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Iran Chamber Newsroom

Iraq has no alternative for Iranian energy imports: Minister

The Iraqi minister of energy says he is optimistic his country will get second US sanctions waivers as Baghdad has no other alternative sources to replace the Iranian gas and electricity.

Energy

Russia, Netherlands eager to join Europe’s INSTEX

High-level Russian and Dutch officials have said that their countries are very keen on maintaining trade with Iran through the INSTEX mechanism.

Trade

Iran’s Bank Mellat to sue UK Treasury for 2009 sanctions

The Iranian private lender Bank Mellat will take the UK former chancellor Alistair Darling to the court to claim damages inflicted on the bank due to the sanctions it imposed on it in 2009.

Financial Markets

South Korea deputy PM pledges to resolve banking problems with Iran

South Korean deputy PM Hong Nam-ki says he is unhappy with the banking situation with Iran, saying he will do whatever he can to resolve the issues.

Financial Markets

CBI governor urges faster resolution of banking problems with South Korea

Abdolanser Hemmati Governor of the Central Bank of Iran (CBI) is in South Korea to resolve an acute banking situation with South Korean banks that have barred Iran from accessing its funds due to the US sanctions.

Financial Markets

Iraq not seeking to substitute Iranian gas, electricity: Ambassador

The Iraqi envoy to Iran says although there are substitutes for Iranian energy, Baghdad maintains committed to imports from Iran and that is lookig for alternative ways of doing so.

Energy

Slovak business delegation to visit Iran on 23 June: Ambassador

Ambassador of the Republic of Slovakia to Iran says some 30 companies that are interested in keeping trade with Iran will visit the country in coming weeks .

Trade

Japan’s crude imports from Iran surged to nearly 300,000 b/d in March

The Asian country imported more than 290,000 barrels per day from Iran in March after the country restarted crude purchases from Tehran before the waivers ended on 2 May.

Energy

Kalleh Dairy vows to rebuild torched down factory in Iraq ‘from today’

The dairy, food and drink company says the blaze that brought the company down to ashes was intentional, saying it will restart construction in Karbala very rapidly in a bid not to lose the huge market in Iran’s western neighbour.

Trade

Tajikistan seeks access to international waters through Iran’s Chabahar Port

Tajikistan is a landlocked Central Asian country that doesn’t have any access to any international or local body of water. That’s why the country is seeking to use Chabahar Port in this regard.

Transportation

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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