Iran Chamber Newsroom

‘US sanctions on Iranian metals won’t hurt exports’

An executive order by Donald Trump about sanctioning exports of several Iranian metals will have very little impact and is nothing new for the Iranian producers.

Mine and Industry

Kyrgyzstan eyes access to open waters through Iran

The Central Asian nation is seeking to reach more export destinations through the Iranian ports of Bandar Abbas and Chabahar Port that give the country access to open waters such as the Indian Ocean.

Transportation

Iran, self-sufficient in power plant construction: MAPNA Group

The announcement comes after the giant heavy energy infrastructure said it had designed, developed, produced and supplied from A-Z all components of a very vital gas turbine, called MGT-40.

Energy

Iran using all resources to sell oil in grey market: Official

Tehran says the US sanctions won’t hinder its continued efforts to sale oil in unofficial ’grey market’. Iranian authorities and energy analysts believe Iran would be able to export as much as 600,000 bpd.

Energy

Iran opens new steel mill to up annual output by 250k tons

The new company, located in the west of Iran, is supposed to add to the country’s annual steel production, as well as export the crude product to the neighbouring countries of Iraq and Syria.

Mine and Industry

CBI eyes more SPVs with ‘friendly neighbours’ to counter US sanctions

Iran’s main financial institution has devised a six-point contingency plan to resist possible consequences of the US move no to renew sanctions waivers for clients of Iranian energy.

Financial Markets

INSTEX Iranian counterparty ready for ‘coordinated’ trade exchange: CEO

Special Trade and Finance Instrument between Iran and Europe (STFI), called SATMA in Persian, was registered on 22 April in Tehran in a bid to further facilitate Iran-Europe trade in the wake of US sanctions.

Financial Markets

Video

‘India to set trade priorities with Iran to further facilitate bilateral commerce’

New Delhi envoy to Iran Gaddam Dharmendra says India has made good progress in developing Chabahar Port to diversify its trade relations with Iran. He believes two countries need to prioritize items under the sanctions.

Trade

Groundwork laid for boosting economic ties with Syria: Iran pres. advisor

Hasan Danaifar, an economic advisro to the Iranian president and head of the Committee for Developing Economic Relations between Iran, Iraq and Syria says there are necessary frameworks to strengthen the trade relations between Tehran and Damascus.

Video

Iran in talks to lease Syrian Mediterranean port: Senior official

Danaifar, a senior economic advisor to the Iranian president as well as secretary of the committee to develop Iran’s economic ties with Iraq and Syria says the negotiations are underway to secure Tehran’s access to the Mediterranean Sea.

Trade