Press TV | Iran Chamber Newsroom

Iran load/unload of petchem cargoes surge

A new report shows that load and unload activity for petrochemical cargoes at the Iranian ports have surged by almost a third in one month despite sanctions imposed by the United States that seek to hamper the country’s trade of crude and related products.

Trade

Iran draws over $1.25bn from NDF to create jobs

Iranian government has drawn over $1.25 billion from the country’s sovereign wealth fund for the sole purpose of creating jobs as the government struggles to diversify the economy to cope with sanctions imposed by the United States.

Society Economy

Iran ends state monopoly over postal services

Iran has officially ended its decades-long monopoly over postal services as a first major private operator launches nationwide services.

Society Economy

Iran knows how to cope with sanctions: Minister

Iran’s Oil Minister Bijan Namdar Zangeneh says the country knows how to cope with sanctions that have restricted its direct sale of oil.

Macro Economy

Iran spent over $720m on mechanized agriculture: Official

An official from Iran’s ministry of agriculture says the country has spent over $720 million on machinery and technology over the past six years to modernize farming.

Agriculture and Environment

UK, Germany say Europe working to operationalize INSTEX

Britain, France and Germany are seriously pursuing the implementation of the Iran-EU special payment mechanism, which is supposed to facilitate trade ties between the two sides after the US withdrew from the Iran nuclear deal and reimposed sanctions on the country, senior European officials say.

Trade