Iran Chamber Newsroom

Japan to resume banking ties with Iran: Envoy

Tokyo will be the latest of Iran oil importers that is intending to restart banking relations with cash-stripped Iran. China, India and South Korea have already put in place special payment channels.

Energy

Chabahar Day: Iran showcases oceanic port as regional transit hub

Dozens of countries are celebrating Chabahar Day in southeastern Iran, an international event to showcase the capabilities of Iran’s only oceanic port as a regional transport and transit hub connecting East with Central Asia and Europe.

Transportation

First Afghan cargo convoy, destined for India, arrives at Chabahar Port

Chabahar Port in Iran’s south-eastern Sistan and Baluchistan Province, is a regional transport hub. It’s the first time that an Afghan cargo consignment is sent to India via Chabahar Port bypassing Pakistan.

Transportation

Tech+ 2019 eyes permanent link between Iranian startups and potential investors

The first Advanced Technologies Commercialization Event, also known as Tech+ 2019 announces three top ideas and aspires to be the connection between industries and new ideas.

Modern Enterprise

Sierra Leone invites Iranian private sector to invest in healthcare

Bilateral trade relations between Iran and the West African country are very unsubstantial, standing at less than one million dollars per year. Now, its envoy to Tehran is trying to woo Iranian investment.

Trade

Iran Air adds 3 Airbus A319 planes to its fleet

Iran Air, the country’s flag carrier, will now have 32 operational airplanes in its fleet. The company has been hit most by the US sanctions on selling civilian aircraft to Iran. However, it’s has been trying to improve its fleet despite Washington’s punitive measures.

Transportation

Tehran Stock Exchange soars 3% in only one session

Iran’s largest stock market, TSE, started the first day of the week with a big rally in one trading session. Export-based steel and mining companies’ shares were big gainers as forex markets registered rises.

Financial Markets

Norwegian Air flies stuck Boeing out of sanctions-hit Iran

A Boeing commercial airliner that belongs to budget carrier Norwegian Air and was stranded in Iran after an emergency landing in December has left arrived in Stockholm after being stuck for two months.

Transportation

Iran to unveil company similar to INSTEX ‘soon’: CBI

INSTEX was created by Germany, France and the UK on the last day of January after months of deliberation by European countries. Its a financial mechanism meant to provide a legal and transparent channel in which Europe engages in trade of non-sanctioned goods with Iran following US sanctions.

Trade

FATF extends Iran’s window, CBI welcomes move

Iran has been under pressure and scrutiny by the Financial Action Task Force (FATF) to pass the measures in a bid to allow the ease and smoother financial transactions with the world.

Trade