SWIFT

Iran, Russia ditch SWIFT, creating their own banking messaging channel

The decision to create a separate banking messaging channel comes after the Society for Worldwide Interbank Financial Telecommunication, known as SWIFT, announced in November that it would sever ties with individual Iran-based banks for the sake of the "global stability of the system".

Financial Markets

Russia, Iran coordinating their payment systems as SWIFT alternative

SWIFT, an international messaging network for communications between banks, suspended access for several Iranian-based banks in November in the wake of US sanctions against the Islamic Republic.

Financial Markets

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Iran’s Vice President and Head of the Department of Environment, Shina Ansari, emphasized the crucial role of private sector investment in addressing the country’s environmental challenges through green business ventures and waste management solutions.

Iran’s vice president calls for private sector investment in green businesses

Iran has set a target to expand its overseas farming to 2 million hectares (4.942 million acres) by 2029 amid efforts to ensure sufficient food supplies in the country.

Iran to expand overseas farming to 2 million hectares by 2029

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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SWIFT

Iran, Russia ditch SWIFT, creating their own banking messaging channel

Russia, Iran coordinating their payment systems as SWIFT alternative

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Iran’s vice president calls for private sector investment in green businesses

Iran to expand overseas farming to 2 million hectares by 2029

Iran Chamber of Commerce, Industries, Mines and Agriculture