Iran Chamber Newsroom

Iran’s PMI declines for a second consecutive month

Iran Chamber of Commerce has released the country’s new PMI data for the fiscal month of Mordad (July 22 – August 22) which has continued to decrease for a second month in a row.

Macro Economy

Iran Chamber of Commerce, UNICEF to set off joint plan of action for cooperation

Iran Chamber of Commerce and the UNICEF have agreed to set off a joint plan of action for cooperation on skill training, social responsibility and children’s nutrition.

Iran Chamber

Iran remains world’s 8th biggest steel producer: Worldsteel

Iran produced as much as 18.1 million tons of steel in the first seven months of 2023 to maintain its place as the world’s 8th biggest steel producer, according to the latest figures released by the World Steel Association (worldsteel).

Mine and Industry

Iran’s five-month agrifood exports up 19% YOY

Iran’s exports of food and agricultural products have registered a 19% year-on-year increase in the five months to August 22, according to an official with the knowledge of the matter.

Agriculture and Environment

Iran eyes agricultural cooperation with Syria

Iran is resolved to contribute to reviving Syria’s agricultural area, according to a person with the knowledge of the matter.

Agriculture and Environment

Minister says sanctions provided a chance for Iran to distance from oil economy

Iran’s Minister of Economy Ehsan Khandouzi has said that after a new round of sanctions were imposed on Iran in 2018, the country which largely depended on oil revenues was made to pursue plans to boost non-oil economy.

Iran Economy

Iran, Iraq begin construction of Shalamcheh-Basra railway project

Iran and Iraq has officially begun the construction of a long-awaited shalamcheh-Basra railroad.

Transportation

OPEC oil output rises in August as Iran hits 2018 high

OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday.

Energy

“Iran Chamber of Commerce has to find legal mechanisms for removal of sanctions”

Vice President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) says the ICCIMA has to explore ways to find mechanisms for the removal of arbitrary Western sanctions on Iran.

Iran Chamber

Ambassador urges Iranian investment in Nigeria

Nigerian Ambassador to Iran Yakubu Santuraki says his government has introduced a lot of incentives including tax reliefs and the removal of dual taxation, expressing certainty that Iran “as country of great capacities” can benefit from such policies of the government.

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