Iran Chamber Newsroom

Iran ready to end visas, lower tariffs with Iraq: Zarif

Iranian FM Zarif is in Iraq to cement political and economic relationships with the Arab neighbour. His visit follows a short visit by US Secretary of State, Mike Pompeo, aimed at urging Baghdad to stop engaging with Iran.

Trade

Iran eyes cutting Syria trade route short through Iraq

Iranian exports to Syria are carried out either through Turkey or via Bandar Abbas in the Persian Gulf which incur high costs to businessmen and delay their arrivals on time for the Syrian consumer.

Trade

Iran to offer another 1 million barrels of oil on domestic bourse

Tehran sought to keep its sales flowing by putting its crude on energy exchange for sale to bypass the renewed US sanctions that are targeting the country’s vital oil and banking sectors.

Energy

Turkey buys over $400m worth of Iranian minerals to become top importer

Stones, clay, bricks, tiles and carbon are the most favoured raw materials that Ankara bought from Iran during the April-November period.

Mine and Industry

Private sector to bolster Iraq trade in 5-day visit

Dozens of Iranian businessmen will try to increase their investment in the neighbouring country by holding talks with Iraqi traders from all across the country. The visit comes after US Secretary of State Pompeo visited Iraq to help reduce Irans influence there.

Trade

Iran says oil money coming back from India, China, South Korea

Tehran has been able to establish financial channels with regional countries to pay its exports in their national currencies in a bid to unblock the flow of export money to the country.

Financial Markets

How Europe’s SPV Can Help Iran Fight Inflation

The author believes Tehran should welcome the creation of a possible special purpose vehicle by the EU because it will help bring in necessary commodities such as food and medicine that will lead to less inflation and will remove the burdon from the end users.

Trade

Iran digital giants, Digikala, Filimo, to expand to regional markets

The regional platforms, whose founders received Iran private sectors Amin al-Zarb award, are looking to dominate regional market as the country makes huge advances in developing startups in a bid to turn into a regional tech hub.

Modern Enterprise

135 years of ‘Assembly of Merchants’ in Iran: top entrepreneurs receive Amin al-Zarb award

Iran private sector commemorated the 135th anniversary of establishment of the first union of Iranian traders, called Assembly of Merchants. At the ceremony, Amin al-Zarb award was given to the best Iranian businessmen and entrepreneurs that have contributed to the national economy.

Iran Chamber

Iran private sector proposes barter trade, more banks to facilitate India trade

Iran Chamber of Commerce, Industries, Mines and Agriculture president has called for barter trade between Tehran and New Delhi in a bid to offset the financial challenges that have heavily affected Irans trade with other countries.

Iran Chamber