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Press TV

Germany OKs €1.2bn credit line for Iran railroad

Germany has reportedly agreed to provide Iran with a €1.2 billion ($1.27 billion) credit line to help finance a key rail project in what is seen as the biggest foreign financing the country has been able to secure after the removal of sanctions.

Transportation

Oman becoming Iran’s top trade partner

The latest official figures show that Iran’s exports to Oman increased by about 400 percent after the removal of sanctions in January in what could be a strong indication that the Sultanate is already replacing the UAE as Iran’s the most important regional trade partner.

Trade

Iran, International Trade Center sign agreement

The Trade Promotion Organization of Iran has signed a memorandum of understanding with the International Trade Center as part of Tehrans efforts to expand business with other countries.

Macro Economy

Italy eying further trade ties with Iran

Italys Economic Development Minister Carlo Calenda has vowed to support upcoming business deals with Iran.

Trade

US OKs sales of Airbus planes to Iran

The US has authorized Frances Airbus to sell 106 commercial planes to Iran.

Transportation

Iran to receive first Airbus jet in weeks

Iran says it expects to receive the first Airbus plane in a major deal that it has signed with the French aviation giant by the end of 2016.

Transportation

Iran expects $12bn in foreign investments

Feriyal Mostofi, a member of Iran Chamber of Commerce says the volume of foreign investments in the country is expected to increase by six times until next March to reach around $12 billion.

Financial Markets

Iran, Romania FMs sign documents of cooperation

Iranian Foreign Minister Mohammad Javad Zarif and his Romanian counterpart, Lazar Comanescu, have signed two documents of cooperation during a meeting in the Romanian capital of Bucharest.

Trade

Iran says final deals close with Airbus, Boeing

Iran’s Minister of Roads and Urban Development says the representatives of the two companies are making frequent visits to Tehran to put the last touches on the texts of the deals.

Transportation

Iran sets no limits for return of shipping, liner companies

Iran sets no limitations for the return of shipping and liner companies to the country’s ports, a senior Iranian official says.

Transportation

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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