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Iran Chamber Newsroom

Iran, Iraq solidify ties, explore ways to reach $20bn trade

Iraqi Prime Minister Adil Abdul-Mahdi chaired a joint business forum between Iran and Iraq that was held at the ICCIMA HQ in Tehran on Sunday. He believes there is a huge potential to reach the set target of 20 billion dollars in their annual trade volume.

Trade

Iraqi PM Abdul-Mahdi to visit Iran Chamber of Commerce

It’s the premier’s first official visit to Iran since he took office late 2018. The Iraqi official is set to hold talks with high-level Iranian officials and take part in Iran-Iraq joint economic committee. He will also visit Iran Chamber of Commerce.

Trade

Iran, Croatia sign MoU on private sector joint investment

The document was inked during a visit by Iranian Economy Minister Farhad Dejpasand to the East European country.

Trade

World countries rush to help Iran flood survivors despite US sanctions that impede intl. aid

Devastating floods have wreaked havoc and taken the lives of some 50 people in nearly 21 provinces of Iran. No international organisation can donate cash or non-cash humanitarian aid due to Washington’s restrictive measures. However, several states are trying to defy the US curbs.

Iran Economy

Iran exports 1.5m bpd of crude in March, highest since November sanctions

Latest data by Bloomberg tanker tracking service show Tehran oil exports in March hit 1.5 million barrels a day, the highest in last five months when the US reimposed economic sanctions in November.

Energy

Iraq needs three years on Iran power: parliament speaker

As Iraq is negotiating a third santions waiver from the US to keep importing Iranian energy, the country’s Parliament speaker is trying to make the message across that Washington grant the exemption.

Energy

Oil posts biggest quarterly rise since 2009 on OPEC cuts, sanctions

Oil prices rose some 1% to post the biggest quarterly rise in a decade. US sanctions on Iran and Venezuela as well as OPEC cuts have played big role in pushing global crude prices up.

Energy

South Korean officials to press for Iran sanctions waiver in United States

Seoul obtained last November a 180-day exemption from US sanctions on buying Iranian energy. The Asian country has been trying to convince the US authoities that Iranian condensates are the best feed stock for its refineries.

Energy

Iran Chamber of Commerce signs MoUs with private Chinese food & drug entities

Iran and China are keen on boosting their bilateral trade as Tehran is looking more towards the East in the wake of US withdrawal from the 2015 nuclear deal. The MoUs are a sign that two Asian countries are moving forward in expanding their relations despite US sanctions.

Iran Chamber

Iran private sector rushes to aid flood survivors

Iran Chamber of Commerce is organising humanitarin aid for thousands of people that have been struck by fierce floods across Iran, that have left nearly a dozen people dead.

Iran Chamber

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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