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Press TV

New shipping line set to operate between India and Iran’s Chabahar

A new direct shipping route between Iran’s southeastern port of Chabahar and Indian ports of Nhava Sheva and Kandla will open next month with the arrival of a container service at Shahid Beheshti port, an Iranian official says.

Transportation

Removal of sanctions will open room for any deal: Raeisi

President Ebrahim Raeisi says an agreement with the parties to the 2015 accord is only possible if the cruel sanctions against the Iranian nation are removed.

Society Economy

Iran’s exports to India up 74% in March-December

Iran has reported a major surge in non-oil exports to India in the nine months to December 21 as trade balance rose to a surplus of nearly US$300 million over the period with a steep decline in imports of staples like sugar.

Trade

Report puts Iran’s inflation rate at 42.2% in month to late January

The Iranian government has reported a further slight decline in the country’s annual inflation rate in the calendar month to late January.

Macro Economy

World Bank revises up Iran’s 2021 GDP growth rate by 1% to 3.1%

The World Bank has revised up its estimate of economic growth in Iran for 2021 as figures provided in the Bank’s latest report show Iran’s gross domestic product (GDP) rose by 3.1% last year.

Macro Economy

Iran, Syria to set up joint bank, free trade zones: Minister

Iran and Syria have agreed to set up a joint bank and free trade zones amid efforts to boost their economic cooperation, according to Iranian Minister of Road and Urban Development Rostam Qasemi who traveled to Damascus earlier this week.

Trade

Official puts Iran’s nine-month exports to Africa at $912 million

Iran’s shipments to Africa has grown to $912 million over the nine months to December 21, according to an official with the country’s Trade Promotion Organization (TPO).

Trade

Iran’s nine-month pistachio exports down 19% YOY

Figures by Iran’s customs office (IRICA) show that pistachio exports from the country declined by around a fifth in the nine months to December 21.

Agriculture and Environment

Iran’s non-oil exports up 40% in March-December

Figures by the Iranian customs office (IRICA) show that non-oil exports from the country rose by 40% year on year in the nine months to December 21.

Trade

Iran imposes travel ban on neighbors to contain Omicron

Iran has started imposing a two-week travel ban from neighbors as the country struggles to prevent a surge in potential infections related to the Omicron variant of the coronavius.

Society Economy

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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