Iran Chamber Newsroom

Syrian govt. calls for Iranian investment in petrochemical companies

Syrian industry minister says such companies can provide the materials that are used in a hundred other industries which will boost economic output.

Mine and Industry

Iran private sector offers Syria direct investment, joint ventures

Eying Syria’s multi-billion-dollar reconstruction market, Iran private sector has put on table a wide range of proposals to bolster Syrian economy and breathe fresh air into the Arab country’s destroyed industry.

Trade

Syria Iran Joint Economic Committee set up in Damascus

The joint committee from the Syrian part conplements a same committee in Iran that are aimed at boosting bilateral economic relations. They lay the groundwork for the creation of a joint chamber of commerce.

Joint Chambers

Iran business building to be opened in Damascus Free Zone

The building is inside Damascus Free Zone that is only one kilometer away from the city centre.

Iran Chamber

Europe sets up Iran financial mechanism, calls it INSTEX

Germany, France and Britain say they’ve established and registered a commercial trade mechanism with Iran, called Instrument In Support of Trade Exchanges (INSTEX), that will bypass the unilateral US sanctions.

Financial Markets

Iran private sector says is ‘ready’ for joint ventures in Syria

Tehran is offering the Damascus government its high expertise and modern industries aiming at aiding the Arab country in post-war era.

Mine and Industry

Steep decline in Chinese machinery exports to Iran could jeopardize nuclear deal: report

Data from Chinese General Customs Administration show that China-Iran trade has fallen dramatically in the two months following the reimposition of US secondary sanctions. Chinese exports to Iran have collapsed from about $1.2 billion in October 2018 to just $400 million in December 2018—a fall of nearly 70%.

Trade

Iran private sector eyes $3b in annual trade with Syria

Iran’s private sector businesses can export foodstuffs and construction materials to Syria as well as offer technical services in rebuilding the war-torn country, Iran Chamber of Commerce president says.

Iran Chamber

Iran businesses eye major trade boost in Syria visit

More than a dozen business owners are looking to increase their ties with Syrian companies at a time when Damascus is eager to reconstruct, showing "open doors" for Iranian investment.

Iran Chamber

Video

Iran, Turkey support non-dollar bilateral trade: TOBB president

Rifat Hisarciklioglu, president of the Union of Chambers of Commerce and Commodity Exchanges of Turkey (TOBB), who met with Gholam Hossein Shafei, president of Iran Chamber of Commerce on Saturday, says both Iran and Turkey are willing to trade using their national currencies.

Video