Financial Tribune

Iran’s biggest port container traffic up 16%

Iran’s biggest container port near the Strait of Hormuz, Shahid Rajaee Port, handled 1.62 million Twenty-Foot Equivalent Unit of container traffic during the eight months to Nov. 21, registering a 16% increase compared with the corresponding period of last year.

Transportation

Zarif, Johnson discuss economic ties, JCPOA

Foreign Minister Mohammad Javad Zarif sat down with his British counterpart Boris Johnson on Saturday to discuss various aspects of Tehran-London relationship, particularly the future of the 2015 landmark nuclear deal and ways of deepening economic collaboration.

Trade

$5.6b of foreign funds finalized in 100 days

Foreign finance agreements signed in the first 100 days of President Hassan Rouhani’s second term amounted to $5.6 billion.

Trade

Iran exim bank to integrate resources with NDFI

Export Development Bank of Iran–the countrys exim bank–is to integrate its resources with funds from the countrys sovereign wealth fund to allocate them as loans to Iranian exporters, EDBI’s chief executive announced.

Financial Markets

Iran, Qatar economic ties booming

Iran exported $139 million worth of non-oil goods to Qatar during the seven months to October 22, registering a remarkable %117.5 increase compared with the same period last year, according to the latest data released by the Islamic Republic of Iran Customs Administration.

Trade

Iran-Italy Chamber of Commerce president

Iran, Italy to resolve banking issues in coming months

After a series of negotiations and follow-ups by Iranian officials and investment companies, the head of Iran-Italy Chamber of Commerce announced that the remaining banking issues between the two countries will be resolved within two months.

Trade

Private sector to complete abandoned projects in Iran

Iran government has handed over 4,131 abandoned development projects to the private sector.

Macro Economy

Iran Chamber of Commerce delegation visits Spain

A high-ranking trade delegation from the Iranian private sector travelled to Madrid, Spain, and met with the heads of CESCE, the European nations export credit agency, to resolve banking and insurance issues impeding the development of bilateral trade.

Iran Chamber

Tehran Chamber of Commerce opens office in London

Tehran Chamber of Commerce, Industries, Mines and Agriculture opened a new office in London on Monday morning in a ceremony attended by the chamber’s chief, Masoud Khansari, and Chairman of the British-Iranian Chamber of Commerce Lord Lamont.

Iran Chamber

China, Iraq, UAE, South Korea, India top destinations for Iran export

China, Iraq, the UAE, South Korea and India imported 68.7% of Iran’s total non-oil goods (including gas condensate) in terms of value, in the five months since the beginning of the current Iranian year (started March 21), according to the latest statistics released by Trade Promotion Organization of Iran.

Trade