Asia Clearing Union (ACU)

STFI, INSTEX keen on conducting pilot trade exchange: CEO

The two Iranian and European companies are laying the groundwork for realising the first financial transaction months after they were created.

Trade

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Iranian President Masoud Pezeshkian presented a budget of $98.5 billion for the country’s next fiscal year to the Parliament on Tuesday.

Iran president presents next year budget bill to parliament

The volume of trade between Iran and the Eurasian Economic Union (EAEU) has increased by 2.5 times since four years ago when the two sides engaged in a preferential trade agreement (PTA).

Iran’s trade with EAEU countries grows by 2.5 times in 4 years

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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