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Iran Chamber Newsroom

Iran’s president orders removal of barriers for private investors in power sector

Iran’s President Masoud Pezeshkian instructed officials on Saturday to swiftly eliminate obstacles hindering private sector investment in the electricity industry, aiming to address power shortages ahead of the peak demand season.

Mine and Industry

“Political de-escalation to help boost Iranian exports”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has highlighted the need for Iranian officials to exercise political de-escalation as the first step to help boost non-oil exports.

Iran Chamber

Iran seeks CIS approval for rail access to expand cargo transit

Iran is pushing for approval from the Commonwealth of Independent States (CIS) Rail Transport Council to allow its rail wagons to operate across the bloc’s extensive rail network.

Transportation

Iran government settles wheat debt amid record harvest

The Iranian government has paid off its debts to domestic farmers for this year’s wheat purchases amid a bumper crop that has made the country self-sufficient in the grain.

Agriculture and Environment

Iran’s economy minister pledges action to normalize Iran’s status with FATF

Iran’s Economy Minister, Abdolnaser Hemmati, announced that necessary steps are being taken to suspend the Financial Action Task Force’s (FATF) measures against Iran. He stated that the Ministry of Economic Affairs is following up on essential actions to lift restrictions, aiming to protect national interests.

Iran Economy

Iran increases gasoline output to cut reliance on imports

In line with efforts to reduce its reliance on gasoline imports, Iran has increased its daily gasoline output by 8.5 million liters over the past two and a half months, according to a senior Oil Ministry official.

Energy

Kish Invex 2024 kicks off to showcase Iran’s financial, investment opportunities

The 16th Exhibition of Iran’s Investment Opportunities and 11th International Exhibition on Exchange, Banking, Insurance and Privatization, known as Kish Invex 2024, opened on the country’s southern Kish Island on Monday.

Financial Markets

Iran reports 7.4% rise in gasoline consumption

Maramat Veis Karami, the CEO of the National Iranian Oil Products Distribution Company has announced a 7.4% increase in Iran’s average gasoline consumption.

Energy

Iran reports major rise in car imports

Iran has imported some 25,448 passenger cars in the seven calendar months to October 31, marking a 12-fold year-on-year increase, according to a report by the country’s customs administration (IRICA).

Mine and Industry

Iran’s six-month steel exports fall by 16% YOY

The value of Iran’s steel exports hit $3.09 billion in the first six months of the country’s calendar year (March 20 – September 21), marking a 16% drop compared to that of last year’s corresponding year.

Mine and Industry

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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