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Press TV

Swiss firms urged to keep Iran business

The Swiss government has promised to defend the economic interests of its companies that are active in Iran and would be targeted by renewed US sanctions, recommending that they go on with their business in the Islamic Republic.

Trade

Iran to sue US over carpet imports

The head of Iran National Carpet Center (INCC) says it will file a lawsuit with international tribunals against fresh sanctions imposed by the US on the imports of hand-woven Iranian rugs into the country.

Trade

Iran preparing to develop own digital currency

Iran says it is preparing to develop its own digital currency as a solution which officials in Tehran say would help the country dodge the returning US sanctions.

Financial Markets

Iran’s Bank Pasargad to open branch in India

India’s media have reported that the country has given the go-ahead to a plan to revive a banking mechanism that would allow payments to Iran for oil purchases as well as other trade activities.

Financial Markets

Iran will work to secure oil exports to India

As US sanctions loom, Iran’s Embassy in New Delhi says the Islamic Republic will do all in its power to ensure security of oil supplies to India.

Energy

EU3 to open dollarless trade with Iran: Russia

Russia’s Foreign Minister Sergei Lavrov says the three major European signatories to a landmark nuclear deal with Iran agreed to establish trade ties with Iran independent of the US dollar.

Financial Markets

FMs of Iran, remaining JCPOA parties to meet in Vienna on Friday

Foreign ministers of Iran and the five remaining parties to the 2015 nuclear deal are scheduled to meet in the Austrian capital, Vienna, on Friday to discuss ways of maintaining the international accord after the US’s withdrawal.

Macro Economy

Iran, Switzerland resolved to continue trade ties: Rouhani

Iranian President Hassan Rouhani has lashed out at American officials for threatening to stop Irans oil exports, saying they would never be able to carry out such a threat. He further said that Iran and Switzerland resolved to continue trade ties.

Trade

EU yet to deliver package of proposals to save JCPOA: Iran

Iran has dismissed media reports about having received a package of proposals from the European Union to save a multilateral nuclear agreement between Tehran and the P5+1 group of countries from which the US has withdrawn, saying the Europeans are holding their final discussions in this regard.

Macro Economy

Iran opens new trade link under Silk Road plan

A freight train from China arrived in the Iranian city of Bandar Anzali on the Caspian Sea Tuesday, marking a new trade link with world countries and giving a fresh boost to the “Silk Road” revival.

Macro 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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