Press TV | Iran Chamber Newsroom

Press TV

Iran’s domestic wheat purchases exceed 5 million tons

Iran’s purchases of domestically-grown wheat have exceeded five million metric tons in the harvesting season that began in early April, a sign the country has been successful in its plans to ensure food security at a time of increased uncertainty in the global markets because of the war in Ukraine.

Agriculture and Environment

Iran’s Bank Melli, Russia’s Sberbank sign MoUs to boost cooperation

Iran’s largest lender Bank Melli has signed some major memoranda of understanding (MoUs) with Russia’s largest bank, Sberbank, amid efforts by Iran and Russia to boost their banking and trade ties.

Financial Markets

South Korea says will unfreeze Iranian funds once nuclear deal is restored

South Korea has repeated its position on the return of more than $7 billion of Iranian funds blocked in the country because of American sanctions on Tehran as a top diplomat says the funds will be repatriated once Iran and world powers agree to revive a 2015 nuclear deal, known as the JCPOA.

Trade

Iran’s three-month imports of wheat top 1.7 million tons

A Saturday report by the ISNA news agency showed that Iranian imports of wheat in the three months to June 21 had reached a total of 1.733 million metric tons (mt).

Agriculture and Environment

Iran sends major trade delegation to Serbia

Iran has sent a large trade delegation to Serbia with the aim of expanding economic relations with the European country.

Trade

Iran’s daily COVID death toll back to double digit

Iran has reported a first double digit death toll from the coronavirus (COVID-19) in months as the country prepares for a potential new surge in the number of infections.

Society Economy

Tehran’s housing price inflation continues to rise in June

The housing price inflation in the Iranian capital Tehran continued to rise in the calendar month to June 21, according to figures by the Statistical Center of Iran (SCI).

Macro Economy

OPEC chief says Iran, Venezuela oil could ease global energy crisis

OPEC Secretary General Mohammad Barkindo says a global oil supply shortage can be eased if American sanctions on Iran and Venezuela are removed and the two countries can export more oil.

Energy

Iran, Turkey, Russia consider joint car project

Iran, Turkey and Russia could launch a joint car project in the near future based on a proposal submitted to the three governments by private industries, says an Iranian industry businessman who is familiar with the issue.

Mine and Industry

Iran’s electricity consumption breaks all-time record

Iran Grid Management Company (IGMC) says the electricity usage in the country has broken an all-time record as scorching heat stretches the power grid to near its limits.

Energy

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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