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Iran Chamber Newsroom

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

Bank Pasargad to open Mumbai branch within 3 months

The breakthrough comes after intensive Iranian-Indian negotiations aimed at unblocking financial transactions betweent the two countries following the restoration of unilateral US sanctions.

Financial Markets

ICCIMA, Confederation of Indian Industry pledge further economic cooperation

The Memorandum of Understanding paves the way to boost Iran-India trade relations as Tehrna is looking more eastward following the US withdrawal from the 2015 international nuclear deal and restoration of economic sanctions.

Trade

Iran private sector calls for specific banking channels to boost India trade

Iran Chamber of Commerce President Shafei is leading a delegation of 30 businessmen in a 3-day visit to India accompanying Foreign Minsiter Mohammad Javad Zarif. Banking relations and Chabahar Port investment are high on the agenda.

Financial Markets

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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