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IRNA

India’s imports from Iran nearly doubled YOY in Jan-Feb

Figures by the Ministry of Commerce and Industry of India shows the Asian country’s imports of goods from Iran nearly doubled year-on-year in the first two months of 2023.

Trade

Iranian carmakers raise prices by nearly 30%

Iranian automotive companies have raised the prices of their products by an average of 29%, according to the CEO of Iran’s second largest carmaker Saipa.

Mine and Industry

Iran, Russia discuss implementation of INSTC corridor

Senior officials from Iran and Russia have explored ways to implement the strategically important International North-South Transit Corridor (INSTC).

Transportation

Iran-EU trade tops €400 million in January

European Union’s exports to Iran increased 7% year on year in January 2023 while trade exchanges between the two sides exceeded €400 million over the same month, according to figures by EU’s statistical office the Eurostat.

Trade

Abadan Refinery expansion project inaugurated

Iranian President Ebrahim Raeisi has inaugurated a new expansion project in the country’s flagship Abadan Refinery.

Energy

Official puts daily gas condensate output of South Pars Field at 700,000 barrels

Thirteen refineries of the South Pars Gas Field produce more than 700,000 barrels of gas condensates per day, according to an official with the knowledge of the matter.

Energy

Iran, EAEU sign free trade agreement

A long-awaited free trade agreement was signed between Iran and the Eurasian Economic Union (EAEU) in Tehran on Thursday.

Trade

Iran oil prices up $30 per barrel in 2022: OPEC

Latest figures by the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s crude oil prices rose by an average of over $30 per barrel year on year in 2022 while its output also increased by 7% over the same period.

Energy

Iran Parliament reinstates Fatemi Amin as minister of industry

Iranian Minister of Industry, Mine, and Trade Reza Fatemi Amin survived a second impeachment on Monday to remain in charge of one of the country’s most economically important ministries.

Mine and Industry

Iran reports zero daily COVID deaths after nearly five months

In the latest update by Iranian Health Ministry on Sunday no COVID-related deaths were reported over the past 24 hours.

Society 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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