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Financial Tribune

Imam Khomeini Port handles 9.3 million tons of goods in 3 months

A total of 9.3 million tons of goods were loaded and unloaded in the southern Imam Khomeini Port during the first three months of the current Iranian year (March 20-June 20). Over 7 million tons of the total sum pertained to non-oil goods.

Trade

Iran’s dates exported to 85 countries

Iran exported $211.64 million worth of dates to 85 countries in the last Iranian year (March 2019-20), according to the spokesman of the Islamic Republic of Iran Customs Administration.

Agriculture and Environment

India’s UCO Bank eager to keep rupee-rial payment mechanism

With India no longer importing oil from Iran, UCO Bank is looking at other avenues to keep the rupee payment mechanism with Iran alive.

Trade

Iran exports cigarettes to Austria, Jordan for first time

Austria and Jordan joined the list of Iran’s export destinations for cigarettes for the first time in the year ending March 2020.

Trade

Sistan-Baluchestan exports to Afghanistan up 56%

More than $181 million worth of goods were exported from the southeastern province of Sistan-Baluchestan to Afghanistan during the first two months of the current Iranian year (March 20-May 20) to register a 56% rise compared with last year’s corresponding period.

Trade

Petrochem company in Lordegan starts ammonia production

The ammonia unit of Lordegan Petrochemical Company in western Chaharmahal and Bakhtiari Province has started production, the managing director said.

Mine and Industry

New measures to ease financial procedures for export firms in Iran

The Government-Private Sector Dialogue Council on Tuesday approved seven proposals out of nine to ease rules and procedures for repatriation of exporters’ overseas earnings and help promote the key sector.

Iran Chamber

Bank Melli Iran to open accounts for foreign investors

The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit.

Macro Economy

2 new airport projects come on stream in northern Iran

Two new airport development projects were inaugurated on Monday by President Hassan Rouhani, Minister of Roads and Urban Development Mohammad Eslami, Managing Director of Iran Airports Company Siavash Amirmokri and other officials via videoconferencing.

Transportation

Iran resumes exports to Afghanistan amid pandemic

A total of 80,072 tons of goods were exported from Milak border terminal in the southeastern Sistan-Baluchestan Province to the neighboring Afghanistan during the first month of the current Iranian year (March 20-April 19).

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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