Iran Brazil

Iran government urged to normalize trade tariffs with Brazil

Iran annually imports $5 billion worth of essential goods from Brazil with a customs duty of up to 4% while the Islamic Republic’s exports to the South American country is less than $100 million per year, says the head of Iran-Brazil Chamber of Commerce.

Trade

Iran-Brazil Joint Chamber of Commerce opens office in Sao Paulo

Iranian Ambassador in Brazilia Hossein Qaribi said on Tuesday that Iran-Brazil Joint Chamber of Commerce has opened an office in Sau Paulo to represent Iran’s private sector in the Latin American country.

Joint Chambers

Iran urged to balance trade with Brazil

Participants of an online webinar on potentials for cooperation between Iran and Brazil underlined that Iran needs to create balance in its trade with the Latin American country.

Iran Chamber

Iranian ship Bavand sets sail from Brazil, second vessel following soon

Iranian ship Bavand, which had been at the heart of a geopolitical spat between Brasilia and Tehran, set sail from Brazil on Monday after receiving fuel from state-run Petroleo Brasileiro, the port of Paranaguá said.

Energy

Brazil Supreme Court urges Petrobras to refuel stuck Iranian ships

Brazil’s top court has ordered on Thursday that state-controlled oil company Petrobras refuel two Iranian grain vessels stranded near the Paranagua port for a month unable to head back to the Middle East due to lack of fuel.

Energy

Iran non-oil trade with Americas over $800m in 9 months

Brazil, the US, Canada and Uruguay are the four North and South American countries that have had major commercial dealings with Iran since 21 March, according to the latest data.

Trade

Iran looks to import medicine from Brazil, India

Tehran wants to offset possible shortages of certain medicine following the US sanctions by luring investment from Brazil and India.

Mine and Industry

Brazil allocates $1.2bln for economic cooperation with Iran

Brazilian Ambassador to Tehran Rodrigo de Azeredo Santos said his country has allocated $1.2 billion to boost cooperation with Iran in diverse economic fields.

Iran Chamber