes investment in Iran mining sector

Czech Deputy Minister of Industry and Trade Eduard Muřický says Iranian mining sector is very "interesting" for Czech companies to extract copper, coal and iron.

Video

Iran urges European oil purchase, credit lines within INSTEX

Central Bank of Iran (CBI) says Europe should stop accusing Iran of not setting up INSTEX mirror company and start action by buying Iranian crude and giving credit line to European exporters for starting trade with Iran.

Financial Markets

Ivory Coast business delegation eyes cooperation with Iran

A group of Ivorian business officials have visited Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in a bid to examine ways of economic cooperation between the two countries.

Photo Gallery