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Press TV

200% rise in UK tour sales to Iran

The media in the UK say the resumption of direct flights to Iran by major airlines has already made the Islamic Republic as one of the hottest tourism destinations with one travel agency already reporting a whopping rise of 200 percent in sales of tours to the country.

Society Economy

Iran’s Chabahar to link India with Oman

India is intrigued by the idea of establishing a sea trade link with Iran and Oman through the Iranian port of Chabahar.

Transportation

Russian banks ready to rush to Iran – report

Russian banks say they are ready to enter Iran’s banking sector and help facilitate the country’s overseas transactions.

Financial Markets

Iran eyes dryland farming

Iran is expanding dryland farming as a lingering drought is forcing the country to use its resources more prudently and cast off deep-seated wasteful ways.

Agriculture and Environment

Iranian banks to open branches in Munich

German media say three Iranian banks plan to open branches in Munich in the near future in what is expected to help stimulate business ties between the two countries.

Financial Markets

India, Iran shipping lines reviving joint venture

India’s largest carrier says it plans to revive a four-decade-old joint venture with the Islamic Republic of Iran Shipping Lines (IRISL).

Transportation

Iran, Pakistan agree to ditch dollar

Iran and Pakistan have signed an agreement to re-establish banking relationship and carry out trade transactions in local currencies.

Financial Markets

First British Airways flight lands in Iran after 4 years

British Airways has resumed direct flights to Iran after a hiatus of four years in what is seen as a yet another sign of warming ties between the Islamic Republic and Western countries after the removal of the sanctions.

Transportation

US ‘terrorizing’ Europe into avoiding business with Iran

A senior Iranian official says the US is terrorizing the Europeans into shunning business with Iran despite the lifting of sanctions under a landmark nuclear deal.

Financial Markets

Iran, Armenia to create free trade zone

Armenia says it is working on a plan with Iran to create a free economic zone between the two countries.

Trade

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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