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Press TV

Iran lifts tariffs on exports of food items to Eurasia

Iran says it has lifted the customs tariffs on certain agricultural products that are exported to Eurasian countries – a move which is expected to encourage exports to countries such as Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.

Trade

Iran’s new ICT minister vows to legally pursue Apple

Iran’s new telecommunication minister says the country will legally pursue Apple for removing Iranian apps from its App Store.

Macro Economy

1,400 planes cross Iran sky daily

Iran says at least 1,400 planes cross its skies everyday – an announcement that a top military official in Tehran says is a proof of the country’s airspace security for regional and transregional airliners.

Transportation

Russia to finance €1bn rail project in Iran

A Russian bank has agreed to provide 1 billion euros to electrify a 500 km railway route in northern Iran, state news agency IRNA has quoted a senior official as saying.

Transportation

Germany’s MAN eyeing Iran’s investment potentials

MAN Diesel & Turbo, a German multinational that produces engines and turbo machinery, says it is paying a serious look at Iran’s investment potentials, saying it has already taken measures to restart its business in the country.

Mine and Industry

EAEU, Iran to ink free trade pact

The Russia-backed Eurasian Economic Union (EAEU) says it expects to sign a temporary agreement with Iran before October over the establishment of a free trade zone with the Islamic Republic.

Trade

Iran, Renault sign €660m deal

French carmaker Renault has signed a much-awaited agreement with Iran to produce more than 150,000 cars a year in the country – what is already being described as the Islamic Republic’s biggest ever auto deal.

Mine and Industry

Iran to export 1 million tonnes of wheat

Iran expects to export 1 million tonnes of surplus wheat and its products this year, up 60 percent from a year ago, the country’s trade regulator the Government Trading Company (GTC) says.

Agriculture and Environment

Italy, Iran sign $1.3 billion railway deal

Iran’s state railway company and its Italian counterpart have signed a deal worth 1.2 billion euros ($1.3 billion) to build a high-speed rail line between Iranian cities of Arak and Qom.

Transportation

Sanctions will never return: Iran deputy finance minister

Iran says it is confident that a US-led regime of sanctions that had been imposed against it as a result of disputes over its nuclear energy program “will never return”.

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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