Iran Chamber Newsroom

European SPV could be in place as early as ’Monday’

Brussels had announced in previous occasions that it’s working hard on the non-dollar financial channel and that it would become operational soon. This time it seems that the EU is closer and more exact in its timetable.

Trade

Iran non-oil trade with Americas over $800m in 9 months

Brazil, the US, Canada and Uruguay are the four North and South American countries that have had major commercial dealings with Iran since 21 March, according to the latest data.

Trade

Large ICCIMA delegation visits India to boost trade

Some 40 Iranian private sector businessmen and entrepreneurs, headed by ICCIMA President, Gholam Hossein Shafei, accompanied Foreign Minister, Javad Zarif, to India (8-10 January) in a bid to promote economic ties with the South Asian nation in the face of renewed unilateral US sanctions.

Iran Chamber

Iranain comapnies to register again in Omani Sohar Free Zone

The moves comes after a decision by the ports legal department. The process was interrupted when the US unilaterally walked out the 2015 international treaty on Iran nuclear programme and reimposed economic sanctions on the country.

Joint Chambers

Iran-Pakistan free zone to open “in coming weeks”

The free zone is expected to augment the mutual trade to $5bn.

Trade

Swiss humanitarian payment channel with Iran ‘ready’, awaits capital

Switzerland, 60% of whose exports to Iran are medicine, has been hard at work to allow the creation of a humanitarian payment mechanism that helps the uninterrupted flow of humanitarin goods to Iran in the face of renewed US sanctions.

Trade

Chabahar Port: open doors for India towards Central Asia

Chabahar Port in southeastern Iranian Province of Sistan and Baluchistan holds the golden key for the South Asian country to foray into Afghanistan as well as the Central Asian market.

Trade

Iran exports more than 24,000 tons of shrimp since last March

Iran produced some 40,000 tons of shrimp last year out of which 26,000 tons were sent to other countries.

Agriculture and Environment

Japanese Fuji Oil loads first cargo of Iranian oil since US sanctions

Japanese refiner Fuji Oil Co has lifted Iranian crude oil in the first cargo to head for Japan since the country received a waiver from U.S. sanctions on Tehran.

Energy

Iran, Syria to launch joint economic committee “in weeks”

The joint economic committee wil lay the groundwork for a future joint Chamber of Commerce between Iran and Syria.

Trade